Legacy Pools Vulnerability Exposed in $1.3 Million Raydium Exploit

A recent security breach at Solana-based decentralized exchange (DEX) Raydium has resulted in an estimated $1.3 million loss, highlighting concerns over the security risks posed by legacy smart contracts.

The attack targeted five deprecated liquidity pools that had been retired since 2021 and were no longer accessible through the platform's user interface.

An attacker manipulated a fake token supply to drain these legacy pools, stealing approximately 150,177 RAY, 5,603 SOL, and 893,700 USDC.

Raydium confirmed that current users, active liquidity pools, and ongoing trading operations were not impacted by the exploit, as it targeted outdated infrastructure that had remained deployed on the blockchain.