Crypto Scenario Insights
What happened
A recent $1.34 million exploit on Raydium's phased-out AMM V3 contracts highlights the persistent security risks of deprecated, unmonitored DeFi code.
What we think
From a capital flows perspective, this exploit demonstrates that liquidity is never truly safe in deprecated contracts.
Read the analysis
Do forgotten legacy contracts threaten DeFi liquidity? Assessing the systemic risk after Raydium's exploit
We explain what happened and what could follow. We do not forecast prices.