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via BeInCrypto · By BeInCrypto Editorial
Raydium Exploit Drains $1.3 Million From Legacy Solana Pools
RAY
RAY/USDT
$1.975
-2.91%
$1.975
-2.91%
(24s)24h Volume
$8,059,894.62
24h H/L
$2.1992 / $1.964
Change: $0.2352 (11.98%)
Data provided by COINOTAG DATALive data
BE
BeInCrypto Editorial(05:39 PM UTC)
1 min read
Raydium (RAY) lost about $1.3 million on Wednesday in an exploit that drained five legacy liquidity pools on Solana (SOL). The team confirmed that its treasury will fully cover the losses.
Blockchain security firm PeckShield and on-chain investigator Specter flagged the incident. However, the exploit only touched retired automated market maker (AMM) code, leaving active pools and current users…
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