MAYAChain exploit moved $1.36 million off-chain and led to nearly $11 million in pool damage
MAYAChain suffered an exploit that enabled ~$1.36M in hard-asset outflows, including ~20.83 BTC, while distorted pool accounting and CACAO repricing drove an estimated ~$11M network-wide liquidity impact. The incident highlights smart-contract/accounting risk in cross-chain liquidity designs and raises uncertainty around restart timing, patch deployment, and compensation terms for liquidity providers, likely weighing on near-term risk appetite across DeFi.
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An attacker moved about $1.36 million in hard assets from MAYAChain to external chains, including roughly 20.83 BTC. The broader impact across the network’s liquidity pools was estimated at close to $11 million after false accounting created a large CACAO balance that became withdrawable. The attacker gained about 99.93% ownership of a pool with minimal liquidity and withdrew roughly 48.87 million CACAO, while CACAO fell from about $0.115 to $0.013, an 88.7% drop.