Security incident · 2025-12-14
Mars Perps
According to the public DefiLlama incident dataset, Mars Perps (Neutron) suffered a security incident on 2025-12-14, with about $960K reported lost.
| Date | 2025-12-14 |
|---|---|
| Reported loss | $960K |
| Chain | Neutron |
| Target type | DeFi Protocol |
| Technique class | Market Manipulation |
| Technique | Funding Rate Arbitrage |
| Bridge incident | No |
| Within 2025 | #71 by loss that year, 0.0% of all reported losses that year |
How this kind of attack works
The attacker moved prices in a thin market and profited from protocols that relied on those prices.
Would a pre-payment check have helped
Market manipulation is a liquidity and market-design problem.
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- Drift Trade2022-05-11 · $14.5M
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- Save2022-11-01 · $1.0M
- WaultSwap2021-08-04 · $930K