Raydium
Solana AMM and DEX with constant-product and concentrated liquidity pools and the LaunchLab token launcher.
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Raydium key facts
| Category | Decentralized exchange |
|---|---|
| Chains | Solana |
| Platforms | Web, API |
| Custody | Non-custodial |
| Fees | 0.25% on most pools (0.01%, 0.05%, 1% tiers) |
| Launched | February 2021 |
| Security audits | OtterSec, MadShield |
| Token | RAY |
| Chains | Solana |
RAY token
- Price
- $2.05 -1.6% 24h
- Market cap
- $553.2M
- Fully diluted value
- $1.1B
- 30-day change
- +152.3%
Market data: CoinGecko, updated Sep 26, 2026. Educational content, not financial advice.
What is Raydium?
Raydium is a decentralized exchange on Solana that launched on mainnet in February 2021 as an AMM linked to the Serum orderbook. It runs AMM v4, CPMM and CLMM pools plus LaunchLab. Most pools charge a 0.25% trading fee, with 0.01%, 0.05% and 1% tiers.
Raydium usage
From DefiLlama (TVL) (fees users paid), updated Sep 26, 2026.
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Raydium pros and cons
- 0.25% fee on most pools, with 0.01% and 0.05% tiers
- Audits by OtterSec and MadShield
- Admin roles moved to a Squads multisig after 2022
- Pool authority key compromise in December 2022 drained several pools
- 1% fee tier on some pools
- Token-2022 transfer fees can add to swap cost
Raydium FAQ
What is Raydium?
Raydium is a decentralized exchange on Solana that launched on mainnet in February 2021 as an AMM linked to the Serum orderbook. It runs AMM v4, CPMM and CLMM pools plus LaunchLab. Most pools charge a 0.25% trading fee, with 0.01%, 0.05% and 1% tiers.
How much value is locked in Raydium?
$1.4B according to DefiLlama on Sep 26, 2026. It is deployed on 1 chain: Solana.
How much does Raydium cost?
0.25% on most pools (0.01%, 0.05%, 1% tiers), according to Raydium’s own page (checked Sep 26, 2026).
How much do users pay Raydium in fees?
$40.8M over the last 30 days, according to DefiLlama on Sep 26, 2026.
Does Raydium have a token?
Yes, RAY. Its market cap was $553.2M on CoinGecko on Sep 26, 2026. Educational content, not financial advice.
Does Raydium hold my funds?
No. Raydium is non-custodial: you keep your funds in your own wallet and sign each transaction.
Sources
How this page works
Sources: Raydium: official site, Raydium: Docs FAQ, Raydium: History and milestones. Data as of Sep 26, 2026.
Not affiliated with any project listed. Educational content, not financial advice.