Hi entrepreneur, welcome here!
Just to understand your query better:
You want the compound to react with air as well, don't you? Air contains much oxygen, so reacting with pure oxygen but not with air would be more difficult. Do you consider gaseous oxygen?
Reactions by oxygen contact exist (and are sometimes violent), but "instantaneously" will be limited by the time oxygen takes to reach the depth of the material. Do you want a thin liquid film, a thin solid film?
More constraints? Especially compatilibity with food, or toxicity, or unreactive with other compounds...? Accepted heat production at oxygen contact?