The UXD Protocol was affected by nearly 20 million dollars in funds during the Mango attack incident

ChainCatcher news, according to the official Twitter of UXD Protocol, the total amount of funds affected by the Mango attack incident for the Solana ecosystem algorithmic stablecoin protocol UXD Protocol is $19,986,134.9037.

UXD Protocol stated: "Our insurance fund is sufficient to cover the losses. UXD is fully secured, and once Mango Markets recovers from the exploit, users will be able to redeem. The total amount of the insurance fund is $53,527,304.7757. UXD Protocol has suspended UXD minting to minimize risk. Once we confirm that the issues with Mango Markets are resolved, the minting function will be re-enabled. Meanwhile, users can exchange UXD for USDC on Jupiter Exchange. There is enough liquidity for UXD holders to redeem USDC at par value." (source link)