Raydium (RAY)

🔥 Raydium confirms a vulnerability on its old AMM V3 👀

The program in question had been inactive since 2021.

#Raydium #Solana #DeFi https://t.co/Ll0knSadML

🚨 UPDATE: Raydium confirmed an exploit on its discontinued AMM V3 program, inactive since 2021. https://t.co/gerk1gi4N4

⚠️ Raydium suffers an exploit of $1.34 million in a legacy AMM program; the treasury will cover the losses

Raydium confirmed an exploit in its old AMM V3 program that resulted in the theft of approximately $1.34 million worth of assets. The attack occurred in inactive liquidity pools and was due to insufficient validation in legacy contracts that allowed the attacker to bypass proportion controls.

Incident details

The hack affected exclusively withdrawn and inactive liquidity pools, including RAY‑SOL, USDC‑RAY and SRM‑RAY. According to the Raydium team, the vulnerable code belonged to a discontinued version of the protocol that had not been used since 2021 and had already been removed from the official interface.

Developers emphasized that active users of the platform were not affected, as the exploit was limited to legacy contracts that are no longer part of Raydium's operating ecosystem.

Market reaction and team response

Despite the incident, the native RAY token showed resilience and rose more than 2% in the hours following the announcement.

The project's treasury confirmed it will assume the full cost of the losses to compensate those affected.

As a preventive measure, the Raydium team launched an exhaustive and independent security review of all active smart contracts deployed on the Solana mainnet.

The incident again highlights the risks associated with legacy contracts that remain deployed on the blockchain, even when they are no longer in active use.

In summary

Raydium suffered a $1.34 million exploit in its old AMM V3 program, affecting only inactive liquidity pools belonging to a protocol version discontinued since 2021. Current users were not affected.

The project's treasury will cover the losses and the team has initiated a full security review of its active smart contracts. Despite the incident, the RAY token remained stable and advanced more than 2% after the announcement.

Important notice

This information is based on Raydium's official statement and on-chain reports published on June 11, 2026. It does not constitute investment advice. Always perform your own analysis before making any financial decision.