Score withheld

Mango

MNGO

DeFi, financial protocol weights

STRICT score withheld.Score opens with Pro

Sustainabilitywithheld×0.20–

Transparencywithheld×0.16–

Revenuewithheld×0.24–

Innovationwithheld×0.16–

Communitywithheld×0.10–

Tokenomicswithheld×0.14–

Weights are public.

The full report. Score, pillars, arithmetic, risk, scenario, signal and notes.

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Research, not financial advice. Read the terms.

About Mango

Analysis of 19 Jul 2026

Mango Markets was a Solana-based decentralized exchange and lending protocol that combined spot trading, perpetual futures, borrowing, and lending under a unified margin account. That operating model is no longer the current investment case.

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The protocol wound down in January 2025 after governance changes made new borrowing and lending economically unviable. The closure followed the October 2022 oracle manipulation that removed approximately $110 million and a September 2024 SEC settlement with Mango DAO, Blockworks Foundation, and Mango Labs.

The settling entities agreed to pay nearly $700,000, destroy their MNGO holdings, request MNGO removals from trading platforms, and stop soliciting new listings, subject to court approval. CoinGecko still tracked residual MNGO markets in July 2026 and displayed a warning about future token destruction and halted trading; the SEC settlement itself specifies destruction by the settling entities.

MNGO should therefore be analyzed as a wind-down asset without an active protocol utility.

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