Ask about Mango Markets · freeMango Markets(MNGO)Deprecated protocol
Total Value Locked$14,771
TVL by Chain
Solana$14,771
Key Metrics
Cumulative Fees$366,247
Cumulative Fees by chain
Solana$383,370
Cumulative DEX Volume$1.592b
Cumulative DEX Volume by chain
Solana$1.592b
Cumulative Perp Volume$130.78m
Cumulative Perp Volume by chain
Solana$130.78m
Market Cap$36.69m
$MNGO Price$0.033
Fully Diluted Valuation$164.19m
$MNGO Volume 24h$392.50
CEX Volume$0
DEX Volume$389.16(99.15% of total)
Active Loans$7
Treasury$12,712
Majors$0
Stablecoins$0.45
Own Tokens$0
Others$12,712
Total Raised$70m
Aug 17, 2021$70mRound: ICO
Protocol Information
A magical new way to interact with DeFi. Groundbreaking safety features designed to keep your funds secure. The easiest way to margin trade any token pair. All powered by flashloans.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
DEX Volume: Volume of all spot token swaps on the DEX
Perp Volume: Notional volume of all trades including leverage on the perp exchange
Hacks
Date: Oct 11, 2022
Protocol: Mango Markets V3
Amount: $115m
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
Attacker used $5M initial capital to take a MANGO-PERP position and pumped spot price via large purchases on another account, creating artificial collateral worth $423M to borrow $110-116M. Protocol relied on liquidity-sensitive price feeds vulnerable to large single-account manipulation.
Chains: Solana
Language: Rust
Target Type: DeFi Protocol
Competitors
Mango Markets history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Mar 22, 2021 to Nov 8, 2026.
All-time high TVL: $211.47m on Nov 15, 2021. All-time low TVL: $9 on Mar 22, 2021.
Daily TVL, Oct 10, 2026 to Nov 8, 2026
| Date | TVL |
|---|---|
| Oct 10, 2026 | $14,800 |
| Oct 11, 2026 | $14,801 |
| Oct 12, 2026 | $14,803 |
| Oct 13, 2026 | $14,796 |
| Oct 14, 2026 | $14,799 |
| Oct 15, 2026 | $14,792 |
| Oct 16, 2026 | $14,792 |
| Oct 17, 2026 | $14,794 |
| Oct 18, 2026 | $14,792 |
| Oct 19, 2026 | $14,795 |
| Oct 20, 2026 | $14,794 |
| Oct 21, 2026 | $14,795 |
| Oct 22, 2026 | $14,793 |
| Oct 23, 2026 | $14,788 |
| Oct 24, 2026 | $14,787 |
| Oct 25, 2026 | $14,787 |
| Oct 26, 2026 | $14,787 |
| Oct 27, 2026 | $14,780 |
| Oct 28, 2026 | $14,782 |
| Oct 29, 2026 | $14,781 |
| Oct 30, 2026 | $14,768 |
| Oct 31, 2026 | $14,781 |
| Nov 1, 2026 | $14,782 |
| Nov 2, 2026 | $14,776 |
| Nov 3, 2026 | $14,774 |
| Nov 4, 2026 | $14,775 |
| Nov 5, 2026 | $14,782 |
| Nov 6, 2026 | $14,771 |
| Nov 7, 2026 | $14,772 |
| Nov 8, 2026 | $14,771 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $7.75m |
| Jan 31, 2025 | $4.09m |
| Feb 28, 2025 | $3.24m |
| Mar 31, 2025 | $2.97m |
| Apr 30, 2025 | $13,941 |
| May 31, 2025 | $13,953 |
| Jun 30, 2025 | $13,952 |
| Jul 31, 2025 | $13,995 |
| Aug 31, 2025 | $14,035 |
| Sep 30, 2025 | $14,039 |
| Oct 31, 2025 | $14,001 |
| Nov 30, 2025 | $13,926 |
| Dec 31, 2025 | $13,910 |
| Jan 31, 2026 | $13,898 |
| Feb 28, 2026 | $13,846 |
| Mar 31, 2026 | $13,844 |
| Apr 30, 2026 | $13,846 |
| May 31, 2026 | $13,843 |
| Jun 30, 2026 | $13,827 |
| Jul 31, 2026 | $14,943 |
| Aug 31, 2026 | $14,988 |
| Sep 30, 2026 | $14,817 |
| Oct 31, 2026 | $14,781 |
| Nov 8, 2026 (latest) | $14,771 |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $88.24m |
| Dec 31, 2022 | $0 |
| Dec 31, 2023 | $11.9m |
| Dec 31, 2024 | $7.75m |
| Dec 31, 2025 | $13,910 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/mango-markets
Frequently asked questions
What is Mango Markets' TVL?
As of Nov 8, 2026, Mango Markets has $14,771 in total value locked. TVL has decreased 0.2% over the past 30 days.
What chains does Mango Markets operate on?
Mango Markets operates on Solana. Solana holds the largest share at 100%.
What is the MNGO token price and valuation?
MNGO is currently trading at $0.033. Its circulating market capitalization is $36.69m, ranking it #727. Its fully diluted valuation is $164.19m. Supply currently stands at 1.117b circulating, 5b total supply, 5b maximum supply.
How has MNGO performed recently?
MNGO is up 0.1% over the past 7 days and up 1.3% over the past 30 days. Its all-time high is $0.50, reached on Sep 9, 2021. The token is currently 93.4% below that level.
How does Mango Markets' TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Mango Markets ranks #423 by TVL. The category holds $1.85b across 423 protocols, and Mango Markets accounts for 0% of that total. Similar protocols include Jupiter Perpetual Exchange, GMX Solana, Phoenix Perp, BULK, TurboFlow Perps, Bumpin Trade, Parcl V3, Drift Trade, Lavarage, and Wasabi Perps.
How much has been borrowed through Mango Markets?
As of Nov 8, 2026, Mango Markets has $7 in active loans.
Does Mango Markets have a treasury?
Mango Markets has a tracked treasury currently valued at $12,712. Its holdings include $0.45 in stablecoins, $12,712 in other assets.
Has Mango Markets ever been exploited?
Mango Markets has 1 recorded security incident. The most recent incident occurred on Oct 11, 2022 and involved $115m. It was classified as Oracle Manipulation.