Hack history / 2022 / Hack or exploit
Mango Markets V3
Hack or exploit on Oct 11, 2022 · Spot Price Manipulation
SOURCES AGREE ON DATE AND LOSS · 4 SOURCES
Lost
$115M
sources: $100M to $116.8M
Returned
$67M
58% of the loss, as a source states it
Rank
#52
among thefts by dollars lost
What happened
Attacker used $5M initial capital to take a MANGO-PERP position and pumped spot price via large purchases on another account, creating artificial collateral worth $423M to borrow $110-116M. Protocol relied on liquidity-sensitive price feeds vulnerable to large single-account manipulation.
Details
- Date
- Oct 11, 2022
- Kind
- Hack or exploit
- Method
- Spot Price Manipulation
- How in
- Price, oracle and governance
- Target
- DeFi protocol
- Chains
- Solana
- Audit (rekt.news)
- out of scope
After the theft
- Recovered or frozen
- $67M
“$116.8M taken, $49.8M after recovery or freezing” (Web3 Is Going Great)
Related incidents
Myriad Markets 2026 · Hack or exploit · undisclosed
More Markets exploited for $9.3 million 2026 · Hack or exploit · $9.3M
Rho Markets 2024 · Hack or exploit · $7.6M
Memecoin team accused of hacking influencer Twitter account to manipulate markets 2024 · Costly mistake or other · $30K
Rho Markets 2024 · Hack or exploit · undisclosed
More Markets exploited for $9.3 million 2026 · Hack or exploit · $9.3M
Rho Markets 2024 · Hack or exploit · $7.6M
Memecoin team accused of hacking influencer Twitter account to manipulate markets 2024 · Costly mistake or other · $30K
Rho Markets 2024 · Hack or exploit · undisclosed
Cite this page
SwanBluechip, "Mango Markets V3 hack, Oct 11, 2022: $115M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht3b643072b9/ (data as of 2026-10-31).