USD/KRW and KR2550 are now live on Ostium.
Our first-ever Korean assets.
Celebrating with the Kimchi Premium: half fees & double points on both pairs.
This week only.
I still remember every VC we spoke to in in 2022 asking us “why would crypto natives trade TradFi?” - arguing they had no edge in traditional markets
It turns out ~3 years later that:
(1) crypto natives are moving their focus to traditional markets - primarily single name equities and commodities - at unprecedented rates, and
(2) many are actually substantially more profitable trading an asset class they once feared they’d have no edge in than trading the very asset class they cut their teeth on - as the long promised alt season has failed to materialize
The crypto native trader rotation to TradFi will continue until crypto has real rights assigned to tokens and an order of magnitude more quality assets.
24 hours after the @ostium competition kicked off here’s the recap:
✦21 participants so far.
✦$4.8M in total volume.
✦Leader sitting at $1.6M volume with a nearly flat PnL (–0.27%).