According to @KookCapitalLLC, the crypto protocol Polyhedra saw its native token, ZKJ, plummet by over 80% following what the team described as a coordinated liquidity attack. The team's initial post-mortem cited several factors, including a significant attack on the ZKJ/KOGE liquidity pool on PancakeSwap. On-chain data reportedly confirmed that several addresses drained millions from the pool and subsequently dumped large quantities of ZKJ tokens, triggering a liquidity spiral. In response, the Polyhedra team injected approximately $30 million in USDT, USDC, and BNB to bolster DEX liquidity and announced a forthcoming buyback plan to restore market confidence. The team also affirmed that none of their own ZKJ holdings were sold during the incident.