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updated $0Market cap$182.74K
Volume 24h$26.65K
Circulating supply40.69M0% of max 10B
All-time high$4.16-100% from peak · 2021-03-16
Oxycoin (OXY) is a cryptocurrency that runs on a Proof-of-Work blockchain, meaning new coins are created through mining, just like Bitcoin. Its supply is strictly limited to a hard cap of 10 billion coins, so no more can ever be minted beyond that. In simple terms, it's a digital coin you can mine, hold, and transfer without a central authority in charge.
Frequently asked questions
What is Oxycoin and how is it different from Bitcoin?
Oxycoin (OXY) is a standalone cryptocurrency with its own blockchain and the ticker OXY. Unlike Bitcoin, which caps supply at 21 million coins, Oxycoin has a much larger hard cap of 10 billion, and it also exists as a smart contract token at address 0x869b1f57380ae501d387b19262efd3c0eb7501b0, giving it a presence on smart contract networks as well.
How does Oxycoin's technology work?
Oxycoin uses a Proof-of-Work (PoW) consensus mechanism, where miners compete to solve computational puzzles and validate transactions in exchange for newly minted coins. This is the same battle-tested model behind Bitcoin, valued for its security and decentralization since no single party can control transaction validation.
How is Oxycoin's supply and emission structured?
Oxycoin has a fixed hard cap of 10 billion coins, meaning the total supply can never exceed that amount. New coins enter circulation gradually through mining rewards, and once the cap is reached, no additional OXY will ever be created — a deflationary-by-design feature that protects the coin from unlimited printing.
How can I store and use Oxycoin?
You can store OXY in any wallet that supports the coin's blockchain, and the smart contract version at 0x869b1f57380ae501d387b19262efd3c0eb7501b0 can be held in Ethereum-compatible wallets. Typical uses include holding as a store of value, transferring peer-to-peer, and trading on exchanges that list OXY. For official information and updates, check the project's website at https://oxycoin.io/.