In October of 2022 Mango Markets suffered a major exploit in which hacker gained over $100 million from the platform users

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In October of 2022 Mango Markets suffered a major exploit in which hacker gained over $100 million from the platform users

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12:00am, Saturday, October 1, 2022

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Mango Markets has struggled to recover after trader Avraham Eisenberg exploited the protocol in 2022.

What Happened to Mango Markets? In October 2022, a trader known as Avraham “Avi” Eisenberg exploited the lending protocol and manipulated the price of MNGO, draining over $100 million from the DEX platform.

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Challenges faced by Mango Markets

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