Built on Arbitrum, the perpetuals protocol has processed $25 billion in trading volume by offering self-custodial bets on gold, FX and other real-world markets.
Built on Arbitrum, the perpetuals protocol has processed $25 billion in trading volume by offering self-custodial bets on gold, FX and other real-world markets. Ostium raises $20M Series A led by General Catalyst, Jump Crypto to put TradFi perps onchain.
Ostium has raised $24 million in new funding, including a $20 million Series A co-led by General Catalyst and Jump Crypto. The Arbitrum-based protocol offers on-chain perpetual swaps tied to equities, commodities, indices and FX. The platform has seen $25 billion in cumulative volume with more than 95% of open interest in traditional markets. Ostium Labs, the team behind the Ostium protocol, has raised $24 million in new funding, including a $20 million Series A co-led by General Catalyst and Jump Crypto and an undisclosed $4 million strategic round, the company said in a press release on Wednesday. Built on Arbitrum, Ostium offers on-chain perpetual swaps tied to stocks, commodities, indices and FX, pitching self-custody and auditable market rules as a crypto-native alternative to broker-run contracts for difference .“Our thesis has been that the global CFD broker market will be disrupted by DeFi. Our ambition is to build the platform to make that possible,” said Kaledora Kiernan-Linn, co-founder and CEO of Ostium, in the release. Ostium's existing backers include Balaji Srinivasan, LocalGlobe, Susquehanna International Group , Crucible Capital, GSR, Nick Van Eck, Shiliang Tang and angels from firms including Bridgewater, Two Sigma and Brevan Howard. The protocol said it had processed $25 billion in cumulative volume and that more than 95% of open interest is in traditional markets, including major on-chain gold perps share during the current rally.AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M , followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.ETHZilla said it bought 20% of Karus, an AI-driven auto loans platform, in a $10 million deal, marking its entry into the U.S. asset-backed securities market. The companies plan to tokenize auto loans using blockchain, with the first portfolios expected to be available by early 2026. The partnership will also give ETHZilla access to Karus's network of over 20,000 U.S. car dealerships, banks and credit unions, and will integrate ETHZilla's technology into its Ethereum-based infrastructure.
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