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Ostium Relaunches After $24M Exploit

Ostium DEX Reopens Trading After $23.8 Million Oracle Exploit

Unverified — auto-generated summary, not yet reviewedPerp DEXJul 23, 2026

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 announced it would reopen trading on July 23 following the $23.75–$23.8 million oracle manipulation exploit confirmed in prior periods, with a recovery plan for affected liquidity providers under development. Separate reporting clarified the exploit drained funds through Ostium directly and was not a hack of the Arbitrum bridge.

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