Mango Market is Back

in exchange •  2 years ago 

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Mango Market, https://app.mango.markets/
Market Audit Report

Mango Markets is a Solana-based platform for trading tokens, lending, and derivatives that is one of the fastest, most innovative, and beautifully managed decentralized derivative markets. While most L1 and L2 project teams focused only on NFTs and simple liquidity provider DEX in 2021 and 2022, Mango Market continued its innovative and fancy DEX development. The color and interface are much livelier, making traders and users feel comfortable.

This Solana blockchain-based decentralized exchange has announced two new features ahead of its version 4 rollout, with a focus on mitigating immediate security threats. Mango has been offline since it suffered an exploit in October that resulted in $114 million being siphoned out of the exchange after its pricing oracles were manipulated.

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In an attempt to avoid another attack, Mango will impose new limits on the multi-sig wallet, allowing developers to respond to unforeseen market dynamics and vulnerabilities in the program code.

Source: Mango Market, Coindesk

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