Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.
The total amount of funds affected by the Solana ecological algorithm stablecoin protocol UXD Protocol in the Mango attack is $19,986,134.9037. UXD Protocol stated: “Our insurance fund is sufficient to cover losses. UXD is fully secured and will be redeemable by users once Mango Markets recovers from the exploit. The total insurance fund is $53,527,304.7757. UXD Protocol has suspended UXD minting for Risk minimization. Minting will be re-enabled once we confirm the issue with Mango Markets has been resolved.” Attack method (per SlowMist): Affected by the Mango attack. Reported loss: $ 20,000,000.
- chain
- solana
- protocol
- UXD Protocol
- bug_class
- unknown
- date_occurred
- 2022-10-12
- loss_usd
- $20,000,000
- source_id
- sm:uxd-protocol::2022-10-12