Technical malfunctions of cryptocurrency exchanges are a common cause of the stagnation of mango network price. In November 2023, Coinbase’s API data flow was interrupted for 3.2 hours due to an AWS server outage, affecting the real-time quotations of 87 tokens. Technical log analysis shows that when the trading volume exceeds 25,000 transactions per second (reaching 85% of the system’s peak load), the price update delay rate increases to 37%. A typical case is the system upgrade incident of Kraken Exchange in May 2024. The overload of the in-memory database caused the price to freeze for 2.7 hours, resulting in an arbitrage loss of approximately 18 million US dollars.
The depletion of liquidity directly affects the dynamic update mechanism of prices. When the 24-hour trading volume of contemporary coins is lower than 500,000 (the critical liquidity threshold) and the spread of market makers’ quotations exceeds 3400,000, the price update frequency will drop to once every 15 minutes. During the Terra collapse in 2022, multiple illiquid tokens experienced an 8-hour price stagnation on the Gate.io platform.
Node synchronization issues interrupt data source transmission. The mainnet of Mango Network requires that the block confirmation time be ≤15 seconds to ensure real-time quotations. If the node synchronization delay exceeds 90 seconds (with a probability of 18% in a network congestion state), the error rate of on-chain data received by the exchange rises to 22%. In 2024, the Solana network outage incident led to data asynchrony at 1,200 nodes, causing MANGO’s price to stall on Binance for five hours and a 340% increase in the rate of user order cancellations.
The risk control mechanism triggering manual freezing is a compliance factor. When the price fluctuates by more than ±40% within 5 minutes (deviating from the standard deviation by more than 3 times), the exchange automatically initiates a “circuit breaker review”. Binance froze LUNC abnormal transactions for 17 hours in 2023, and the price was locked at $0.00012 during the review period. The Commodity Futures Trading Commission (CFTC) of the United States stipulates that exchanges must verify price changes exceeding 300% of the average daily volatility. The compliance review takes an average of 8.6 hours.
Technical errors in the data aggregation platform magnify exceptions. Quotation platforms such as CoinGecko rely on API polling mechanisms (with a default 30-second interval). When the single response timeout rate is greater than 15%, the fault-tolerant mechanism will retain the historical price display. In April 2024, an API endpoint error of CoinMarketCap caused the prices of 3,700 tokens to freeze, with an average recovery time of 6.3 hours. Investors should verify both the on-chain data of Dextools and the native blockchain browser simultaneously. The cross-validation error rate can be reduced to 0.7%.
When encountering the mango network price anomaly, it is recommended to check the blockchain browser hash rate, the exchange announcement page and the social media status update simultaneously. Technical disruptions are usually resolved within 120 minutes (accounting for 72%), while liquidity or compliance issues may persist for 24 to 72 hours. Investors holding MANGO are required to set a ±15% price fluctuation alert to avoid slippage losses due to frozen quotations.