Raydium confirms that the legacy AMM pool was attacked, resulting in a loss of $1.34 million, with the official treasury providing full compensation.

Raydium confirms that the legacy AMM pool was attacked, resulting in a loss of $1.34 million, with the official treasury providing full compensation. BlockBeats reports that on June 11, Solana DeFi protocol Raydium officially confirmed that its deprecated legacy AMM V3 program pools from 2021 were subjected to unauthorized liquidity removal attacks, involving five pools: Sollet USDT-RAY, Sollet ETH-RAY, SRM-RAY, USDC-RAY, and RAY-SOL, with losses of approximately 150k RAY tokens, 5,603 SOL tokens, and 893.7k USDC tokens, totaling about $1.34 million.
Current users are unaffected, the attacker’s address has been marked, and Raydium’s treasury will cover all compensation.
Next, three things need to be monitored: whether related funds continue to flow in, whether on-chain trading volume and holdings keep increasing, and whether the project team or regulators provide new confirmation information.
A single news flash can only indicate that sentiment has been ignited; subsequent data will determine whether it can develop into a trend.
Risks should also be kept on the table: [original link]
$sol #usdt #eth #usdc #defi