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{"actor":"system:backfill","investigation_id":"3f4154e9-e2fc-4b90-a627-87d228a0a2e4","kind":"publish","page_slug":"manta-network","published_at":"2026-05-14T04:35:39.863Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Manta Network","sections":[{"content":"Manta Network is a modular blockchain ecosystem developed by p0x Labs, a Singapore-based development firm co-founded in 2020 by Victor Ji, Kenny Li, and Shumo Chu. The ecosystem is structured around two chains: Manta Pacific, an Ethereum Layer 2 using the Optimism OP Stack with Celestia as its data availability layer, and Manta Atlantic, a Polkadot parachain focused on zero-knowledge (ZK) privacy applications. Manta Atlantic is scheduled for deprecation on August 1, 2026, when its Polkadot parachain slot expires, after which the project will consolidate entirely on Manta Pacific. The MANTA token serves as the native utility and governance token for both chains, with a total supply of 1 billion tokens and a 2% annual minting rate for staking rewards. Manta Pacific launched on mainnet in July 2023 and briefly achieved fourth-place ranking on L2Beat by TVL in January 2024 following its token generation event. The project transitioned from an optimistic rollup toward a ZK-rollup architecture using Polygon's Chain Development Kit (CDK).","heading":"Project Overview","severity":"low","sources":[{"credibility":2,"name":"Polychain-backed Manta launches Pacific Layer 2 on mainnet — The Block","type":"news_article","url":"https://www.theblock.co/post/250538/manta-pacific-mainnet"},{"credibility":2,"name":"Manta Pacific — L2BEAT","type":"research","url":"https://l2beat.com/scaling/projects/mantapacific"},{"credibility":2,"name":"What Is Manta Network? — CoinMarketCap Academy","type":"other","url":"https://coinmarketcap.com/academy/article/what-is-manta-network-the-modular-ecosystem-for-zk-applications"},{"credibility":2,"name":"Manta Network (🔱,🔱) on X — Manta Atlantic Deprecation announcement","type":"official","url":"https://x.com/MantaNetwork/status/2031641845995024845"}]},{"content":"Manta Network was founded in 2020 by Victor Ji, Kenny Li, and Shumo Chu under the parent entity p0x Labs. Victor Ji, CEO, holds a background from Harvard Kennedy School where he co-chaired the Blockchain and Cryptocurrency Club, and has prior experience in venture capital and infrastructure investment including early investments in Ontology, Zilliqa, and ARPA. Kenny Li, COO, holds an MBA from MIT Sloan, began mining Bitcoin in 2013, and has served as an advisor to the ZPrize zero-knowledge proof consortium. Shumo Chu has an academic background in cryptography and ZK research. No verified evidence of regulatory actions or criminal proceedings against any named founder has been identified as of the investigation date. The project operates the official Manta Network brand through p0x Labs.","heading":"Team and Organizational Background","severity":"low","sources":[{"credibility":1,"name":"Team behind crypto privacy protocol Manta Network is now valued at $500M — TechCrunch","type":"news_article","url":"https://techcrunch.com/2023/07/19/team-behind-crypto-privacy-protocol-manta-network-is-now-valued-at-500m/"},{"credibility":2,"name":"Manta Network — IQ.wiki","type":"other","url":"https://iq.wiki/wiki/manta-network"},{"credibility":2,"name":"Kenny Li — Co-Founder @ P0x Labs — Crunchbase","type":"other","url":"https://www.crunchbase.com/person/kenny-li-662c"}]},{"content":"p0x Labs raised a total of approximately $31.6 million across six funding rounds from 42 investors. The seed round in February 2021 raised $1.1 million led by Polychain Capital and included Hypersphere Ventures, Three Arrows Capital, DeFiance Capital, Multicoin Capital, and Alameda Research. A subsequent round raised $5.5 million. The Series A in July 2023 raised $25 million, co-led by Polychain Capital and Qiming Venture Partners, with additional participation