July 15, 2026·Bearish·critical issue

Ostium Protocol Loses $1.08M in Oracle Manipulation Exploit

Ostium Protocol was exploited via an oracle manipulation attack, netting approximately $1.078 million. The attacker opened a long BTC position with $120k USDC after a manipulated oracle report priced BTC at $5k, then closed the position when a second report priced BTC at $60k, hitting the 900% profit cap.

Detected & updated continuously · Source: Nebula

Mentioned

@Ostium

Sources

@norbertbodziony

exploit TLDR 👇 - request 1x $BTC long with $120k USDC - signed oracle report prices BTC at $5k; position opens - request full close - second report prices BTC at $60k - hit 900% profit cap - extract ~$1.078M net from @Ostium vault - repeat