Possible systemic routing issue on GMGN (Solana). Looking for others affected.
Sold AGI via GMGN. AGI had ~$200K liquidity — a direct route to SOL was available. Instead the aggregator routed through CHIPPY (Raydium LaunchLab → Meteora DAMM v2)
Slippage was on Auto. GMGN has escalated to their technical team, no answer yet. I've heard of at least one much larger loss with the same mechanism
If this happened to you, reply — a pattern is worth more than isolated cases.
@gmgnai@LaunchOnSF@Raydium@zachxbt
Possible systemic routing issue on GMGN (Solana). Looking for others affected.
Sold AGI via GMGN. AGI had ~$200K liquidity — a direct route to SOL was available. Instead the aggregator routed through CHIPPY (Raydium LaunchLab → Meteora DAMM v2)
Two open questions:
1.Why was CHIPPY selected as an intermediate hop when a direct route existed?
2.Was liquidity in that pool manipulated around the transaction?