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Aurora Mainnet Outage Leaves EVM Network Down

The outage affects an EVM network whose TVL has fallen 99% from its 2022 peak, underscoring the shrinking capital base behind Aurora.

Aurora Mainnet Outage Leaves EVM Network Down
Aurora Mainnet Outage Leaves EVM Network Down

Aurora mainnet has been unavailable since 02:16:11 UTC and remains down, according to Onchain Lens. The EVM-compatible network runs on NEAR Protocol and supports Ethereum applications and smart contracts at lower cost.

Why it matters

Aurora's outage hits a network that has already seen a sharp contraction in locked capital. DefiLlama data shows TVL peaked at about $2.5 billion in 2022 before falling 99% to $4.65 million.

Market impact

The outage puts operational reliability back in focus for Aurora and its ecosystem. The network raised $12 million in 2021 from Pantera Capital, Electric Capital and Dragonfly Capital, but its current TVL is a fraction of its former peak.

Related tokens
$AURORA $NEAR

Frequently asked questions

  1. When did the Aurora mainnet outage begin?

    Aurora mainnet has been unavailable since 02:16:11 UTC and remains down.

  2. What is Aurora's relationship with NEAR Protocol?

    Aurora is an EVM-compatible network built on NEAR Protocol. It supports Ethereum applications and smart contracts at lower cost.

  3. How much has Aurora's TVL declined?

    Aurora's TVL peaked at about $2.5 billion in 2022 and later fell 99% to $4.65 million.

  4. Which investors backed Aurora's 2021 funding round?

    Aurora raised $12 million in 2021 from investors including Pantera Capital, Electric Capital and Dragonfly Capital.

  5. Why does the outage matter for Aurora's ecosystem?

    The outage affects an EVM-compatible network supporting Ethereum applications and smart contracts. It also puts reliability in focus as Aurora operates with a much smaller TVL base than at its peak.

Source attribution
Aggregated from WuBlockchain · Verified · Last refreshed 19h ago
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