Oxygen Protocol is a governance and utility token designed for the Oxygen platform, which operates as a Prime Brokerage Protocol. This token plays a crucial role in facilitating various functions within the Oxygen ecosystem. As a governance token, it empowers holders to participate in decision-making processes, influencing the development and direction of the platform. This feature enhances community engagement and ensures that users have a say in key operational aspects. The utility aspect of the token allows for seamless interactions within the Oxygen ecosystem, enabling users to access and utilize various services offered by the protocol. Overall, Oxygen Protocol aims to streamline the trading and borrowing experience, positioning itself as a vital tool for users in the decentralized finance space.