咒語令牌（OM）在周日的一個小時內下降了90％以上，從近6美元跌至0.4美元以下，並消除了數十億美元的市場價值。

Mantra聯合創始人約翰·帕特里克·穆林（John Patrick Mullin）在X上說：“墜機的時機和深度表明，未經足夠警告或通知的情況下，突然關閉了帳戶頭寸。”

Mantra token (OM) plummeted over 90% within an hour on Sunday, crashing from nearly $6 to below $0.4 and wiping out billions in market value.

咒語令牌（OM）在周日的一個小時內下降了90％以上，從近6美元跌至0.4美元以下，並消除了數十億美元的市場價值。

The timing and depth of the crash suggest that a very sudden closure of account positions was initiated without sufficient warning or notice, Mantra co-founder John Patrick Mullin said on X.

咒語聯合創始人約翰·帕特里克·穆林（John Patrick Mullin）在X上說，墜機的時機和深度表明，在沒有足夠的警告或通知的情況下開始了非常突然的帳戶頭寸關閉。

"To be clear, positions were closed without any margin calls or notice, which seems odd. It wasn't a liquidation or bankruptcy scenario as far as I'm aware of," Mullin stated.

穆林說：“要明確，在沒有任何保證金電話或通知的情況下關閉了職位，這似乎很奇怪。據我所知，這不是清算或破產情況。”

He hinted that exchange actions triggered the cascade.

他暗示交換行動引發了級聯。

In a separate official message, the project claimed that the crash was "triggered by reckless liquidations."

在另一條官方信息中，該項目聲稱墜機是“魯ck的清算觸發的”。

The crash represents one of the steepest single-day declines in crypto this year, spurring concerns over both centralized exchange practices and the stability of RWA (real-world asset) tokens.

這次墜機是今年加密貨幣中最急劇下降的急劇下降之一，引發了人們對集中式交換做法和RWA（現實世界資產）代幣的穩定性的擔憂。

Mantra is a Layer 1 blockchain built for tokenizing real-world assets with regulatory compliance baked in. Powered by the Cosmos SDK, it supports IBC and CosmWasm, making it interoperable and smart contract-ready across multiple chains, according to its website.

Mantra是一個用於將現實世界中的資產製成的1層區塊鏈，並通過Cosmos SDK提供支持，它支持IBC和COSMWASM，使其跨多個鏈條互互操作和智能合同，使其互相合同。

The token appears to have plummeted during low-liquidity hours to as low as $0.37, before posting a mild recovery to around $0.8, data from CoinGecko shows. Even so, it's still down more than 90% from its February peak of $8.99.

Coingecko的數據顯示，該令牌似乎在低流動性的時間內暴跌至低至0.37美元，然後將其輕度恢復到0.8美元左右。即便如此，它仍然比2月峰值8.99美元下降了90％以上。

Arkham Intelligence data indicates Mantra DAO burned roughly 21 million OM tokens over separate transactions on April 2.

Arkham Intelligence數據表明，Mantra Dao於4月2日在單獨的交易中燒毀了大約2100萬個OM令牌。

Rug pull or forced liquidation?

地毯拉或強迫清算？

The Mantra team has flatly denied public allegations of a "rug pull" or an insider token dump. Their allocation remains locked and verifiable on-chain, the team said.

咒語團隊完全否認了公眾指控“地毯拉”或內幕令牌垃圾場。團隊說，他們的分配仍然被鎖定和可驗證的鏈。

"There was no rugpull. Our token allocation is locked and remains on-chain for anyone to verify. We are fully committed to seeing Mantra succeed," the team stated on X.

該團隊在X上說：“沒有皺紋。我們的令牌分配已被鎖定，並且仍然可以驗證任何人。我們完全致力於看到Mantra成功。”

Meanwhile, forced liquidations occur when leveraged trading positions fall below maintenance requirements. This triggers an automatic selling action that can accelerate price declines.

同時，當槓桿交易頭寸低於維護要求時，強迫清算發生。這觸發了一種自動銷售行動，可以加速價格下降。

For Mantra, a key player in the RWA tokenization sector, the incident threatens its partnerships with organizations like Google Cloud and Dubai's DAMAC Group.

對於RWA令牌化領域的主要參與者Mantra而言，該事件威脅到與Google Cloud和Dubai's Damac Group等組織的合作夥伴關係。

"Incidents like this test investor confidence and raise a critical question about how to ensure tokenized assets can be made safer for mainstream adoption," Hank Huang, CEO of Kronos Research told Decrypt.

Kronos Research的首席執行官Hank Huang告訴Decrypt：“像這樣的事件測試投資者的信心，並提出了一個關鍵問題，即如何確保令牌化資產可以使主流採用更安全。”

Huang said that the alleged hack signaled that the RWA sector is "still in its infancy, with much work needed to build truly resilient infrastructure," as the "mounting pressure" to establish compliance, security, and transparency in the sector continues.

黃說，所謂的駭客表明，RWA部門“仍處於起步階段，需要大量工作來建立真正的彈性基礎設施”，因為“增加的壓力”以建立該部門的合規性，安全性和透明度。

Analysts from Tiger Research declined to comment on the issue pending further details from a media event that it told Decrypt was scheduled this afternoon, Asia hours.

來自老虎研究的分析師拒絕對這個問題發表評論，等待媒體事件的更多細節，該活動告訴《解密》定於今天下午，亞洲小時。

Still, the Mantra team now faces a significant challenge rebuilding investor trust.

儘管如此，咒語團隊現在面臨重建投資者信任的重大挑戰。

"When discretionary powers are exercised without due internal and external oversight, dislocations like what recently happened can and will occur, hurting both projects and investors alike," Mullin argued.

穆林認為：“當行使不適當的內部和外部監督的情況下行使酌處權時，像最近發生的事情一樣，可能會並且將會發生任何事情，從而傷害項目和投資者。”

The project did not immediately respond to Decrypt's request for comment.

該項目沒有立即回應解密的置評請求。