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Water is still the best coolant. O2 would be a gas...
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The Ksp for O2 at room temp is 6 or 7 places right of the decimal. There will be essentially none in the coolant, all would be evolved as gas.
Anyway 100% H2O2 would be a really bad idea. Commercial stuff is almost all water, so it would perform little different. Besides I suspect it would damaged most tubes and perhaps redux with the metal in a system (too lazy to look that up though- ignore if I'm mistaken).