Peroxide is not an effective sanitizer. It’s also extremely expensive and you burn through a lot of it trying to clean out a pool. You need to use chlorine in a swimming pool and follow the SLAM Process.
 
It would take many tens of gallons of expensive high strength stuff (not the stuff you find in the pharmacy), which will likely cause some liner staining and be extremely uncomfortable if you got splashed by it, but with enough it would probably oxidize the algae eventually. Then you'll need to add many tens of gallons of chlorine to remove the remaining peroxide from the water as they essentially cancel each other out. It's also not a sanitizer so the pool wouldn't be safe to swim in until you neutralized the peroxide and were able to maintain a safe FC level.

So can it work? Sure. Safe or cost effective? 😂
 
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