Incident Overview
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.”
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.