Several sources claim that Mango Markets, a trading and lending platform based in Solana, was compromised and that a bad actor was able to steal $117 million from the protocol. The attacker was able to borrow $117 million using the compromised collateral thanks to price manipulation of the project's native token, mango (MNGO), according to an investigation of the hack by Certik.

Mango Markets Hacked for $117 Million; Attack Vector Summarized by Blockchain Security Firm Tuesday saw a $117 million hack of the Mango Markets platform in Solana. The team tweeted about the problem on October 11 at 7:36 p.m. (ET). According to the Mango Market's Twitter account, "We are now looking into an incident where a hacker was able to drain funds from Mango via an oracle price manipulation."