We’re excited to officially announce the TGE of $GOATED! 🔥
Welcome to the biggest casino token launch on Solana in 2025, powered by @Metaplex Genesis
📅 Presale begins at 16:00 UTC on Sep 25th, 2025
100% of Funds Raised will be used to provide Day 1 DEX Liquidity.
RT this for a chance to win an exclusive allocation of $GOATED - let’s dive in 👇
Memes fade — today’s chuckle is tomorrow’s cringe.
Astrofolio will still be here in 10 years; your zodiac sign lasts forever.
Own it. Own a part of yourself.
Get it on-chain, or on @tryfomo app via Apple Pay.
people don't seem to love the uncomfortable truth that tokenized stocks:
- have no liquidity
- are only going to become more fragmented w/ more wrappers
- are a terrible deal for anyone with access to the underlying
however:
- synthetic long/short tradfi "perps" will be the instrument of choice: they already work
- case in point: there is currently $40m of liquidity on Tesla tradable at the *real* market price for 10bps on Ostium
- separately, no, onchain orderbook Tradfi perps are not the answer either
- they will and already do face similar liquidity issues
I have been saying this for years and will continue to stand by this position as it plays out in the market - see original thread below
https://t.co/aQS1ELWyg1
the problem with all the tokenized solutions is they have zero liquidity
you pay roughly 97x more to trade tokenized TSLA xStock on jupiter (eg ~$41k vs. ~$427), for instance, than through synthetic stock perps on @ostium - some examples:
1. TSLAx (Solana)
- the TSLA/USDC pool on Jup has ~360k in liquidity
- if you want to open a 250k position, you will face a 5.27% (!) price impact - or 530bps
- this is ON TOP of the fact that the tokenized stock is currently trading at a ~3% premium to the underlying asset (300bps) - $327 vs. $317 (comparison of prices at 4pm ET)
all in, you are paying a roughly 8%+ premium just to *buy* the asset onchain. assuming you want to trade out of that position at some point, those costs would presumably double (total: ~16.6%).
this comes out to about ~$41.5k in implied costs vis-a-vis the underlying market on this position size.
2. TSLA/USD perp on Ostium
assumption: position held for 1 week
- price feed tracks underlying market directly, within a few bps - current mid-price within <1.5bps of official nasdaq price
- 10bps flat open fee to open position (no closing fee)
- 1-week rolling cost: 5.6bps (0.8 bps/day)
- all-in cost to enter and exit: 17.1bps
ostium also supports leverage of up to 10x on overnight trades - meaning a trader could theoretically use ~$25k to open their position, and pay a total of ~$427 in fees on their 250k position, while only needing 25k in collateral.
TL;DR
- costs to open and hold a $250k TSLA synthetic stock perp position on Ostium for a week are roughly 100x cheaper than buying tokenized stocks (~$427 vs. $41,000)
- ostium has ~$40M in notional OI available on TSLA, compared to roughly $300k in liquidity on tokenized equivalents
Real World Asset (RWA) trading is expanding in DeFi.
@ostium enables leveraged synthetic perpetuals for stocks, forex & commodities.
Today's article covers Ostium's technology, supported assets & points program for early engagement.
Read more ⬇️ https://t.co/8tHmX9GPg4
@0xMummy@arbitrum@HyperliquidX i love @ostium i havent seen anywhere where i can trade ETFs as easily as with them and with as much leverage as they provide
1/ Following the launch of its points program on March 31st, @ostium has experienced significant growth in volume and market share.
This thread breaks down its model, growth, and points program: