MANTRA Chain halts operations amid investigation of unspecified incident
Infrastructure
MANTRA Chain, a Layer-1 blockchain specifically designed for tokenizing real-world assets, has suspended all network operations as of August 21, 2026. The protocol halted all public endpoints, validators, bridge operations, and transactions to investigate an undisclosed incident. This total network shutdown is unprecedented for the project, which previously maintained uptime during a 90% token crash in April 2025. The suspension occurred only three days after the deployment of the MANTRA Zone EVM interface upgrade, raising questions about a potential technical connection. The incident creates significant liquidity risks for $MANTRA token holders, who are currently unable to move or trade their assets on-chain. This operational crisis arrives during a critical corporate transition, as Inveniam Capital Partners is currently in the process of acquiring the project. Given MANTRA Chain's operation under UAE regulatory oversight, the transparency and speed of the team's response may carry significant legal and compliance implications. The market is currently awaiting further updates regarding the nature of the failure and the timeline for network restoration.
Key points
- ▸MANTRA Chain suspended all network operations and transactions on August 21, 2026.
- ▸The halt occurred three days after the MANTRA Zone EVM interface upgrade deployment.
- ▸Inveniam Capital Partners is currently in the process of acquiring MANTRA Chain.
- ▸All on-chain $MANTRA token movements and bridge operations are currently frozen.
Background
MANTRA Chain is a Layer-1 blockchain built to facilitate the tokenization of real-world assets within a regulated framework. It utilizes a native gas token, $MANTRA, and operates under UAE regulatory guidelines to provide a compliant environment for institutional and retail asset tokenization.
Relevance
6/10