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Raydium Says Retired AMM V3 Flaw Led to a $1.34 Million Exploit on Solana
Raydium said Wednesday that its retired AMM V3 program was exploited for $1.34 million on Solana. The DEX reported losses of about 150,000 RAY, 5,600 SOL, and nearly 900,000 USDC from pools including RAY-SOL, USDC-RAY, and SRM-RAY. Raydium said the issue stemmed from insufficient validation of LP mints, while stating its current programs were not impacted.