from Alliance, CoinFund, and SevenX Ventures, valuing p0x Labs at $500 million. A notable concern is that two early seed investors — Three Arrows Capital (3AC) and Alameda Research — subsequently collapsed under fraud and mismanagement scandals. Three Arrows Capital filed for bankruptcy in July 2022. Alameda Research collapsed with FTX in November 2022, and its executives have faced criminal charges. These firms' involvement does not directly implicate Manta Network in wrongdoing, but their historical presence as early backers may have introduced distressed token holdings that were liquidated during their respective bankruptcies.","heading":"Funding and Investor Background","severity":"medium","sources":[{"credibility":1,"name":"Polychain Capital Co-Leads $25M Fundraise for Manta Network Developer — CoinDesk","type":"news_article","url":"https://www.coindesk.com/business/2023/07/19/polychain-capital-co-leads-25m-fundraise-for-manta-network-developer"},{"credibility":2,"name":"Dev Team p0x Labs Raises $25M for Zero-Knowledge Ecosystem Manta Network — Decrypt","type":"news_article","url":"https://decrypt.co/149128/zero-knowledge-ecosystem-manta-network-raises-25-million-from-polychain-qiming"},{"credibility":2,"name":"Polychain leads $1.1 million seed round in privacy DEX Manta Network — The Block","type":"news_article","url":"https://www.theblock.co/linked/93365/polychain-privacy-dex-manta-seed"},{"credibility":2,"name":"Manta Network Funding Rounds & Investors — CoinCarp","type":"other","url":"https://www.coincarp.com/currencies/mantanetwork/fundraising/"}]},{"content":"On January 18, 2024 — the same day as the MANTA token generation event and listings on Binance, Bithumb, and KuCoin — DeFi analyst Definalist raised allegations on X (formerly Twitter) of apparent insider token dumping on the Bithumb exchange. According to the allegations, 2 million MANTA tokens were transferred to the personal wallet of Manta Network's Korean Business Development (BD) representative. These tokens were then allegedly deposited into Bithumb's deposit wallet, accounting for over 75% of the exchange's total MANTA circulation volume at launch. Within five minutes of Bithumb listing, MANTA's price surged to approximately $230 — over 100 times its initial listing price of $2.26. The BD representative allegedly liquidated all 2 million MANTA tokens at inflated prices ranging 50 to 100 times the initial price. Proceeds were reportedly converted to approximately 2,094.7 ETH (approximately $5.16 million at the time) and transferred to the representative's personal wallet, according to cited Etherscan data. Manta Network issued a statement asserting that 'part of the Ecosystem/Community funds had been allocated to the Korean BD representative based on the project's token economic model,' framing the allocation as a legitimate regional market development expenditure. The project did not provide an on-chain breakdown of the token allocation terms. No formal regulatory action or legal proceeding related to this incident has been identified as of the investigation date. The allegations remain unresolved in the public record. Given that this involved alleged sale of allocated ecosystem tokens at a significant price premium immediately post-listing, the incident presents a material conflict-of-interest concern regardless of the ultimate legal characterization.","heading":"Alleged Insider Token Dumping at Bithumb Listing (January 2024)","severity":"high","sources":[{"credibility":2,"name":"Binance Launchpool's Manta Network Faces Money Laundering Accusations After Bithumb Debut — BeInCrypto","type":"news_article","url":"https://beincrypto.com/binance-launchpool-manta-network-money-laundering-bithumb/"},{"credibility":2,"name":"Manta Network Faces Allegations of Money Laundering Following Bithumb Listing — CryptoPotato","type":"news_article","url":"https://cryptopotato.com/manta-network-faces-allegations-of-money-laundering-following-bithumb-listing/"},{"credibility":2,"name":"Manta