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

Source: CryptoNewsNet Original Title: Arbitrum-based DEX Ostium secures $20M funding to scale its crypto and real-world asset trading Original Link: Ostium, a decentralized platform enabling on-chain trading of real-world assets through perpetual contracts on the Arbitrum network, has secured $20 million in funding.

The startup is founded by Harvard graduates who 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.