M//\cco

My favorite onchain play for RWAs and Precious Metals is @ostium. Ostium allows users to trade perps with up to 100x leverage on individual stocks, commodities, indexies, forex, and precious metals. Where else can you degen into a 100x long position on stocks like $NVDA, $TSLA, $COIN, $AAPL, and $HOOD in just a few clicks? Ostium feels like the future. The DEX has ~$200M OI and lately has been hovering around ~$1B in weekly volume. Super impressive numbers once you realize 95% of their Open Interest comes from non crypto assets. $200M+ of their Open Interest is people trading perps on precious metals, stocks like TSLA, G RWAs are the future but bringing these assets onchain, building deep liquidity, and integrating them across networks is a massive challenge. It will take years to materialize which is the void that @ostium currently fills in the market. Their OI/Volume has been exploding as prices of the underlying commodities on their platform have also skyrocketed. To put their success in perspective... Last month 58% of the total Onchain Gold OI was on Ostium.. The @ostium team has been executing nonstop since their 2023 seed round led by household names like @generalcatalyst & @balajis. Their founders @kaledora & @contrarianmarco both come from backgrounds at Harvard and have an incredibly deep understanding of markets. Not your average crypto founders... They are in a unique spot at the intersection of crypto, RWAs, precious metals, and the explosion of popularity in perps usage. Perfectly at the intersection of every sector I'm bullish on in the coming years Their growth has been very impressive. In October alone they will likely clear ~$2M in fees putting their annualized fees around ~$22M. Based on those fees, a historical P/E of 15 would value them at $330M currently. My strategy is to trade Gold/Silver/Copper/Palladium w/ leverage while earning an airdrop (yield) on the position. Their points program is now live so you can earn a position just by being early. There is a very good chance based on their current fees and trajectory that Ostium is in the $1-5B+ range prior to any airdrop. While volumes hover around $1B weekly, even smaller traders using leverage can earn large shares of the point pool. RWA markets are expected to hit $15T+ in the next 5 years, trading on Ostium earns you free exposure to multiple of the highest growth sectors in crypto. I'd highly recommend trying the product yourself. Blowing up my favorite farm with this post so feel free to use my reference link or Code (SCAPS) app.ostium.com/trade?from=SP… Enjoy... and good luck!