Network Addresses Money Laundering Concerns Amidst Controversy — BSC News","type":"news_article","url":"https://bsc.news/post/manta-network-addresses-money-laundering-concerns-amidst-controversy"},{"credibility":2,"name":"Manta Network Triggers Money Laundering Concerns In South Korea Amid Binance Listing — CoinGape","type":"news_article","url":"https://coingape.com/manta-network-sparks-money-laundering-concerns-in-south-korea-amid-binance-listing/"}]},{"content":"On January 18, 2024, coinciding with the MANTA token generation event and exchange listings, Manta Pacific's RPC nodes were struck by a distributed denial-of-service (DDoS) attack. The network received over 135 million fake RPC requests, causing significant slowdowns, longer transaction times, and elevated gas prices. The attack began at approximately 9:30 AM UTC. Manta Network responded by mitigating the attack and subsequently reimbursing users who paid gas fees above 0.001 ETH from 9:30 AM UTC on January 18 through 4:30 AM UTC on January 20, 2024. The attack was reported by multiple crypto news outlets and confirmed by the project's own Medium post. No funds were reported stolen as a result of the attack. CoinDesk and Cointelegraph covered the incident; Manta attributed the attack to malicious actors seeking to disrupt the token launch.","heading":"DDoS Attack at Token Generation Event (January 2024)","severity":"medium","sources":[{"credibility":1,"name":"Manta Network Hit by 'DDoS' Attack Amid Token Issuance — CoinDesk","type":"news_article","url":"https://www.coindesk.com/tech/2024/01/19/manta-network-hit-by-ddos-attack-day-after-token-issuance"},{"credibility":2,"name":"Manta Network experiences DDoS attack amid exchange listing — Cointelegraph","type":"news_article","url":"https://cointelegraph.com/news/manta-network-experiences-ddos-attack-amid-exchange-listing"},{"credibility":2,"name":"Gas Fee Reimbursement from Recent DDoS Attack — Manta Network Medium","type":"official","url":"https://mantanetwork.medium.com/gas-fee-reimbursement-from-recent-ddos-attack-726b552e72f6"},{"credibility":2,"name":"Manta Network harmed by DDoS attack during token issuance — Blockworks","type":"news_article","url":"https://blockworks.co/news/manta-network-harmed-by-ddos-attack-during-token-issuance"}]},{"content":"L2Beat classifies Manta Pacific as an Optimium — not a full Layer 2 — due to two structural deficiencies: the proof system is not fully functional, and there is no on-chain verification bridge for its Celestia data availability layer. Sequencer transaction roots are not checked against Blobstream bridge data roots on-chain, meaning users must trust the block proposer to submit correct L1 state roots. L2Beat flags three critical risks: (1) the fraud proof system is under development, requiring trust in the block proposer; (2) smart contract upgrades carry no time delay, meaning the MantaMultisig (a 5-of-7 multisig) can implement contract changes instantly without user exit windows; and (3) if the centralized sequencer goes offline, users cannot produce blocks themselves and exiting the system requires new block production. These risks are standard concerns for early-stage Layer 2 projects but represent meaningful custodial and censorship risks for users holding assets bridged onto Manta Pacific.","heading":"Centralization and Smart Contract Risk (L2Beat Assessment)","severity":"high","sources":[{"credibility":2,"name":"Manta Pacific — L2BEAT","type":"research","url":"https://l2beat.com/scaling/projects/mantapacific"}]},{"content":"MANTA launched on the open market on January 18, 2024 at approximately $2.24. The token reached an all-time high of approximately $4.05 on March 12, 2024. As of May 2026, MANTA trades at approximately $0.07, representing a decline of approximately 98% from its all-time high. The total token supply is 1 billion MANTA, with an additional 2% annual inflation via staking rewards. The initial