Dango shut down
Dango said it would halt trading on 29 July 2026 at 12:00 UTC, settle remaining positions at oracle prices and unlock DLP vault deposits as USDC, then shut the Dango chain on 13 August 2026 with any leftover deposits refunded to Ethereum deposit addresses.
Founded 2024
April 13, 2026
An attacker drained USDC via buggy donation logic; most funds were recovered and a bounty paid within a day.
July 29, 2026
Perps trading stopped at 12:00 UTC; open positions closed at oracle prices and DLP deposits unlocked as USDC.
August 13, 2026
The Dango L1 stopped producing blocks; remaining on-chain deposits were to be refunded to Ethereum deposit addresses.
Dango was a perpetuals exchange running on its own Layer-1 blockchain, launching perps mainnet in early 2025 after a 2024 seed round led by Hack VC and Lemniscap. The venue suffered an early exploit that was largely recovered via bug bounty before thin liquidity forced a full wind-down.
No. Dango stopped hiring in August 13, 2026.
Dango said it would halt trading on 29 July 2026 at 12:00 UTC, settle remaining positions at oracle prices and unlock DLP vault deposits as USDC, then shut the Dango chain on 13 August 2026 with any leftover deposits refunded to Ethereum deposit addresses.
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Dango was founded in 2024.