“…To date, various strategies have been explored to modulate tumor hypoxia, such as in situ oxygen regeneration by the decomposition of endogenous hydrogen peroxide (H 2 O 2 ), blood oxygen delivery by an increase in the blood flow, and exogenous oxygen delivery by nanocarriers. − Oxygen supplementation via the first two methods is mainly derived from the body; however, their effectiveness is controversial because of the limited amount of H 2 O 2 and the incompleteness of blood vessels in tumor tissue. , On the contrary, relieving hypoxia by oxygen carriers is considered to be a potentially viable route. Currently, the widely used oxygen-carrying materials are hemoglobin (Hb) and perfluorocarbon (PFC). , Unfortunately, Hb is very expensive and susceptible to autoxidation with the generation of met-Hb (nonfunctional Hb) and free radicals, , which limit its potential for large-scale use in clinical practice. Alternatively, PFC is an effective synthetic substitute because its significant advantages include good physiochemical stability, low immunogenicity, excellent oxygen solubility, and lower cost. − In most cases, PFC as hydrophobic compounds is encapsulated into the core of nanoparticles for relieving tumor hypoxia, such as nanodroplets, hollow magnetic nanoparticles, and lipid nanoparticles. ,, Although these efforts have achieved some progress, there are still a few technical challenges that need attention like low PFC loading, low intracellular accumulation, restricted oxygen release and diffusion, etc. , Therefore, it is necessary to design a suitable nanomaterial or nanoplatform to overcome these adverse effects.…”