Raydium Legacy AMM V3 Exploited for $1.34 Million via LP Mint Validation Flaw

RAY3.96%
SOL5.70%
According to Raydium, its legacy AMM V3 program was recently exploited for approximately $1.34 million after an attacker abused a liquidity provider mint validation flaw in deprecated Solana pools. Raydium core contributor Infra identified the root cause as a validation flaw involving LP mint checks that allowed the attacker to manipulate pool logic using invalid LP token conditions. The exploit drained five deprecated liquidity pools tied to the obsolete V3 contract, which had been phased out in 2021. Raydium confirmed current users and active liquidity programs were unaffected and committed to compensating losses from its treasury.
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