Oly
[ˈoʊli]Meaning
Hungarian, from the demonstrative pronoun az ("that") plus the ablative suffix -l
Background Story
Oly is recorded as a given name, rarely, in various languages. In Hungarian it is a lexicalization of the u ~ o variant of the demonstrative pronoun az ("that") with the ablative suffix -l.

Related Names
Oby
A variant of the name 'Obi', meaning heart in some African languages.
Oky
Oli
Short form of Oliver
Omo
Abbreviation of English 'O sum' with o as a placeholder
Oxa
A name of uncertain origin, sometimes thought to relate to strength or boldness.
Aether
Latinized form of greek Αἰθήρ (Aither), "ether, heaven", from αἴθω (aitho), "to burn, to ignite"
Aji
Recorded as a given name in Indonesian (masculine) and Gallo (feminine)
Aky
Alexe
A Romanian given name and family name
Alexys
No documented meaning in the sources checked