Osmium tetroxide (OsO4) is a volatile and toxic compound that is useful for the dihydroxylation of alkenes to form vicinal diols. It is also used in the Sharpless asymmetric dihydroxylation and Lemieux-Johnson oxidation reactions. Some key applications of OsO4 include the dihydroxylation, epoxidation, and oxidation of various organic compounds.