DeFiBearishBlockonomi · 4h ago6/10
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Raydium Legacy AMM V3 Exploited for $1.34M via LP Mint Flaw
Raydium's Legacy AMM V3 protocol suffered a $1.34M exploit through an LP mint validation flaw that allowed an attacker to bypass proportion checks in deprecated pools. The attacker created a fake LP mint to drain five idle pools, though no private keys were compromised and current mainnet programs remain unaffected. Raydium's treasury will compensate affected users while conducting a security review.