Raydium Commits to Cover Losses as Hacker Drains $1.3M From Legacy Pools
14 Articles
14 Articles
Raydium confirms $1.34 million exploit in legacy AMM V3 pools - The Cryptocurrency Post
Raydium said an unauthorized withdrawal drained about $1.34 million from five legacy AMM V3 liquidity pools, with the team stating that the affected code was deprecated in 2021 and no current users or active pools were impacted. Full details of affected depositshttps://t.co/BvV7W0sqIS — Infra | Raydium (@0xINFRA) June 10, 2026 The confirmation came through Raydium Infra’s official X account, which described the incident as an exploit in the pro…
Raydium Exploit Hits Legacy Pools for $1.34M
• Raydium lost about $1.34 million through its retired AMM V3 program• Five inactive pools were exploited through legacy smart contract code• Raydium says active pools were unaffected and losses will be reimbursed Old code has a habit of becoming relevant at the worst possible moment. The Raydium exploit hit retired liquidity pools, not active users. Is this another reminder that legacy DeFi risk never fully disappears? Raydium became the latest…
Only one day after the cryptocurrency market offered some calmness, the Raydium protocol in Solana suffered an exploit that drained $1.3 million of five pools of liquidity.The good news: the active funds of users have not been affected and the project treasure will cover the losses in full, as confirmed by his team.A silent attack on forgotten code The incident, detected by the security firm PeckShield and the researcher on-chain Specter, focuse…
Raydium Exploit Refund Promised After $1.3M Solana Pool Loss
Raydium confirmed it will reimburse approximately $1.3 million lost in an exploit targeting five dormant liquidity pools on Solana. The attack affected legacy AMM infrastructure rather than active trading pools, with user funds remaining unaffected. Investigators traced stolen assets through Ethereum, where a portion was reportedly moved through Tornado Cash.
Raydium Confirms $1.34 Million Hack on Retired AMM Program, Treasury to Cover Losses
The Solana-based decentralized exchange, Raydium, suffered an exploit in its legacy AMM V3 program this Wednesday, resulting in the theft of approximately $1.34 million in digital assets. Protocol developers reported that the hacker bypassed ratio controls due to insufficient validation in the old contracts, draining funds from inactive liquidity pools that included pairs such as RAY-SOL, USDC-RAY, and SRM-RAY. Raydium is aware of an exploit in…
Security in DeFi increasingly depends on managing legacy code, not just the asset itself. The article "Raydium loses $1.3 million in Solana due to a flaw in legacy pools" was first published on CriptoNoticias - Bitcoin, Ethereum, and cryptocurrency news.
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