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Ostium Halts Trading After an Oracle Attack Drains About $18 Million
An attacker reportedly manipulated Ostium’s registered price-reporting infrastructure with future-dated oracle data, making trades appear profitable and triggering an approximately $18 million USDC payment from its Arbitrum liquidity vault. CoinDesk reported the mechanism and onchain evidence; The Block reported that Ostium paused trading while funds were dispersed across wallets.
PriorityURGENT89.6
First detected5d ago
Last development5d ago
Event date2026-07-15
Sources (2)
Origin
- coindesk.comweb_articleindependentCoinDesk — Ostium suffers $18 million exploit as oracle attack wave continues to hit DeFi5d ago · open ↗
Confirmation
- theblock.coweb_articleindependentThe Block — Ostium pauses trading after apparent $18 million vault exploit5d ago · open ↗