Hacker Drained $1.34M From Raydium by Faking Ownership of Abandoned Pools

• The attacker drained 150K RAY, 5603 SOL, and 893K USDC from five pools dormant since 2021.
• LP mint validation flaw lets attackers create fake mint and bypass proportion checks entirely.
• Raydium treasury will fully compensate affected users with no impact on current mainnet programs.

A hacker drained approximately $1.34 million from Raydium’s Legacy AMM V3 program, targeting five liquidity pools that were deprecated years ago but never fully disabled on-chain. The exploit was discovered and disclosed by Raydium’s core team, who confirmed that the stolen assets will be fully reimbursed from the protocol’s treasury.

No current Raydium users were affected. The exploited pools have been inaccessible through the Raydium UI since their deprecation, and the current mainnet programs, SDK, and DApp remain entirely unaffected.

What Was Stolen

The attacker drained five i…

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