Inside the Ostium Exploit: How False Prices Unlocked a $23.75M Heist

Compromised oracle credentials let false market prices pass Ostium’s verifier as legitimate reports. Eight payouts to one wallet helped confirm the final loss of 23,752,746 USDC from the protocol’s OLP vault. Trader collateral stayed isolated, but open positions remain frozen until a secure relaunch is ready. Most stolen USDC became 12,084 ETH before entering Tornado [...]

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