Ostrich is an on-chain trading platform built on Arbitrum. It is designed to give users access to a range of financial markets through perpetual contracts, using a wallet-based model rather than brokers, custodians or traditional account infrastructure.

The platform focuses on exposure to real-world and digital markets, including equities, metals, forex, commodities and crypto assets. It uses oracle-based pricing to determine market prices and a Payment for Order Flow model to route trades to execution partners.

Ostrich is structured around direct market access without KYC or brokerage accounts. Users connect a wallet, deposit USDC on Arbitrum and trade through the platform interface. The product includes features such as long and short positions, leverage, position management, real-time PnL tracking, funding rate monitoring and gasless trading through the interface described.

The broader project is centred on building a global trading layer that brings multiple market types into a single on-chain environment. Its stated model is based on access and execution rather than tokenised wrappers or internal liquidity pools, with order routing and external execution forming the core of how the platform operates.

RICH is the token that supports governance, staking and user incentives within the Ostrich ecosystem.

Its main uses include:

• voting on market listings, treasury decisions, incentive structures and other protocol proposals
• staking to access platform benefits
• receiving trading fee discounts
• getting priority access to selected markets
• accessing platform tools, analytics and market data features
• using RICH as trading collateral
• interacting with related DeFi and real-world asset integrations

RICH is also linked to the platform’s rewards system, with Ostrich Points planned to convert into the token at the token generation event.