So, you all certainly already know that Ostium was launched on Vooi.
It is a DeFi for trading perpetual contracts (perps) on real-world assets (RWA) like commodities (oil, gold), indices (S&P 500, Nasdaq), and forex pairs (EUR/USD), built on Arbitrum.
Well, while the cryptocurrency market is not encouraging us, there is time to plunge into the world of commodities.
First of all, go to Vooi and choose Ostium (mainnet):
Interestingly, the funds do not need to be deposited. You trade using $USDC, which are directly in your wallet, the Arbitrum chain.
Ok, let’s try to trade a Silver (XAG) with a small size.
Pay your attention, that on Ostium exposure must be higher than $500 (for a Silver), $250 (for an Oil) etc., you can’t open a cheaper order.
So long is a not good decision finally for today, let’s try short.
Just make a test trade to understand an Ostium mechanism for SL and TP.
So let’s seriously trade Oil (CL).
Cuz for me the best decision on such market is open short, I have done it:
50x mmmmm risky! but why not…
Ok, market will be closed soon for the weekend, so let’s finish for today.
Well, what can I say in the end. It's convenient that you trade directly from your wallet, which is a plus in terms of the security of your funds. On the other hand, it is interesting that Ostium automatically exposes stop loss and take profit, to change it, you need to make 2 separate transactions.
Try to trade on Vooi with Ostium and share your pnl in Vooi discord for some rewards ;)
See you soon!