CryptoWorld News reports that Raydium has announced it will fully compensate approximately $1.3 million lost due to an attack targeting five legacy liquidity pools built on Solana. Blockchain security firm PeckShield and on-chain investigator Specter report that the attacker exploited a verification vulnerability related to Raydium’s early automated market maker design, successfully bypassing checks and extracting liquidity from the affected pools. The stolen assets include approximately 150,177 RAY tokens, 5,603 SOL, and 893,700 USDC. Raydium said the affected pools belong to a deprecated program, and all impacted assets will be covered by the project treasury to prevent losses from falling on users who are still interacting with the legacy pools. Market reaction has been relatively muted, with Raydium trading at around $0.57, down less than 1% over the past 24 hours.

RAY-2.34%

SOL-2.83%

USDC0.01%

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GateUser-5d719aba

· 3h ago

Why is there still liquidity remaining in the legacy pool? Users should also take some responsibility; they can't rely entirely on the project team to cover the losses.

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MoonlightLiquidationLine

· 5h ago

Market reaction is as expected to be tepid; 1.3 million pairs of Raydium isn't a big deal, and the price hasn't moved much, sentiment remains stable.

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StardustUnderTheGlassDome

· 5h ago

Raydium's backing this time is quite responsible; they agreed to compensate 1.3 million immediately. Although the pool was abandoned early, they didn't let users bear the risk. Their vision is commendable.

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LightsInTheMistyValley

· 5h ago

150k RAY + 5k SOL + 890k USDC, the hacker's move this time is quite precise, specifically targeting abandoned pools that still have liquidity.

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TheClarityAfterLiquidating

· 5h ago

The vulnerabilities in early AMM designs are only now being exposed; old projects in the Solana ecosystem are probably all checking their code.

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VineGeometry

· 5h ago

Is full compensation a matter of duty or compassion? I think it's considerate, after all, the pool has been deprecated, and legally there may not be an obligation.

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EveningBreezeBorrower

· 5h ago

Attackers specifically target the validation vulnerabilities left in legacy AMMs, indicating that overlooked code audit blind spots are truly ticking time bombs. Project teams need to be more vigilant.

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Raydium commits to full compensation for $1.3 million Solana pool loss

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