On June 10, an attacker drained roughly $1.34 million from Raydium, the largest decentralized exchange on Solana, without touching a single active user position. The exploit hit five liquidity pools tied to Raydium’s legacy AMM V3 program, code deprecated in…
Raydium Increases Despite Bitcoin Depreciation, Records 117% Growth at $600 Million
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain that provides on-chain liquidity. Furthermore, funds deposited into Raydium are converted into limit orders for the Serum decentralized exchange (DEX). RAY, the native token of…