Raydium Exploit Drains $1.34 Million from Deprecated Solana Pools on June 10

On June 10, a hacker exploited five deprecated Raydium liquidity pools on Solana by minting unauthorized liquidity-provider tokens, draining $1.34 million from the AMM V3 program tied to the sunset Serum protocol, according to on-chain data and Raydium statements.

The stolen assets included approximately $900,000 in USDC, $357,000 in SOL, and $86,000 in RAY. Raydium confirmed no active users were affected and pledged to cover the full loss from its treasury. The attacker routed proceeds through Tornado Cash before moving funds to other platforms.