#raydium #Ray #btc70k Here are the latest key developments for Raydium (RAY) crypto as of September 7, 2026:
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### 🛡️ $1.3M Legacy Pool Exploit and Reimbursement Promise
On August 30, 2026 Raydium confirmed that attackers drained approximately $1.3 million from five retired, legacy liquidity pools built on the protocol's older AMM infrastructure. No active pools or current users were affected by the exploit, and the protocol committed to covering all user losses entirely from its treasury. Blockchain security firms PeckShield and Specter traced the attack to a validation loophole involving a forged mint address in the dormant pool code, noting that no key compromise or core platform vulnerability was involved. Stolen assets were partially tracked being transferred from Solana to Ethereum after the incident.
### 💰 RAY Buyback Program Hits 30% Circulating Supply Milestone
Raydium announced on August 31, 2026 that its automatic fee-funded buyback program has now accumulated more than 30% of RAY's total circulating supply. The program operates by directing 12% of all protocol swap fees to open-market RAY purchases, with no additional token issuance required. The buyback pace accelerated sharply through August, reaching a three-day peak of $150,000 in RAY acquired in early August — the fastest rate recorded since the start of 2026. Cumulative spending on buybacks reached $190.4 million by July 2025, before accelerating through the summer months.
### 📈 RAY Price and Latest Market Performance
As of September 6, 2026 RAY was trading at approximately $0.777 USD, with a 24-hour trading volume of $145.8 million. The token has posted significant recent gains: +55.94% over the prior 24 hours, +61.43% over 7 days, and +115.30% over the last 30 days, after an earlier 9% 24% price dip recorded on September 2 amid broader market volatility. Raydium currently ranks #98 by total cryptocurrency market capitalization, with 269.5 million RAY tokens in active circulation.