咒语令牌（OM）在周日的一个小时内下降了90％以上，从近6美元跌至0.4美元以下，并消除了数十亿美元的市场价值。

Mantra联合创始人约翰·帕特里克·穆林（John Patrick Mullin）在X上说：“坠机的时机和深度表明，未经足够警告或通知的情况下，突然关闭了帐户头寸。”

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.

咒语令牌（OM）在周日的一个小时内下降了90％以上，从近6美元跌至0.4美元以下，并消除了数十亿美元的市场价值。

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.

咒语联合创始人约翰·帕特里克·穆林（John Patrick Mullin）在X上说，坠机的时机和深度表明，在没有足够的警告或通知的情况下开始了非常突然的帐户头寸关闭。

"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.

穆林说：“要明确，在没有任何保证金电话或通知的情况下关闭了职位，这似乎很奇怪。据我所知，这不是清算或破产情况。”

He hinted that exchange actions triggered the cascade.

他暗示交换行动引发了级联。

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

在另一条官方信息中，该项目声称坠机是“鲁ck的清算触发的”。

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.

这次坠机是今年加密货币中最急剧下降的急剧下降之一，引发了人们对集中式交换做法和RWA（现实世界资产）代币的稳定性的担忧。

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是一个用于将现实世界中的资产制成的1层区块链，并通过Cosmos SDK提供支持，它支持IBC和COSMWASM，使其跨多个链条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的数据显示，该令牌似乎在低流动性的时间内暴跌至低至0.37美元，然后将其轻度恢复到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数据表明，Mantra Dao于4月2日在单独的交易中烧毁了大约2100万个OM令牌。

Rug pull or forced liquidation?

地毯拉或强迫清算？

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.

咒语团队完全否认了公众指控“地毯拉”或内幕令牌垃圾场。团队说，他们的分配仍然被锁定和可验证的链。

"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.

该团队在X上说：“没有皱纹。我们的令牌分配已被锁定，并且仍然可以验证任何人。我们完全致力于看到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.

同时，当杠杆交易头寸低于维护要求时，强迫清算发生。这触发了一种自动销售行动，可以加速价格下降。

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.

对于RWA令牌化领域的主要参与者Mantra而言，该事件威胁到与Google Cloud和Dubai's Damac Group等组织的合作伙伴关系。

"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的首席执行官Hank Huang告诉Decrypt：“像这样的事件测试投资者的信心，并提出了一个关键问题，即如何确保令牌化资产可以使主流采用更安全。”

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.

黄说，所谓的骇客表明，RWA部门“仍处于起步阶段，需要大量工作来建立真正的弹性基础设施”，因为“增加的压力”以建立该部门的合规性，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.

来自老虎研究的分析师拒绝对这个问题发表评论，等待媒体事件的更多细节，该活动告诉《解密》定于今天下午，亚洲小时。

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

尽管如此，咒语团队现在面临重建投资者信任的重大挑战。

"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.

穆林认为：“当行使不适当的内部和外部监督的情况下行使酌处权时，像最近发生的事情一样，可能会并且将会发生任何事情，从而伤害项目和投资者。”

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

该项目没有立即回应解密的置评请求。