Protocol

Mantra Chain

Layer-1 blockchain focused on real-world-asset tokenisation. Its native OM token crashed approximately 90% within hours on 13 April 2025; team attributed the move to forced liquidations on offshore venues.

Records: 1
Cumulative losses: $5.50B

Records featuring Mantra Chain

victim·April 13, 2025resolved
Mantra OM Token Crash — April 2025
The OM token, native asset of the Mantra Chain, lost approximately 90 percent of its market value over the course of a few hours on 13 April 2025. The team attributed the collapse to forced liquidations on offshore venues; on-chain analysts identified pre-event token movements from team-associated addresses.
$5.50B affected

Records featuring Mantra Chain

Mantra OM Token Crash — April 2025