Life existed before Oxygen was abundant, so no.

About 2.4 billion years ago, some bacteria figured out how to photosynthesise to get energy from sunlight. Photosynthesis produces Oxygen gas, which they didn't need, so they burped it out. Over hundreds of millions of years, the oxygen built up. Oxygen is quite toxic to life forms not used to it, so that led a mass extinction.

More info: https://en.wikipedia.org/wiki/Great_Oxidation_Event