DeFi exploit wave 2026Update 23 of 24
Ostium Oracle Exploit: $23.75M
Ostium Exploit Confirmed at $23.75 Million Via False Oracle Prices; Platform Cooperates With Investigators
A relentless wave of DeFi exploits—spanning smart contracts, bridges, oracles, and governance—is draining billions and setting new hack records across the crypto sector.
Ostium confirmed the total losses from its perpetual DEX exploit reached $23.75 million, caused by the injection of false oracle prices that unlocked trader positions. The platform issued an incident update stating it is cooperating with multiple investigative parties and will provide 24 hours notice before resuming trading. The exploit originated from oracle price data compromise, while Ostium stated traders' collateral and positions were separately unaffected.
3 sources
- Ostium Releases Update on Incident: Price Data Compromised, Traders’ Collateral and Positions Unaffected · lookonchain.com · T2
- Inside the Ostium Exploit: How False Prices Unlocked a $23.75M Heist · blockonomi.com · T2
- Ostium Issues Attack Incident Update: Cooperating with Multiple Parties in Investigation, Will Notify 24 Hours Before Restart · panewslab.com · T2