circulating supply at TGE was 251 million tokens. Token unlock events have been a recurring concern for the community. In April 2024, approximately 21.67 million MANTA tokens valued at $44 million were scheduled to become available in a cliff unlock. The private round allocation (12.94% of supply) is subject to a 12-month cliff followed by 36-month linear vesting, meaning significant insider supply continues to enter circulation through 2027. The project loaned 7.5 million MANTA tokens to market maker Wintermute in August 2025 to support exchange liquidity. Co-founder Victor Ji publicly criticized market makers as 'blood-sucking parasites' who ignore fundamentals, a statement that created reputational dissonance given the concurrent Wintermute arrangement. TVL on Manta Pacific peaked at approximately $684 million in March 2024 before collapsing 95% to approximately $36 million by Q3 2024, largely attributed to the conclusion of the New Paradigm yield program.","heading":"Token Performance and Tokenomics Concerns","severity":"high","sources":[{"credibility":2,"name":"Manta Network Price: MANTA/USD Live Price Chart — CoinGecko","type":"other","url":"https://www.coingecko.com/en/coins/manta-network"},{"credibility":2,"name":"MANTA Token Unlock Today: Price Poised for Surge or Sell-Off? — CryptoRank","type":"news_article","url":"https://cryptorank.io/news/feed/2ec55-manta-token-unlock-today-price-poised-for-surge-or-sell-off"},{"credibility":2,"name":"Manta Network price braces for volatility as $44 million worth of MANTA is due to flood markets — FXStreet","type":"news_article","url":"https://www.fxstreet.com/cryptocurrencies/news/manta-network-price-braces-for-volatility-as-44-million-worth-of-manta-is-due-to-flood-markets-202404180200"},{"credibility":2,"name":"State of Manta Q3 2024 — Messari","type":"research","url":"https://messari.io/report/state-of-manta-q3-2024"},{"credibility":2,"name":"Manta Network Loans 7.5M MANTA Tokens to Wintermute for Liquidity — Manta Network Medium","type":"official","url":"https://mantanetwork.medium.com/manta-network-loans-7-5m-manta-tokens-to-wintermute-for-liquidity-4eec9288f38b"},{"credibility":3,"name":"Manta Lianchuang market makers commentary — Bitget News","type":"news_article","url":"https://www.bitget.com/news/detail/12560604629741"}]},{"content":"In April 2025, Kenny Li, co-founder of Manta Network, disclosed that he had been targeted in a sophisticated phishing attack attributed to North Korea's Lazarus Group. The attack involved a Zoom call in which deepfake video of known contacts was used in an attempt to have Li download malware. Li identified the attempt when audio was absent and a suspicious script download was prompted, and he aborted the session without downloading any files. No funds or credentials were reported compromised. The disclosure was made publicly on X and was covered by Cointelegraph, Decrypt, and Crypto News. The incident is consistent with a broader Lazarus Group campaign targeting crypto executives following the group's alleged involvement in the $1.4 billion Bybit hack in February 2025. While the attack was not successful, it indicates that Manta Network is a target of nation-state-level threat actors.","heading":"Security: Lazarus Group Phishing Attempt (April 2025)","severity":"medium","sources":[{"credibility":2,"name":"Manta Co-Founder 'Targeted' by Lazarus Group in Zoom Phishing Attempt — Decrypt","type":"news_article","url":"https://decrypt.co/315329/manta-co-founder-targeted-by-lazarus-group-in-zoom-phishing-attempt"},{"credibility":2,"name":"Manta founder details attempted Zoom hack by Lazarus that used very real 'legit faces' — Cointelegraph","type":"news_article","url":"https://cointelegraph.com/news/manta-exec-reveals-attempted-zoom-attack-by-lazarus-using-legit-faces"},{"credibility":2,"name":"Manta Network Co-Founder Targeted in Sophisticated Zoom Phishing Attack Using Deepfake Videos — Crypto