Raydium's Legacy AMM V3 program was exploited due to a validation flaw allowing an attacker to bypass proportion checks and drain $1.34 million from five inactive liquidity pools. The attack did not affect current Raydium programs, SDK, or user interfaces, as these pools were deprecated and inaccessible since 2021. Raydium will fully compensate affected users from its treasury and is conducting a comprehensive security review to prevent similar issues. The exploit was a logic error isolated to legacy code, with no key compromises or risks to active systems.
Raydium announced it will fully reimburse users after an exploit drained about $1.3 million from five legacy liquidity pools on Solana. The attacker exploited outdated automated market maker code using a fake mint address to steal RAY, SOL, and USDC ...
Raydium, a major decentralized exchange on Solana, suffered a $1.34 million exploit targeting five deprecated liquidity pools from its legacy AMM V3 program. These pools were phased out in 2021 and had no active users or current interface exposure. T...
