Trading on Ostium reopens Thursday, July 23 at 10:00am ET.
Below covers what happens to open positions, how trading comes back online, and a recovery plan update for liquidity providers.
What happens to positions at reopen
Open positions and pending orders will carry over as they are. Traders do not need to do anything in advance.
When trading resumes, positions will be marked to the live market price at that moment. Only the live market price when trading resumes matters, not the price movements during the pause. A position will be liquidated only if it is below its liquidation level at that reopening price. Any take-profit, stop-loss, or limit order whose level has been reached at time of live market prices at 10:00 AM ET on July 23, 2026 will execute then. Traders have 24 hours before reopen to prepare to manage their positions.
How reopening will roll out
To help bring the protocol back safely, we will enable actions in stages. At reopen, protective and reduce-only actions will come first: closing positions, topping up collateral, updating/cancelling orders, automated take-profits, stop-losses, and liquidations.
Opening new positions follows shortly after, once pending orders have cleared. We will update when full trading is live.
For liquidity providers
New OLP deposits are paused. This is designed to ensure existing LPs who remain continue to earn a share of protocol revenue on a smaller capital base. Withdrawals will process at the next settlement.
We will provide additional details regarding the recovery in a follow-on post, including the structure and allocation of the capital commitment.
For your safety
Please remain vigilant and know we are not circulating any recovery forms, and will never ask for your private keys, seed phrase, or funds. There are currently illegitimate accounts attempting to impersonate the company and official team accounts.
We will post when trading is live. Trust only official Ostium channels. Updates will be posted here, on our Telegram announcements channel, and on the app.
I agree with this.
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Token up, applause. Token down, cries.
I personally tune out all the noise and just focus on key metrics and partnerships.
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Short term price action means nothing, seriously.
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Pre-registrations are live now!
Dates: July 22 (12:00 UTC) — July 28 (10:00 UTC)