This Altcoin’s Liquidity Pools Are Draining: Price Crashing

Liquidity pools belonging to Solana (SOL) based Raydium (RAY) started to be emptied due to a vulnerability on the network.

According to information released by PRISIM, Raydium liquidity pools are under attack. According to the Raydium team, which was the victim of attackers due to the security weakness in the liquidity pools, only 1 pool affected and Loss of 2-3 million dollars there is.

According to the first statement made by the authorities, a wallet can keep the manager wallet in the pool. used LP was able to authoritatively control it without tokens, thereby transferring millions of dollars worth of assets into its own account. According to CoinGecko data, after this attack, the RAY price was approximately 8% depreciation and already 0.164 traded in dollars.

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