Dominion, a silver tokenization project on Solana, has announced its closure following a security breach in September that resulted in the theft and subsequent dumping of SILV tokens. The attack triggered a liquidity collapse and depleted operational funds, making sustainable recovery impossible for the project.
The team has allocated most remaining liquidity to a refund program for pre-hack holders, offering an exit price of $63 per SILV token. Dominion stated that the capital required to rebuild liquidity and restore market structure exceeded available resources. Despite the shutdown, the team expressed continued confidence in the future of real-world asset tokenization on Solana.
Solana Silver Token Project Dominion Shuts Down After Hack and Liquidity Collapse
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