Ostium trading remains suspended, user margins are frozen

Odaily Odaily reports that perpetual contract DEX Ostium stated that platform trading remains suspended following a security incident. User positions remain open but cannot be modified temporarily, and trading margins are still stored in the frozen trading smart contract without any movement.

Ostium stated that the team is continuously coordinating with relevant authorities, SEAL 911, and multiple security researchers. Updates regarding the resumption of smart contract activities and the timeline for fund recovery will be released later.

According to PeckShield's monitoring, approximately 24 million USDC from Ostium's public OLP vault was stolen. The attacker subsequently exchanged the funds for about 12,100 ETH, of which roughly 10,500 ETH has been transferred to Tornado Cash.