According to Ostium’s official Twitter post, the on-chain trading platform Ostium has announced that trading will resume on July 23 at 10:00 AM Eastern Time. Upon restart, all open positions and pending orders will remain unchanged and will be repriced based on the real-time market price at restart; positions that breach the liquidation threshold at the restart price will be automatically liquidated; take-profit, stop-loss, and limit orders will also be executed at the real-time price upon restart. Trading restoration will occur in phases: protective actions such as closing positions, adding margin, and modifying or canceling orders will be enabled first, followed by the reopening of new position opening. Regarding liquidity provision, new OLP deposits are paused; existing LP withdrawals will be processed in the next settlement cycle, and details of the capital recovery plan will be announced later.
Ostium Exchange Announces Restart on July 23 with Phased Trading Resumption
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Summary
Ostium Exchange announced on July 22 that trading will resume at 10:00 AM EDT on July 23. All open positions and pending orders will remain active and be repriced based on real-time market data. Liquidation thresholds will trigger automatic closures, and stop-loss, take-profit, and limit orders will execute based on the restart prices. Trading activity will resume in phases, beginning with position closures, margin adjustments, and order modifications before new trades are permitted. New LP deposits are paused, while existing withdrawals will be processed in the next settlement cycle. Further updates on capital recovery plans are expected. Trading volume will be closely monitored as the platform reopens.
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