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In light of all the hype around real-world assets (RWAs) of late, I thought it’d be interesting to look at Ostium.

Ostium is a perps DEX on Arbitrum that lets you trade RWAs onchain. It’s not a new project: The team raised $3.5 million in a round led by General Catalyst and LocalGlobe in October 2023, and went live last year. 

What is new, however, is its recently-launched points program, which has propelled TVL up tenfold from $5.5 million to $53.6 million.

Source: DefiLlama

What sets Ostium apart from competitor perps DEXs is its ability to long or short popular market indices…

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