Trading is live on Ostium as of 10:00 AM ET, reopening in stages.
At reopen, protective and reduce-only actions come first: closing positions, topping up collateral, updating or cancelling orders, and automated take-profits, stop-losses, and liquidations.
Opening new positions
Trading on Ostium reopens Thursday, July 23 at 10:00am ET.
Below covers what happens to open positions, how trading comes back online, and a recovery plan update for liquidity providers.
What happens to positions at reopen
Open positions and pending orders will carry over as
Trading on Ostium reopens Thursday, July 23 at 10:00am ET.
Below covers what happens to open positions, how trading comes back online, and a recovery plan update for liquidity providers.
What happens to positions at reopen
Open positions and pending orders will carry over as
Update: We are working toward a relaunch this week. We will provide a notification 24 hours before trading resumes. Final checks are being done by our auditors, third-party cybersecurity experts, and engineering team.
What this means for positions when trading resumes:
• They
An update on where things stand:
What happened
On July 15, Ostium’s LP (liquidity provider) vault was exploited for 23,752,746 USDC. Based on our ongoing investigation, the attacker compromised off-chain infrastructure related to the system that feeds prices into the protocol.
