Raydium's deprecated AMM V3 on Solana was exploited for ~$1.34M across 5 pools. Core team confirms no contagion risk and full compensation from treasury.

BEAT soared 52%, HMSTR gained 49% in 24h; Raydium exploited for ~$1.34M; Coinbase wins perpetuals approval; Fear & Greed Index sits at 12 (Extreme Fear).

Raydium said a retired Legacy AMM V3 program was exploited for about $1.34 million across five old liquidity pools. The team said losses will be covered by treasury funds and that the current app, SDK, and mainnet programs were not affected.

Raydium core contributor InfraRAY said a deprecated AMM V3 program, discontinued in 2021, was attacked. About $1.34 million in assets was stolen, and the treasury will fully reimburse losses while current mainnet programs remain unaffected.

Raydium confirmed that legacy AMM V3 program pools deprecated in 2021 suffered an unauthorized liquidity removal attack involving five pools, with losses totaling about $1.34 million.