Protocol

Mango Markets

Solana-based decentralised exchange offering spot and perpetual trading on margin. Drained of $114 million in October 2022 through oracle price manipulation.

Records: 1
Cumulative losses: $114.0M

Records featuring Mango Markets

victim·October 11, 2022resolved
Mango Markets Oracle Manipulation — October 2022
A trader pumped the MNGO oracle on a thin Solana spot market, used the inflated collateral to borrow $114M from the protocol, then later argued in court that the manoeuvre constituted legitimate trading.
$114.0M affected

Records featuring Mango Markets

Mango Markets Oracle Manipulation — October 2022