Raydium DEX’s AMM Program Exploited For $1.34 Million — Here’s What Went Wrong

Raydium (RAY), a decentralized exchange on the Solana (SOL) blockchain, said Wednesday that it had suffered a $1.34 million exploit tied to its retired automated market maker, or AMM, V3 program.  Raydium Pools Drained  The protocol said the attacker removed about 150,000 RAY, 5,600 SOL, and nearly 900,000 of Circle’s USDC stablecoin from Raydium pools… Continue reading Raydium DEX’s AMM Program Exploited For $1.34 Million — Here’s What Went Wrong

Raydium Breaks Key Level Showing Relative Strength – New Highs Next?

Raydium (RAY) has had an exceptionally bullish week, surging over 62% in less than six days and capturing the spotlight in the decentralized exchange (DEX) market. This impressive rally has positioned Raydium as a market leader, with strong momentum that shows no signs of slowing down. The cryptocurrency recently cleared last year’s high, a significant… Continue reading Raydium Breaks Key Level Showing Relative Strength – New Highs Next?