Raydium’s legacy AMM V3 program exploited; approximately $1.34 million in assets drained
According to an official announcement, Raydium stated that its legacy AMM V3 program—deactivated in 2021—was exploited, resulting in the unauthorized removal of approximately 150,177 RAY, 5,603 SOL, and 893,700 USDC, with a total market value of roughly $1.34 million. Compensation will be covered by the Raydium treasury.