$OM MANTRA | Official Statement from the CEO

First and foremost, I want to extend our sincere gratitude for the overwhelming support we’ve received over the past several hours. Your confidence is a clear reflection of the strong commitment our community and investors have toward the MANTRA project.

We have identified that the recent volatility in OM’s market was triggered by forced liquidations initiated by centralized exchanges, affecting OM account holders. The abrupt nature and timing of the sell-off—during low-liquidity hours on a Sunday evening UTC (early Monday morning in Asia)—suggest that these closures were executed without proper warning or communication. This raises serious concerns about either negligence or deliberate market positioning by these centralized platforms.

While we maintain close relationships with our centralized exchange partners and recognize their role in providing essential liquidity, it’s clear that excessive discretionary power exercised without appropriate oversight can result in significant market disruptions—impacting both projects like ours and individual investors.

To clarify, this price dislocation did not result from any actions taken by the MANTRA core team, the MANTRA Chain Association, our strategic advisors, or our investors. All token allocations remain locked and in accordance with the published vesting schedules. Our tokenomics remain unchanged, and all wallet addresses are transparent and available for public review.

MANTRA has consistently proven its resilience through multiple market cycles. While many have paused development during turbulent periods, we have continued building—and we remain fully committed to our long-term vision. Recent announcements, including becoming the first DeFi protocol licensed by Dubai’s VARA, along with our expanding ecosystem initiatives, are proof of our enduring dedication.