Pyranose 2-oxidase (P2O) from Trametes multicolor is a flavoprotein oxidase that catalyzes the oxidation of aldopyranoses by molecular oxygen to yield the corresponding 2-keto-aldoses and hydrogen peroxide. P2O is the first enzyme in the class of flavoprotein oxidases, for which a C4a-hydroperoxy-flavin adenine dinucleotide (FAD) intermediate has been detected during the oxidative half-reaction. In this study, the reduction kinetics of P2O by D-glucose and 2-d-D-glucose at pH 7.0 was investigated using stopped-flow techniques. The results indicate that D-glucose binds to the enzyme with a two-step binding process; the first step is the initial complex formation, while the second step is the isomerization to form an active Michaelis complex (E-Fl ox :G). Interestingly, the complex (E-Fl ox : G) showed greater absorbance at 395 nm than the oxidized enzyme, and the isomerization process showed a significant inverse isotope effect, implying that the C2-H bond of D-glucose is more rigid in the E-Fl ox :G complex than in the free form. A large normal primary isotope effect (k H /k D = 8.84) was detected in the flavin reduction step. Steady-state kinetics at pH 7.0 shows a series of parallel lines. Kinetics of formation and decay of C-4a-hydroperoxy-FAD is the same in absence and presence of 2-keto-D-glucose, implying that the sugar does not bind to P2O during the oxidative half-reaction. This suggests that the kinetic mechanism of P2O is likely to be the ping-pong-type where the sugar product leaves prior to the oxygen reaction. The movement of the active site loop when oxygen is present is proposed to facilitate the release of the sugar product. Correlation between data from presteady-state and steady-state kinetics has shown that the overall turnover of the reaction is limited by the steps of flavin reduction and decay of C4a-hydroperoxy-FAD.Pyranose 2-oxidase (P2O; 1 pyranose:oxygen 2-oxidoreductase; EC 1.13.10) is a flavoprotein oxidase catalyzing the oxidation of several aldopyranoses by molecular oxygen at the C2 position to yield the corresponding 2-keto-aldoses and hydrogen peroxide (Scheme 1) (1). The enzyme was identified and isolated from several species of fungi (2) and is thought to be involved in lignin degradation by providing H 2 O 2 for lignin peroxidase (3). H 2 O 2 production by P2O can also be important for maintaining an oxidative stress level that helps control the growth of other competing organisms (4). The regiospecific oxidation at the pyranose C2 position catalyzed by P2O is a very useful reaction for carbohydrate syntheses since it can be applied in the syntheses of D-tagatose (5), cortalcerone (6), and other valuable sugar synthons (2, 4).P2O from Trametes multicolor is a homotetrameric enzyme with a native molecular mass of 270 kDa (subunit molecular mass of 68 kDa) (1). Each subunit contains one flavin adenine dinucleotide (FAD) covalently attached to the N3 of His167 (7). The enzyme sequence and structure indicate that P2O belongs to the glucose-methanol-choline (GMC) oxidored...