How Market Manipulation Led to a 0M Exploit on Solana DeFi Alternate Mango

How Market Manipulation Led to a $100M Exploit on Solana DeFi Alternate Mango

by Jeremy

All in all, the rogue dealer used over 10 million USDC to take out over $116 million from Mango, paying minimal charges for conducting the assault and doing every little thing throughout the parameters of how the platform was designed. Mango wasn’t hacked, it labored precisely as meant, and a savvy dealer, albeit with nefarious intentions, managed to wring token liquidity out.

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