Mango Markets was Solana's first serious perpetuals exchange. In October 2022, an attacker manipulated MNGO oracle prices to drain $117M from the treasury. A subsequent SEC settlement led to a community vote to wind down. The protocol shut down completely. Here is what happened and why it matters.
On April 1, 2026, Drift Protocol lost $285M in one of the most sophisticated DeFi exploits on record. It has since rebranded to Velocity DEX, backed by a $127.5M Tether credit line, and remains in beta months later. Here is exactly what happened, how it worked, and where things stand now.
BULK's Genesis Phase waives maker fees entirely for the first 30 days of mainnet. Every day you trade after this window closes, you're paying a fee you could be paying zero on right now.
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