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Hack history / 2022 / Hack or exploit

UXD Protocol

Hack or exploit on Oct 12, 2022 · Affected by the Mango attack

ONE SOURCE · 1 SOURCE
Lost
$20M
dollars at the time
Returned
none listed
as the sources state it
Rank
#211
among thefts by dollars lost

What happened

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.”

Details

Date
Oct 12, 2022
Kind
Hack or exploit
Method
Affected by the Mango attack
How in
Smart contract bug
Target
not stated
Chains
Solana

After the theft

Victims reimbursed
yes, amount not stated
“UXD Protocol stated: “Our insurance fund is sufficient to cover losses.” (SlowMist Hacked)

Reported by

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Tulip Protocol 2022 · Hack or exploit · $2.5M
Cite this pageSwanBluechip, "UXD Protocol hack, Oct 12, 2022: $20M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htff81948bf1/ (data as of 2026-10-31).
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