5 days ago
Raydium Legacy AMM V3 Exploited for $1.34M via LP Mint Flaw
SecurityAMM exploitDeFi securityliquidity pool hackLP mint vulnerabilityRAY tokenRaydiumSerum deprecationSolana DeFi
TLDR: Raydium’s Legacy AMM V3 lost $1.34M via an LP mint validation flaw in deprecated pools. Attacker bypassed proportion checks by creating a fake LP mint; no key compromise occurred. Five idle pools were drained; current mainnet programs and SDK remain fully unaffected. Raydium’s treasury will fully compensate victims while a mainnet security review is [...]
The post Raydium Legacy AMM V3 Exploited for $1.34M via LP Mint Flaw appeared first on Blockonomi.
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