Histoire crypto

Mango Markets oracle manipulation

Mango Markets was manipulated in 2022 through trading that raised collateral value before assets were borrowed.

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Mango Markets was manipulated in 2022 through trading that raised collateral value before assets were borrowed.

A valid market update became economically unsafe because liquidity was too thin for the credit it supported.

Reconstruct trades, oracle inputs, collateral and borrowing in block order.

Structure de marché

Controlled or transferable tokens are excluded from advertised circulation.

DeFi et gouvernance

Price source, update conditions and failure handling belong in the same review.

Structure de marché

An administrator or small signer set can replace the price that drives credit and liquidation.

Structure de marché

A correctly signed price can be too old for the market being settled.