News/Tulip Protocol Affected by about $2.5 Million in Mango Attack

Tulip Protocol Affected by about $2.5 Million in Mango Attack

Oct 12,2022,14:17

Solana ecosystem yield aggregator Tulip said its exposure in Mango Market is limited to portions of its USDC/RAY strategy vaults for 2,465,841.497167 $USDC & 66,721.925355 $RAY. Withdrawals on strategy vaults have been disabled for the time being. Tulip Protocol said the team has enough funding to backstop the losses if necessary.

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