News","type":"news_article","url":"https://cryptonews.com/news/manta-network-co-founder-targeted-in-sophisticated-zoom-phishing-attack-using-deepfake-videos/"}]},{"content":"Throughout 2023, Manta Network commissioned multiple security audits of its Manta Atlantic network components. Auditors included Veridise, Halborn, Secure3, and BlockApex. Veridise examined the blockchain network and ZK circuits (Manta-ZK Lib) and reported no critical or high-severity issues. Secure3 audited the Manta Atlantic frontend components and found no critical or high-severity issues. Both Halborn and Veridise audited the zkSBT services without detecting critical or high-severity findings. No specific audit disclosures for Manta Pacific's OP Stack smart contracts or the Celestia data availability integration have been identified in publicly available sources as of the investigation date. The absence of publicly confirmed audits covering Manta Pacific's full contract stack is a gap in the available security transparency record.","heading":"Security Audits","severity":"medium","sources":[{"credibility":2,"name":"Manta Atlantic Audits Completed — Manta Network Medium","type":"official","url":"https://mantanetwork.medium.com/manta-atlantic-audits-completed-590def2ab1c5"},{"credibility":2,"name":"Manta Network Smart Contract Security Audit — BlockApex","type":"research","url":"https://blockapex.io/manta-network-smart-contract-audit/"}]},{"content":"In January 2025, Manta Network announced the planned deprecation of Manta Atlantic, its Polkadot parachain, effective August 1, 2026, when its parachain slot expires. The project cited high overhead costs of maintaining a parachain slot, limited ecosystem growth on the Polkadot side, and a strategic decision to consolidate resources on Manta Pacific. The project committed to providing a transition plan for staked Atlantic tokens and ensuring continuity for existing users. In mid-2025, Manta announced an 'all-in on apps' strategy via its Manta Labs incubator, targeting 3-5 consumer-facing applications to launch on Manta Pacific, BNB Chain, and Solana within a year. This pivot from a privacy-first ZK infrastructure narrative to a general consumer app incubator represents a significant strategy shift that may affect the project's differentiation and long-term positioning.","heading":"Manta Atlantic Deprecation and Strategic Pivot","severity":"medium","sources":[{"credibility":2,"name":"Manta Network on X — Manta Atlantic Deprecation","type":"official","url":"https://x.com/MantaNetwork/status/1882774120288669996"},{"credibility":2,"name":"State Of Manta Q1 2025 — Messari","type":"research","url":"https://messari.io/report/state-of-manta-q1-2025"}]}],"sources_used":[{"credibility":2,"name":"Polychain-backed Manta launches Pacific Layer 2 on mainnet — The Block","type":"news_article","url":"https://www.theblock.co/post/250538/manta-pacific-mainnet"},{"credibility":2,"name":"Manta Pacific — L2BEAT","type":"research","url":"https://l2beat.com/scaling/projects/mantapacific"},{"credibility":1,"name":"Polychain Capital Co-Leads $25M Fundraise for Manta Network Developer — CoinDesk","type":"news_article","url":"https://www.coindesk.com/business/2023/07/19/polychain-capital-co-leads-25m-fundraise-for-manta-network-developer"},{"credibility":1,"name":"Team behind crypto privacy protocol Manta Network is now valued at $500M — TechCrunch","type":"news_article","url":"https://techcrunch.com/2023/07/19/team-behind-crypto-privacy-protocol-manta-network-is-now-valued-at-500m/"},{"credibility":1,"name":"Manta Network Hit by 'DDoS' Attack Amid Token Issuance — CoinDesk","type":"news_article","url":"https://www.coindesk.com/tech/2024/01/19/manta-network-hit-by-ddos-attack-day-after-token-issuance"},{"credibility":2,"name":"Binance Launchpool's Manta Network Faces Money Laundering Accusations After Bithumb Debut — BeInCrypto","type":"news_article","url":"https://beincrypto.com/binance-launchpool-manta-network-money-laundering-bithumb/"},{"credibility":2,"name":"Manta