Brief

Raydium legacy-pool exploit puts old-code risk back in focus

Extracted reports from KuCoin and ForkLog say roughly $1.34 million was removed from Raydium legacy AMM V3 pools, a program described as phased out or ceased in 2021. The same source base says the affected pools still held value, with ForkLog listing Sollet USDT-RAY, Sollet ETH-RAY, RAY-SOL, USDC-RAY, and SRM-RAY as affected pairs. CryptoTimes says Raydium’s active trading infrastructure, liquidity pools, and current users did not appear to be impacted, while ForkLog carries a partial Raydium-linked statement that current users could not interact with the pools through the UI. The evidence supports a cautious old-code-risk frame, but not the reported reimbursement promise, exploit mechanics, transaction traces, or full loss methodology.

Solana · June 12, 2026

Sources & context

Evidence, open claims, and reader-facing editor notes.

Dek

Raydium says a deprecated AMM program was exploited for about $1.34 million while active systems were unaffected, turning attention to audit scope, reimbursement, and abandoned contracts.

Synthesis angle

Investigate how Solana DeFi protocols manage dormant code, user restitution, and disclosure when old contracts remain live value targets.

Source

Raydium Exploit Drains $1.34 Million from Deprecated Solana Pools

Preferred source plan

Raydium official incident statement and reimbursement plan
Raydium GitHub or audit materials for AMM V3 and newer programs
Solana transaction traces for the five affected pools
Security-firm postmortems from named auditors or incident responders if published
RAY token market data and Raydium treasury wallet disclosures

Reading the dossier...