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Woofun AI reports that Maya Protocol remains paralyzed by a liquidity crisis stemming from an Aug. 18 exploit, with the attacker still holding 20.83 BTC and no recovery plan established. The stalemate persists as the protocol lacks a mechanism to address the broader impact on its cross-chain pools.
The exploit mechanics involved a failed reserve transfer that allowed inflated balances to persist until Aug. 21. By injecting negligible liquidity, the attacker secured 99.93% of the pool's ownership units and extracted 48.87 million CACAO. These assets were then swapped into holdings within other MAYAChain pools, effectively draining the system.
Per Woofun AI, SigIntZero estimated that $1.36 million in assets moved to external chains while $291,000 remained on MAYAChain, totaling $1.65 million to $1.7 million in attacker-controlled value. Maya reportedly hopes for a bug-bounty return or seeks to replace roughly 20 BTC via Aztec Chain investments.
This marks a critical juncture for Maya, as the $11 million total loss remains unallocated. The protocol has not defined how to handle remaining losses or the gap created by CACAO repricing during the dislocation.