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Market Moves2 min read
Do forgotten legacy contracts threaten DeFi liquidity? Assessing the systemic risk after Raydium's exploit
A recent $1.34 million exploit on Raydium's phased-out AMM V3 contracts highlights the persistent security risks of deprecated, unmonitored DeFi code. While the immediate financial impact is localized, the event underscores a systemic vulnerability in legacy smart contracts that could prompt preemptive capital withdrawals and increased audit costs across EVM and Solana ecosystems.
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