Gm gm fams

Raydium exploit is a perfect reminder of where DeFi real risk often lives
A hacker allegedly exploited an old LP token validation flaw in Raydium’s legacy AMM V3 code and drained roughly $1.34M from inactive liquidity pools
- 150,177 $RAY
- 5,603 $SOL
- 894K $USDC
Nothing happened from these things👇🏻
private keys were compromised, protocol takeover occurred and active users were affected
The attacker simply found a weakness in old code, created a fake LP token, bypassed validation checks, withdrew real assets, bridged the funds to Ethereum, and exited through Tornado Cash
Everyone in DeFi spends their time looking for the next big exploit
But sometimes the biggest threat isn’t the newest feature
It’s the forgotten code deployed years ago that nobody thinks about anymore
Deprecated doesn’t mean dead
In DeFi, old code can still come back and demand a very expensive payment