Ostium trading platform announced it will relaunch on July 23, resuming trading in phases.

According to Ostium's official tweet, the on-chain trading platform Ostium announced that trading will resume at 10:00 AM ET on July 23. Upon restart, all open positions and pending orders will remain unchanged and will be marked-to-market based on the real-time market price at the time of restart; if positions hit the liquidation price at restart, they will be automatically liquidated; take-profit, stop-loss, and limit orders will also be executed at the real-time price upon restart. Trading resumption will be conducted in phases, first enabling protective operations such as closing positions, adding margin, and modifying/canceling orders, followed by enabling the function to open new positions. 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 subsequently.