The Mantra RWA protocol team reported an unspecified incident and preemptively suspended the network’s operation. The project did not disclose the cause of the failure or the expected recovery time. In a statement, the developers said that earlier that day they had detected an attacker exploiting a vulnerability in a higher‑level dependency of the blockchain and had halted the network as a precautionary measure.

Transactions, public endpoints, and bridging operations have been frozen. Assets cannot be moved across the network. The affected exchanges have begun suspending deposits and withdrawals. Developers are continuing to assess the impact of the incident on the ecosystem and are preparing a protocol update to restart the network. According to them, the release will not be activated until a full security review is completed and the necessary level of validator coordination is achieved.

According to CoinGecko, the MANTRA token has set a new historical low amid the outage, at $0.004126. At the time of writing, the asset has recovered to $0.00448 – the drawdown over the past 24 hours amounted to about 10%. The price is down by approximately 83% compared to the maximum of $0.02627 recorded by MANTRA in early March. The project’s previous native token, OM, plummeted by more than 90% in April 2025, losing approximately $5.5 billion in market capitalization.

The total market supply of MANTRA is about $24.8 million. The TVL of the project’s ecosystem has dropped to $539,822 – at its peak before the OM collapse, it reached $4.5 million. Let us recall that in January, the project announced a restructuring that included laying off an unspecified number of employees. The situation with Mantra demonstrates the ongoing risks in the RWA protocol segment, where issues of security and infrastructure stability remain critically important for the trust of investors and users.