
Map Protocol token sinks after bridge exploit
MAPO crashed 96% on Wednesday after an exploit targeting the Butter Network allowed an attacker to mint a quadrillion fake tokens and flood the market.
The exploit inflated the token supply tens of thousands of times beyond the legitimate circulating amount, sending MAPO from about $0.003 to nearly $0.0001 within hours, according to CoinGecko data.
The attacker used a newly created externally owned account to dump around one billion MAPO tokens and drain about 52 ETH worth roughly $180,000 from Uniswap liquidity pools while still holding nearly a trillion tokens that may threaten additional pools and exchange listings.
Blockaid said the exploit relied on a Solidity contract vulnerability in which the attacker resent a modified retry message that appeared legitimate to the bridge validator and triggered the unauthorised mint without compromising private keys or light clients.
Map Protocol said it paused the mainnet and started a migration process while the investigation continues, adding that:
“Any remaining tokens held by attacker-controlled addresses will be fully invalidated and will not be included in any future snapshot or conversion process.”
Following the announcement the MAPO token price was down at around $0.0001.
The incident adds to a growing wave of cross-chain bridge exploits affecting decentralised finance projects this month, including attacks linked to THORChain, Transit Finance and the TON-TAC bridge, which separately disclosed a $2.68 million exploit tied to missing validation checks in sequencer software.
At the time of reporting, MAP Protocol price was $0.001973.