Network Faces Allegations of Money Laundering Following Bithumb Listing — CryptoPotato","type":"news_article","url":"https://cryptopotato.com/manta-network-faces-allegations-of-money-laundering-following-bithumb-listing/"},{"credibility":2,"name":"Manta Network harmed by DDoS attack during token issuance — Blockworks","type":"news_article","url":"https://blockworks.co/news/manta-network-harmed-by-ddos-attack-during-token-issuance"},{"credibility":2,"name":"Manta Co-Founder 'Targeted' by Lazarus Group in Zoom Phishing Attempt — Decrypt","type":"news_article","url":"https://decrypt.co/315329/manta-co-founder-targeted-by-lazarus-group-in-zoom-phishing-attempt"},{"credibility":2,"name":"Manta founder details attempted Zoom hack by Lazarus that used very real 'legit faces' — Cointelegraph","type":"news_article","url":"https://cointelegraph.com/news/manta-exec-reveals-attempted-zoom-attack-by-lazarus-using-legit-faces"},{"credibility":2,"name":"Manta Atlantic Audits Completed — Manta Network Medium","type":"official","url":"https://mantanetwork.medium.com/manta-atlantic-audits-completed-590def2ab1c5"},{"credibility":2,"name":"Gas Fee Reimbursement from Recent DDoS Attack — Manta Network Medium","type":"official","url":"https://mantanetwork.medium.com/gas-fee-reimbursement-from-recent-ddos-attack-726b552e72f6"},{"credibility":2,"name":"State of Manta Q3 2024 — Messari","type":"research","url":"https://messari.io/report/state-of-manta-q3-2024"},{"credibility":2,"name":"State Of Manta Q1 2025 — Messari","type":"research","url":"https://messari.io/report/state-of-manta-q1-2025"},{"credibility":2,"name":"Manta Network price braces for volatility as $44 million worth of MANTA is due to flood markets — FXStreet","type":"news_article","url":"https://www.fxstreet.com/cryptocurrencies/news/manta-network-price-braces-for-volatility-as-44-million-worth-of-manta-is-due-to-flood-markets-202404180200"},{"credibility":2,"name":"Manta Network Loans 7.5M MANTA Tokens to Wintermute for Liquidity — Manta Network Medium","type":"official","url":"https://mantanetwork.medium.com/manta-network-loans-7-5m-manta-tokens-to-wintermute-for-liquidity-4eec9288f38b"},{"credibility":2,"name":"Manta Network on X — Manta Atlantic Deprecation","type":"official","url":"https://x.com/MantaNetwork/status/1882774120288669996"},{"credibility":2,"name":"Dev Team p0x Labs Raises $25M for Zero-Knowledge Ecosystem Manta Network — Decrypt","type":"news_article","url":"https://decrypt.co/149128/zero-knowledge-ecosystem-manta-network-raises-25-million-from-polychain-qiming"},{"credibility":2,"name":"Manta Network price today, MANTA to USD — CoinMarketCap","type":"other","url":"https://coinmarketcap.com/currencies/manta-network/"},{"credibility":2,"name":"Manta Network Price: MANTA/USD Live Price Chart — CoinGecko","type":"other","url":"https://www.coingecko.com/en/coins/manta-network"},{"credibility":2,"name":"Manta Network (MANTA) Tokenomics — Tokenomist","type":"research","url":"https://tokenomist.ai/manta-network"},{"credibility":2,"name":"Manta Network developer p0x labs raises $25 million, launches Layer 2 for ZK apps — The Block","type":"news_article","url":"https://www.theblock.co/post/240481/manta-network-p0x-labs-raises-25-million-layer-2-zk-apps"}],"summary":"Manta Network is a dual-chain blockchain ecosystem developed by p0x Labs, consisting of Manta Pacific (an Ethereum Layer 2 optimium using OP Stack and Celestia for data availability) and Manta Atlantic (a Polkadot parachain, scheduled for deprecation in August 2026). The project raised $31.6 million across six funding rounds, including a $25 million Series A led by Polychain Capital valuing p0x Labs at $500 million. Material concerns include alleged insider token dumping at its Bithumb listing in January 2024, centralized sequencer and upgrade control flagged critical by L2Beat, a 98% token price decline from its all-time high, a 95% TVL collapse from peak, and exposure to