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Arbitrum-based DEX Ostium secures $20M funding to scale its crypto and real-world asset trading

Arbitrum-based DEX Ostium secures $20M funding to scale its crypto and real-world asset trading

Ostium aims to modernize commodity trading by connecting traditional asset markets with decentralized finance on the Arbitrum network.

by Vivian Nguyen

1 min read

In DeFi

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Ostium, a decentralized platform that enables on-chain trading of real-world assets through perpetual contracts on the Arbitrum network, has secured $20 million in funding, per Fortune.

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The Harvard graduates behind the startup are building infrastructure that allows users to trade commodities like gold and oil using USDC or other stablecoin collateral.

The platform focuses on perpetual futures contracts that never expire and operates entirely on-chain without traditional brokers. Ostium uses a dual-oracle system for accurate pricing of real-world assets, positioning itself as a bridge between traditional commodity markets and decentralized finance.

The platform enables high-speed, low-fee trading backed by liquidity providers. Perpetual futures contracts allow traders to speculate on asset prices without expiration dates, a format that has gained popularity among crypto traders for leveraged trading of commodities and indices.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.

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