Ostium Co-Founder Claims $44.7M Revenue From Two-Year Agreement
- —Revenue from the two-year agreement was about $44.7 million
- —Gross profit was roughly $2.96 million, implying ~$41.7 million in direct costs
- —Counterparty, start and end dates, and service type remain undisclosed
- —Ostium previously lost 18M USDC and 23.75M USDC in separate incidents
Why it matters: The unaudited, single-source figures leave Ostium's actual financial position unclear for traders and counterparties.
Source: Coincu