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Forwarded from Ahboyash Reads

RAYDIUM, SOLANA DEX, EXPLOITED FOR $1.3M

• Exploit allowed unauthorized liquidity removal from five legacy AMM V3 pools (deprecated since 2021)
• No current users or modern Raydium SDK interactions were affected; the legacy pools had no swap functionality post-Serum deprecation
• The vulnerability was a logic flaw in LP mint validation (attacker minted a fake LP token to bypass proportion checks)
• Raydium’s treasury will fully compensate affected LPs

https://x.com/0xINFRA/status/2064738005697384476
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