Ostium upgrades its backend, adding off-chain institutional liquidity providers such as Jump.

CoinFeed reported on April 29th that, according to The Block, on-chain perpetual contract exchange Ostium has completed a major upgrade to its backend infrastructure, introducing a new real-time decentralized execution layer that combines on-chain liquidity pools with off-chain hedging. The platform has added institutional liquidity providers, including Jump, as hedging partners to assume the net directional risk of trades. Previously, Ostium relied on public liquidity pools to handle both pricing and risk absorption, limiting its size and open positions. After the upgrade, Ostium acts as a bridge between traditional finance and DeFi, allowing users to maintain full self-custody while enjoying the liquidity and depth of off-chain institutions.