What is Oil Rig (OIL)?
Oil Rig introduces the first Proof-of-Work token on Solana, bringing CPU-based mining back to Solana. You can start mining $OIL by simply visiting https://oilrig.io, entering your SOL address, and clicking "Start Drilling". The system uses a custom SHA-256 algorithm optimized exclusively for CPUs. When you find a barrel, the entire barrel reward pool is instantly sent to your address, funded by creator rewards that auto-buy $OIL every 3 minutes.
Where can you buy Oil Rig?
Oil Rig (OIL) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for OIL sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for OIL. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.
