Hackers Drained $1.7M From Maya Protocol Using a Single Transaction and Six Bugs

TLDR

• Maya Protocol was exploited for approximately $1.7 million, its first loss-of-funds incident since launching in 2023
• An attacker used a single 23-message transaction to exploit six chained bugs and drain 48.87 million CACAO tokens
• About 20 Bitcoin worth $1.4 million and $300,000 in other assets were stolen from Asgard and Yggdrasil vaults
• CACAO token dropped nearly 89%, falling from around $0.115 to $0.013 following the breach
• Maya Protocol activated a global network halt and said a patch is being prepared

Cross-chain decentralized exchange Maya Protocol shut down its network on Wednesday after an attacker stole around $1.7 million in crypto assets.

🚨BREAKING: Maya Protocol EXPLOITED for $1.7 MILLION in a sophisticated 6-bug attack.

MAYAChain suffered a chained six-bug exploit that allowed the attacker to manipulate pool accounting, gain 99.93% ownership of an inflated pool and extract roughly $1.36M in hard assets to L1,… pic.twitter.com/564eODmfld

- Coin Bureau (@coinbureau) August 19, 2026

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