Does a big surge in gold and silver prices always mean you can make money? A lot of people are actually shorting... Checked out Ostium, the representative of RWA Perp DEX, and found that ~80% of its daily trading volume is concentrated in commodities like gold and silver. Since last December, gold has risen ~30%, but Ostium traders’ cumulative PnL went from a positive $3.5M all the way down to a negative $4M. Interestingly, in the past 24 hours, as gold and silver took a dive, traders managed to make some money, with cumulative PnL recovering from negative $4M to around negative $3.1M...