Exchange record
Raydium
Solana-based decentralized exchange and liquidity protocol that began operating in 2021 as an AMM integrated with the Serum/OpenBook order-book ecosystem. Raydium remained active after a December 2022 pool-authority compromise and subsequently moved administrative authority to multisig controls.
Registry sequence
Key facts
URL handling
Summary
Solana-based decentralized exchange and liquidity protocol that began operating in 2021 as an AMM integrated with the Serum/OpenBook order-book ecosystem. Raydium remained active after a December 2022 pool-authority compromise and subsequently moved administrative authority to multisig controls.
Timeline
Raydium began operation in 2021 as an automated market maker and decentralized exchange integrated with Solana's order-book liquidity infrastructure.
A malicious actor gained control of Raydium Liquidity Pool V4's pool-owner authority and withdrew assets through fee-accounting instructions. Raydium revoked the compromised authority, deployed a mitigation and later moved authority controls to multisig infrastructure.