Solana-Based Oxygen Taps Jump Trading in Bid to Be DeFi’s Top ‘Prime Brokerage’

[ranaprime]

Oxygen, a kind of decentralized finance (DeFi) brokerage built on the high-throughput Solana blockchain, has added Chicago-based Jump Trading as a strategic partner.
Jump joins a group of existing supporters of the platform that includes Sam Bankman-Fried’s Alameda Research, Multicoin Capital and Genesis Trading (owned by CoinDesk’s parent company, Digital Currency Group). The firms backed Oxygen in a $40 million round of fundraising earlier this year.
Oxygen aims to make DeFi more accessible to retail investors, but with transactions handled and settled on the 50,000-transaction-per-second Solana blockchain and using the Serum decentralized exchange (DEX).
Carissa Felger, a representative for Jump Trading, said Jump’s role would be as a market maker on the Oxygen platform. “Jump is going to be a liquidity provider on Oxygen, collaborate on risk management and market data tools, and invest in the ecosystem,” Felger said via email.
Solana Labs itself just raised $314 million to build out the network’s DeFi capabilities.Source

[jonathancool220]

This Oxygen provides something called a super fast change in the blockchain platform from Solana which is sure that this Oxygen will understand very well how the Solana coin works even though this Oxygen comes from the Ethereum platform.
Or maybe I'm also wrong because I saw that Oxygen on Coinmarketcap comes from the Ethereum blockchain and is already listed on various exchanges including the big exchange on FTX.

Please check the source here ---> https://coinmarketcap.com/currencies/oxygen/

[masudginanjar]

As long as Oxygen continues to create the best innovations for Solana, we can predict that Oxygen can become the best collaboration platform for Solana coins.
Just look at the marketcap, it's also getting more and more expensive for Oxygen and I've checked it on Coinmarketcap, this is an opportunity and our best choice whether we choose Oxygen for the long term or short term.