Cut Through CryptoBetaSubscribe
DeFi exploit wave 2026Latest of 24
Ostium Relaunches After $24M Exploit

Ostium DEX Reopens Trading After $23.8 Million Oracle Exploit

Perp DEXJul 23, 2026

A relentless wave of DeFi exploits—spanning smart contracts, bridges, oracles, and MEV bots—is draining hundreds of millions and pushing 2026 toward record hack losses.

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.

2 sources