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Ostium upgrades backend, adds offchain institutional liquidity providers like Jump

The Block
Decentralized perpetuals exchange Ostium has upgraded its backend to incorporate institutional liquidity providers like Jump for enhanced trading depth and execution.

Summary

Ostium has launched a major backend infrastructure overhaul, introducing a real-time decentralized execution layer. By moving away from a reliance on public liquidity pools that absorb all directional risk, the platform now utilizes institutional partners, such as Jump, to hedge net exposure offchain. This transition allows Ostium to connect onchain traders to traditional markets, providing deeper liquidity for stocks, commodities, and forex while maintaining user self-custody.

(Source:The Block)