- MANTRA Chain halted its network after an attacker exploited a software vulnerability.
- The incident froze transactions, deposits, withdrawals and bridge operations.
- MANTRA’s token fell to a record low before partially recovering.
MANTRA Chain halted its blockchain after an attacker exploited a vulnerability in an upstream software dependency, freezing transactions, deposits and withdrawals as developers investigate the incident.
The Layer 1 blockchain built for real-world asset (RWA) tokenization, stopped producing blocks at around 11:13 p.m. UTC Thursday. The incident also affected public endpoints and bridge operations.
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The network shutdown sent MANTRA’s native token to a record low of $0.004126 before it partially recovered. The token was trading at about $0.004442 at the time of writing.
Validators Offline After Software Exploit
MANTRA confirmed the halt in an X post on August 21, saying it had taken the chain offline as a precaution while investigating an incident. All endpoints and transactions were frozen, temporarily affecting deposits and withdrawals on connected exchanges.
An update on MANTRA’s status page said the attacker exploited a vulnerability in an “upstream dependency” — software used by the blockchain but developed outside the network itself.
MANTRA said it had identified the issue and was preparing a patched release.
Validators, the network operators responsible for processing and verifying transactions, remain offline while developers test the fix. Restarting the blockchain will require coordination across the validator set.
The outage has also affected MANTRA’s public endpoints and bridge operations, which connect the network with other blockchains.
MANTRA has not disclosed which software was exploited, how the attack was carried out or whether any assets were stolen.
MANTRA Token Price Falls
The network halt triggered renewed selling pressure on MANTRA’s token, which fell 18.6% from its 24-hour high to reach $0.004126 before recovering part of the decline.
The token remains more than 83% below its March 2026 record high of $0.02627, based on the price figures cited above.
The latest sell-off comes more than a year after MANTRA’s token suffered a much larger market shock in April 2025, when its value fell more than 90% within hours.
MANTRA attributed that earlier collapse to forced liquidations of large leveraged positions and rejected allegations that an insider sale had caused the decline.
MANTRA has positioned itself as a blockchain focused on the tokenization of real-world assets, or RWAs, and has pursued partnerships aimed at institutional adoption.
Why This Matters
Network-wide halts at RWA-focused chains raise resilience questions as institutional capital flows into tokenized real-world assets. Repeated incidents at MANTRA could weigh on investor confidence across the broader RWA sector.
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