GMGN Completes Compensation for MEV-Affected Users in Solana Attack

GMGN co-founder Haze announced on the X platform completing compensation payments to users affected by a recent MEV attack impacting 729 transactions, as of October 27, 2025.

This rapid response underscores GMGN’s commitment to user protections amid rising MEV threat activities within the Solana ecosystem, avoiding potential trust and liquidity issues.

GMGN Completes Compensation for MEV-Affected Users in Solana Attack

GMGN co-founder Haze publicly stated that the team completed compensation payments for users affected by the MEV attack. “The team has completed compensation payments to users affected by the MEV attack. GMGN suffered a MEV attack 48 hours ago, affecting 729 transactions. The team has calculated the losses and distributed compensation to the relevant user wallets yesterday.” source

This incident impacted 729 transactions on the Solana network 48 hours ago. Compensation assessments were made and payments distributed the following day.

Community reactions have varied, focusing largely on the transparency and effectiveness of GMGN’s response. For the latest updates on this development, see Haze’s Twitter announcement. Haze reassured stakeholders through candid communication, stressing GMGN’s long-term commitment to security enhancements.

Community and Market Reactions Post-Attack

Did you know? In April 2025, GMGN accounted for 30.8% of MEV sandwich attacks on Solana, emphasizing the protocol’s susceptibility prior to this incident.

According to CoinMarketCap, Solana (SOL) has a current price of $203.94 and a market cap of $112.08 billion. The token has experienced a 6.12% rise over 24 hours and a notable 9.09% increase over the past week, reflecting resilience post-attack.

The Coincu research team notes that ongoing MEV attacks on Solana raise questions about security frameworks and compensation strategies. While short-term compensation measures are crucial, enhancing network security remains a pivotal challenge for sustaining market trust.