ChainBleedv0.1 · open intel
← back to feed·SOL2022-12-16 · 3y ago
Incident · CHAINSEC

Raydium

Exploit
Estimated loss
$2.00M
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
Undisclosed
Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

Forensic narrative

Solana-based decentralized exchange platform Raydium confirmed in a tweet on Friday that it had been the victim of an exploit. At press time, around $2 million worth of different cryptocurrencies was sitting in the account of an attacker that managed to maliciously withdraw user funds from Raydium exchange pools. Reported loss: $2,000,000.

Primary source
https://www.coindesk.com/business/2022/12/16/solana-based-raydium-exchange-victim-of-9-figure-exploit/
Sourced from
chainsec
Technical record
chain
solana
protocol
Raydium
bug_class
unknown
date_occurred
2022-12-16
loss_usd
$2,000,000
source_id
cs:raydium::2022-12-16
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