Ostium priced at 23% to launch a token by December 31, 2026
Ostium has suffered a significant loss of around $24 million due to an oracle exploit, with the protocol blaming an off-chain breach and ruling out a smart contract flaw. The team has announced that trader collateral was unaffected and a recovery plan for liquidity providers will be released. Despite this setback, the market currently prices the likelihood of Ostium launching a token by December 31, 2026, at 23%. The protocol is set to reopen trading, with positions to be marked to the live market price and new liquidity-provider deposits remaining paused during the recovery process.