The MANTRA Chain, a Layer 1 blockchain focused on tokenizing real-world assets, has frozen all endpoints and transactions as a precautionary measure while it investigates an unspecified incident. The team announced on X: 'We're aware of an incident affecting MANTRA Chain and have halted the chain as a precaution while we investigate. All endpoints and transactions are currently frozen.'
The halt is directly impacting deposits and withdrawals, and the project has advised users to refrain from making transactions until further information is released. MANTRA's official status page notes that its engineering and security teams are working with external partners and have notified exchange and ecosystem partners to pause transactions for its native token until the issue is resolved. No root cause or timeline for resolution has been identified.
The native MANTRA token fell 9.9% over 24 hours to $0.004406 amid the disruption. The incident follows a turbulent period for the project: MANTRA raised $11 million in funding and launched a $108.8 million ecosystem fund, but its token suffered a major collapse in 2025, leading to restructuring and layoffs. In June, MANTRA announced that strategic backer Inveniam Capital Partners will acquire the platform, with the deal expected to close in the third quarter of 2026. Traders and community members are now watching for investigation findings and any timeline for restoring operations.
