Raydium says legacy AMM exploit drained over $1.34M from five deprecated Solana pools

Raydium said an exploit hit its deprecated AMM V3 program, draining funds from five old liquidity pools for losses above $1.34 million, including about $900,000 in USDC, $357,000 in SOL and $86,000 in RAY. The team said the mainnet program and current users were unaffected and the loss will be covered by the Raydium treasury.