MANTRA Chain halts and freezes transactions after unidentified incident as token plunges

MANTRA Chain, a RWA-focused Layer 1 blockchain, halted network operations and froze endpoints and transactions as it investigated an unidentified incident. The freeze has disrupted deposits and withdrawals, and the team said it had not yet determined the root cause or provided a restart timeline ^{[1] [2] [3]}.

Market data showed MANTRA’s token falling sharply after the halt, with reports citing a plunge of about 10% to more than 18% to a record low. CoinDesk reported the chain stopped producing blocks and later said an attacker exploited a vulnerability in software used by the network ^{[4] [5] [6]}.

MANTRA Chain remains offline while investigators assess the incident that triggered a full transaction freeze, with no official timeline for restoration reported as of publication ^{[1] [2]}.