failed investors Alameda Research and Three Arrows Capital.","timeline":[{"date":"2020-01-01","event":"Manta Network founded by Victor Ji, Kenny Li, and Shumo Chu under p0x Labs.","source":"IQ.wiki / Crunchbase","source_url":"https://iq.wiki/wiki/manta-network"},{"date":"2021-02-01","event":"Seed round of $1.1 million led by Polychain Capital; investors include Three Arrows Capital and Alameda Research.","source":"The Block","source_url":"https://www.theblock.co/linked/93365/polychain-privacy-dex-manta-seed"},{"date":"2023-07-19","event":"p0x Labs raises $25 million Series A led by Polychain Capital and Qiming Venture Partners; p0x Labs valued at $500 million.","source":"CoinDesk / TechCrunch","source_url":"https://www.coindesk.com/business/2023/07/19/polychain-capital-co-leads-25m-fundraise-for-manta-network-developer"},{"date":"2023-09-01","event":"Manta Pacific mainnet launches as an Ethereum Layer 2 using the OP Stack.","source":"The Block","source_url":"https://www.theblock.co/post/250538/manta-pacific-mainnet"},{"date":"2024-01-05","event":"Manta Network announces first MANTA airdrop, distributing 5% of total supply to early adopters.","source":"CoinMarketCap","source_url":"https://coinmarketcap.com/academy/article/what-is-manta-network-the-modular-ecosystem-for-zk-applications"},{"date":"2024-01-16","event":"Manta Pacific ranks as the fourth-largest scaling solution by TVL on L2Beat, surpassing Base.","source":"CoinDesk","source_url":"https://www.coindesk.com/business/2024/01/16/manta-pacific-replaces-base-as-fourth-largest-scaling-solution-l2beat"},{"date":"2024-01-18","event":"MANTA token generation event and simultaneous listings on Binance, Bithumb, and KuCoin. Concurrent DDoS attack sends 135 million fake RPC requests; Bithumb listing triggers alleged insider token dumping allegations involving approximately $5.16 million in ETH proceeds.","source":"CoinDesk / CryptoPotato / Blockworks","source_url":"https://www.coindesk.com/tech/2024/01/19/manta-network-hit-by-ddos-attack-day-after-token-issuance"},{"date":"2024-03-12","event":"MANTA reaches all-time high of approximately $4.05. Manta Pacific TVL peaks at approximately $684 million.","source":"CoinGecko / Messari","source_url":"https://www.coingecko.com/en/coins/manta-network"},{"date":"2024-04-18","event":"Approximately 21.67 million MANTA tokens (~$44 million) unlock in a cliff event, adding significant supply pressure.","source":"FXStreet","source_url":"https://www.fxstreet.com/cryptocurrencies/news/manta-network-price-braces-for-volatility-as-44-million-worth-of-manta-is-due-to-flood-markets-202404180200"},{"date":"2024-09-30","event":"Manta Pacific TVL falls 95% from peak to approximately $36 million, following conclusion of the New Paradigm yield program.","source":"Messari — State of Manta Q3 2024","source_url":"https://messari.io/report/state-of-manta-q3-2024"},{"date":"2025-01-01","event":"Manta Network announces deprecation of Manta Atlantic, scheduled for August 1, 2026 upon expiration of Polkadot parachain slot.","source":"Manta Network on X","source_url":"https://x.com/MantaNetwork/status/1882774120288669996"},{"date":"2025-04-17","event":"Co-founder Kenny Li discloses he was targeted in a Zoom deepfake phishing attack attributed to North Korea's Lazarus Group; no compromise reported.","source":"Decrypt / Cointelegraph","source_url":"https://decrypt.co/315329/manta-co-founder-targeted-by-lazarus-group-in-zoom-phishing-attempt"},{"date":"2025-08-01","event":"Manta Network loans 7.5 million MANTA tokens to market maker Wintermute to support exchange liquidity.","source":"Manta Network Medium","source_url":"https://mantanetwork.medium.com/manta-network-loans-7-5m-manta-tokens-to-wintermute-for-liquidity-4eec9288f38b"},{"date":"2026-08-01","event":"Manta Atlantic scheduled for deprecation upon Polkadot parachain slot expiration.","source":"Manta Network on X","source_url":"https://x.com/MantaNetwork/status/2031641845995024845"}]},"v":1}