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Raydium Loses $1.34M to Exploit of Discontinued AMM V3 Program; Treasury to Cover Loss

Security Incidents Project Progress

2026-06-11 00:09:25

RAY3.02%

SOL4.61%

USDC0.01%

According to The Block, Solana-based decentralized exchange Raydium disclosed a vulnerability in its discontinued AMM V3 program that led to approximately $1.34 million in stolen assets from five inactive liquidity pools. The affected pools included RAY-SOL, USDC-RAY, and SRM-SOL pairs. Attackers drained roughly 150,000 RAY, 5,600 SOL, and 900,000 USDC by exploiting insufficient validation on LP mint parameters. Raydium stated the treasury will cover all losses, and current users remain unaffected. The vulnerable program was deactivated in 2021; the mainnet AMM remains unimpacted and is undergoing separate security review.

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