Raydium DEX’s AMM Program Exploited For $1.34 Million — Here’s What Went Wrong
Raydium (RAY), a decentralized alternate on the Solana (SOL) blockchain, mentioned Wednesday that it had suffered a $1.34 million exploit tied to its retired automated market maker, or AMM, V3 program. Raydium Pools Drained The protocol mentioned the attacker eliminated about 150,000 RAY, 5,600 SOL, and almost 900,000 of Circle’s USDC stablecoin from Raydium swimming…
