Ostium airdrop

What to do, in order

1. 1

   Step 1

   Connect to the Ostium app with email login or a Web3 wallet, following the official docs

2. 2

   Step 2

   Fund the account with USDC on Arbitrum; margin is locked by the contracts only while a trade is open

3. 3

   Step 3

   Trade perpetuals to build a weekly trading score, or deposit USDC into the vault for OLP to build an LP score

4. 4

   Step 4

   Check weekly conversions and your Season 2 total on the Points page at app.ostium.com/points

Where things stand

Ostium is a perpetuals venue on Arbitrum focused on traditional markets. Its docs describe 75 trading pairs across stocks, ETFs, commodities, indices, forex and crypto, with up to 200x leverage, settlement in USDC and self-custody of collateral in segregated smart contracts. Directional flow is hedged off-chain with institutional partners, and a liquidity vault settles trades onchain.

Ostium runs a points program in its app. The official Points page shows Season 2 with a displayed total of 25.0M Season 2 points, alongside a Season 1 section. Users accumulate a weekly trading score and a weekly LP score; at the end of each week those scores are converted into points and reset to zero.

Public documentation for the program is thin. The current docs at docs.ostium.com do not include a points section, and the app page does not mention a token, a conversion ratio, a season end date or Sybil rules. With credible points activity but nothing confirmed about a token, we list Ostium as potential.

How points are earned

According to the Points page, weekly scores grow as you trade and as you stake liquidity. Trading score is tied to your trading activity on Ostium, and LP score is tied to capital deposited in the vault. The exact weighting between the two, and the formula that turns scores into points, are not published on the pages we opened.

The LP side works through OLP, an ERC-20 token on Arbitrum representing a share of the Ostium Vault. The docs explain that OLP is minted at the next daily settlement when you deposit USDC, that its price rises with opening fees earned by the vault, and that it sits in a senior position behind a junior buffer funded by Ostium affiliates and partners. Under normal conditions, trader profits are absorbed by that buffer first, and OLP only takes a loss if the buffer is fully depleted.

OLP is a liquidity share, not an airdrop token. Its value comes from vault fee income, not from the points program.

• Two weekly scores: trading and LP.
• Scores convert to points weekly and then reset.
• No published formula, end date or token terms.

Risks and red flags

Leverage of up to 200x on assets such as indices or forex means small price moves can liquidate a position. Traditional markets also have closures and gaps that crypto-only traders may not be used to, and the docs include separate guidance on day trading stocks. Opening fees vary by pair and are listed in the docs.

Vault deposits carry their own risks. OLP is protected by a junior buffer, but it can lose value if trader profits exhaust that buffer, and deposits and withdrawals convert only at the daily settlement price. The system also depends on off-chain hedging partners and oracles, which adds counterparty and operational risk beyond the smart contracts.

Because the program is documented mainly inside the app, it is easy for scammers to create convincing fake points or claim pages. Use app.ostium.com and docs.ostium.com only, never share a seed phrase, and treat any page offering an Ostium token claim as fraudulent while no token has been announced.

What to take from this drop

Ostium has an established product and a running points season, but it says very little in public about what those points are for. That makes it one of the less transparent programs among perp venues: you can see your points, but you cannot see the rules behind them or any token plan.

Before depositing, read the fees and liquidation pages in the docs. The fees page covers opening, oracle, rollover and liquidation fees, with opening fees varying by pair, and the liquidation page walks through thresholds with worked examples. Trading requires USDC on Arbitrum, and your funds stay in your wallet until the contracts lock margin for an open trade. Vault deposits and withdrawals convert only at the daily settlement price, so capital placed in OLP is not instantly liquid.

If you already want leveraged exposure to stocks, commodities or FX from a self-custodied wallet, points are a reasonable side benefit. If your only reason to trade is points, the absence of published rules makes that a weak bet. We will update this page if Ostium publishes program terms or token details.