Taha Pathan

GTM @Ostium || Prev. @scrib3_co

[Taha Pathan @path_taha]

Ostium in The Wall Street Journal.

[Ostium @Ostium]

Ostium in The Wall Street Journal.

Trade oil, gold, and stocks onchain from the most liquid markets in the world.

[Chainbox @ChainboxApp]

We’ve built a copy trading platform that allows you to track and copy traders automatically.

One of the top traders on the leaderboard entered BTC shorts for a return of $227K

We’re starting early access list soon

Reply if you’re in. Notifications on.

[Ostium @Ostium]

BlackBerry is live.

One of this year's hottest trades. Up 180% YTD.

~5% to hold annualized. Only on Ostium.

[Taha Pathan @path_taha]

access tradfi liquidity onchain.

only on ostium.

[Ostium @Ostium]

This trader just opened a $20,675,100 short on US100. One clip, filled in seconds.

TradFi liquidity is already live on Ostium.

[Taha Pathan @path_taha]

@kajmak_eth Patriot.

[Taha Pathan @path_taha]

Picks and shovels of the AI trade. Now on Ostium.

[Ostium @Ostium]

Rare Earths & Memory. Now Live.

MP, REMX, DRAM.

Only on Ostium.

[Taha Pathan @path_taha]

@kajmak_eth Lfg.

[kajmak.eth @kajmak_eth]

Hey frens, it's official, Kajmak Studio is live. 😎
We design for web3 - launch videos, gtm assets, product design, landing pages (and other things too)

6+ years in the trenches, dms open.
https://t.co/tAhmmuZxH0

[Taha Pathan @path_taha]

@baranonchain @Ostium

[Taha Pathan @path_taha]

@naruto11eth @Polymarket congrats

[Taha Pathan @path_taha]

@radypjam Will check.

[Taha Pathan @path_taha]

price discovery happens on the primary trading venues

so orderbooks over RFQs is only good for crypto perps

for tradfi perps, the primary trading venues have liquidity that is orders of magnitude higher than what is currently available onchain

the only time any price discovery(for tradfi assets) is happening onchain is during weekend trading on hl

[tervelix @tervelix]

We need to stop with this nonsense of crowning RFQs over Orderbooks.

I’ve written about this before but once more wanted to share

Orderbooks like Lighter are venue for Price Discovery; where the price is set. The price is based on supply and demand.

RFQ models like Variational is a venue for Price Taking. It literally copies the price from elsewhere; physically cannot offer better pricing than the venue it hedges on without taking directional risk.

Simple math: RFQ Price = Source Price + Hedging Fees + Profit.

Actually, Variational isn't even a competitor to Hyperliquid/ Lighter; it is a customer of them when you check deep.

There is also the Last Look problem:

- In orderbook: If you see a price and click buy, you get filled. The engine is neutral, in Lighter's case it's proved by ZK that you get the fill you intended.

- In RFQ: You request a price. The MM (or OLP) looks at your request, looks at the market, and then decides if they want to take the trade. If you are profitable, the RFQ engine can simply start rejecting your quotes, can delay them or giving you worse pricing.

So please stop crowning RFQs. Most they can become an aggregator of actual trading venues.

[Taha Pathan @path_taha]

@rachit or it might turn out to be another Pi token.

[Taha Pathan @path_taha]

8 fig position onchain. 0.0284-0.045% slippage.

this is the best possible execution that you can get onchain for a trade of that size.

onchain orderbooks could never...

[Ostium @Ostium]

The largest onchain oil trade we've ever seen just happened.

One wallet. $75,908,900 WTI short across five positions.
0.0284-0.045% price impact. Up $1M+ in unrealized profits.

[Taha Pathan @path_taha]

@Robsvr @grvt_io @pacifica_fi @variational_io @extendedapp @StandX_Official DMed

[Taha Pathan @path_taha]

@emilylai @kaledora @Ostium Goated addition to the team.

[Taha Pathan @path_taha]

@0009Anupam @Ostium Sent you a DM.

[Taha Pathan @path_taha]

@0009Anupam @Ostium Can you share more details in DMs?

[Taha Pathan @path_taha]

Trade the most liquid global markets.

[Ostium @Ostium]

Live with Nasdaq.

This partnership brings us a step closer to unlocking access to global financial markets. More assets, more liquidity.

[Taha Pathan @path_taha]

@ashishknows @SheTalksCrypto @vibhu Patriot.