OTC derivative protocol to help
Boost yield
Protect downside
Boost upside
Get liquidity
Buy low
Sell high
Boost yield
Missing piece in DeFi
Implemented financial solutions tested on trillions of dollars in the “real world”. Now applied to digital assets and shared with the community by the same people who structured, sold, traded these at
Unlock use cases
  • Generate yield
  • Protect downside
  • Boost upside
  • Optimize entry/exit
  • Finance @ 0-cost
Natural evolution of DeFi
  • Buy/Sell$1bn+/day trades per
    day on Uniswap
  • Borrow/Lend $3bn locked in Aave, Compound
  • Buy/write options
    on digital asset
    About to explode
  • 01
  • 02
  • 03

How it works

In CeFi Investor pays for everyone’s party
Investor
Product distributor Structures and distributes product
Distribution, execution,
custody fees
  • Shareholders
  • Employees
  • Suppliers
Investment bank Structures, trades, funds
and risk manages trade
Structuring, trading,
issuance fees
  • Shareholders
  • Employees
  • Suppliers
Hedging venues
  • Derivative exchanges
  • Exchanges
    for underlying
  • Borrowing/lending
    for underlying
  • Internal crossing
    (within bank)
  • Other Banks
    (direct and blind pool)
  • Retail distribution
Trading fees, borrowing
costs, lending interest

In DeFi Investor gets best execution,
full transparency and minimal costs

Investor
Mobile App Intuitive structuring
Free self-custody
Structures and distributes product
No structuring fee,
No custody fee
Oxygen Smart
Contract
Structuring fee, trading PnL
  • Volatility liquidity providers (VLP)OXG reward tokens, structuring fee, lending fee, trading PnL for providing liquidity and risk-capital
  • Distribution partners (if not direct)
    OXG reward tokens for originating client trade
  • OXG Token holders
    15-20% of structuring fee and +ve trading PnL
Decentralized venues
  • Exchanges for underlying (Uniswap, Balancer)
  • Borrowing/lending for underlying (Aave, Compound)
  • Internal crossing
    (across pools within Oxygen)
  • Other parties (individuals, OTC desks,funds)
  • Retail distribution
Trading fees, borrowing
costs, lending interest

Oxygen transforms risk/return

Oxygen Protocol
  • Quantitative modelling
  • Risk management
  • Pricing engine
  • Execution engine
  • Collateral management
DeFi Ecosystem
  • Delta-hedging 1inch, UniSwap, Balancer
  • Borrowing/Lending Yearn, Aave, Compound
  • Market data Chainlink, Open data
  • Volatility-hedging OTC desks
3d Party Tools
  • Product constructor
  • Mobile/Web UI
  • Mobile SDK
  • Mobile App (non-custodial wallet + constructor)
  • Portfolio monitoring
Clients
  • Individuals
  • Wallet
  • Funds / VCs / OTC
  • Exchanges
  • Miners

Features

01
Lending income + Trading PnL + Rewards
Earn lending interest, trading fees, hedging PnL and VLP rewards
02
Optimized funding
Yielding debt and VaR/Expected Loss based funding tranches
03
Shadow PnL for
each position
To track hedging effectiveness and contribution to risk
04
Estimated PnL Distribution
Based on returns from delta-hedging options (not normally distributed)
01
Dynamic pricing
Based on volatility regime, net risk exposures and available risk limits
02
Dynamic SVJJ
volatility models
With skew and term structure to minimise PnL variability
03
Risk netting
/ Vol axes
Risk-reducing trades get discounted prices
04
Unwind options at any time
Unwind available at any time; based on delta-hedging PnL, change in pool’s risk
01
Dynamic delta-hedging
Smart delta-rebalancing to optimise risk and transaction costs (inc deep hedging)
02
VaR, Expected Loss and Greeks-based limits
Risk-based limits per pool
03
Dynamic collateral management
To ensure no uncollateralised counterparty risk
04
Private pools
Where only you can add / remove liquidity and control risk parameters
01
Options
Risk-based limits per pool
02
Options
Underlying ETH, ERC20 tokens with sufficient market cap, liquidity and price history
03
Cross-chain
As soon as reliable bridge is available and has been tested
04
Structured products
Yield enhancement, capital protection, upside participation, leveraged plays
05
Risk-management
Partial, full downside protection, 0-cost protection
06
Yield-enhancement
Call-overwriting programme
07
Financing
without margin calls and with downside protection
08
Optimised market access & exit
Buy below market, sell above market, discount to VWAP, put/call-selling
01
Market data
Asset prices
02
Model parameters
Calculated on-chain?
03
Products additions
Approved by governance token holders
04
Decentralised governance
Transition to full decentralisation

About us

A focused team of financial and software engineers in London, New York and Israel.

Passionate about DeFi and bringing institutional products, risk-management know-how and PnL opportunities to all.

We combine experience of creating mobile-first blockchain-based solutions with 50+ years of senior finance experience in structuring, selling and risk-management of structured products and strategic corporate solutions across equities, fixed income, currencies and commodities.

Core team