In the Universe, oxygen is the third most widespread element, while on Earth it is the most abundant one. Moreover, oxygen is a major constituent of all biopolymers fundamental to living organisms. Besides O 2 , reactive oxygen species (ROS), among them hydrogen peroxide (H 2 O 2 ), are also important reactants in the present aerobic metabolism. According to a widely accepted hypothesis, aerobic metabolism and many other reactions/pathways involving O 2 appeared after the evolution of oxygenic photosynthesis. In this study, the hypothesis was formulated that the Last Universal Common Ancestor (LUCA) was at least able to tolerate O 2 and detoxify ROS in a primordial environment. A comparative analysis was carried out of a number of the O 2 -and H 2 O 2 -involving metabolic reactions that occur in strict anaerobes, facultative anaerobes, and aerobes. The results indicate that the most likely LUCA possessed O 2 -and H 2 O 2 -involving pathways, mainly reactions to remove ROS, and had, at least in part, the components of aerobic respiration. Based on this, the presence of a low, but significant, quantity of H 2 O 2 and O 2 should be taken into account in theoretical models of the early Archean atmosphere and oceans and the evolution of life. It is suggested that the early metabolism involving O 2 /H 2 O 2 was a key adaptation of LUCA to already existing weakly oxic zones in Earth's primordial environment.