Share this article
Avalanche Developers Rush Client Patch as 'Bug' Slows Blockchain Transactions
A "cross-chain finality" bug has forced the network into "self-healing mode."
Updated Sep 14, 2021, 12:10 p.m. Published Feb 11, 2021, 3:35 p.m.
Make us preferred on Google
The Avalanche network has come to a near halt after “a bug in the cross-chain functionality” code that enables the Avalanche protocol and the Ethereum Virtual Machine (EVM) to speak with each other failed under high loads, according to the Avalanche developer team on Reddit.
The release of Avalanche's newest decentralized finance (DeFi) product, money market Pangolin, snowballed into “insane load" for the network, which further "triggered a very low probability bug that produced a bad state in the network,” the team said on Reddit.
The ability to send transactions has crawled to a halt with some users reporting wait times of up to four hours for finalizing a transaction. Funds are safe, however.
The network has gone into a “self-healing” mode after the bug “caused the entire network to panic.” The team maintains nothing with the core protocol itself is wrong.
Avalanche developers worked overnight on the code break, but will only push an update once the team is “100% confident” it will address the problem.
The Avalanche developer team did not return answers to questions by press time.
This is a developing situation and will be updated.
More For You
DeFi risk management giant Gauntlet sees $380 million exit as OKX crypto campaign ends
Gauntlet noted that deposits are now back to same levels before the campaign, and has navigated large capital swings before due to incentive campaign endings, airdrops, and shifts in market conditions which regularly produce short-period swings in either direction.
What to know:
- Gauntlet's TVL dropped 22.84% over seven days, erasing roughly $380 million in value, with the primary driver being the end of OKX's pre-deposit campaign on Katana rather than broader market stress — the outflows are predominantly stablecoins rotating out of incentive-driven vaults.
- Despite the sharp number, Gauntlet says the swing is consistent with normal incentive cycle dynamics, pointing to a similar $775 million single-transaction deposit in October 2025 that fully recovered within ten days as evidence that the firm has navigated large capital movements before.
Top Stories
