Back to Organizations
Ostium Labs
The company is responsible for the development of smart contracts and other development infrastructure for the Ostium protocol.
UK
Employees: 5
Description
Ostium Labs is developing open source software for the first on-chain perpetuals DEX for trading Real World Assets. The trader-focused platform enables direct on-chain exposure to commodities, forex, and blue-chip crypto assets, with indices, fixed income and real estate down the line. V1 will operate under a fully synthetic model at launch, backed by a collective USDC pool on Arbitrum with limited parallels to the GLP model. Future evolutions will feature progressive integration of tokenized off-chain assets as stakeable tokens in the pool (e.g. indices, treasuries, credit, more). We recently raised a $3.5+M seed round, graduated from DeFi Alliance's last cohort, and are building towards a Q3 testnet deployment.Grant Funding
VC Funding
None
2023
$0
$3.5M