Decentralized · Spot

Raydium

Live data · updated every hour

Raydium is a leading automated market maker on Solana and a main venue for newly launched tokens.

Founded2021RunsDecentralizedMarkets—Volume rank#18TokenRAY $2.20

All exchanges

Volume · 24h$187M+19.3% vs the day before

Spot volume$187M0.2% of all spot trading

Derivatives volume—No derivatives market

30-day change+144.0%Volume vs the previous 30 days

Markets—Pools are not counted

Coins—Tokens are not counted

Volume rank#18By 24h volume of the 19 exchanges tracked here

Value locked$1.34BOn-chain

Raydium trading volume

Daily spot volume, in US dollars.

Volume · 1M$9.94B$331M per day on average

Busiest day$599MMon, Sep 21, 2026

Derivatives share—Spot trading only

30-day change+144.0%Compared with the 30 days before

Spot Touch a bar for the splitHover a bar for the split

Supported coins & trading pairs

What trades here and where the volume goes.

Supported coins

Share of volume in the largest pools

SOL39% of pool volume$29.5M

RAY14% of pool volume$10.7M

CARDS9% of pool volume$6.61M

PUMP7% of pool volume$5.57M

NVDAX6% of pool volume$4.25M

Other coins · 26%$19.7M

Top trading pairs

Last price and 24-hour volume of the largest pools.

SOL/USDC$121.68$27.0M—

RAY/SOL$2.20$9.67M—

CARDS/USDC$0.2937$6.61M—

PUMP/SOL$0.00624143$5.57M—

NVDAx/USDC$242.77$4.25M—

Fees

Liquidity providers choose the fee tier of each pool. The fee goes to them unless a protocol fee is switched on.

0.01%Stablecoin pairs——

0.05%Major pairs——

0.30%Most token pairs——

1.00%Exotic pairs——

Reserves & transparency

Smart contracts, verifiable on-chain

Value locked on-chain$1.34BSmart contracts, verifiable on-chain

Latest reportLiveUpdated continuously

All balances sit in public smart contracts, so anyone can check them on-chain at any time.

About Raydium

Key facts, ownership and custody.

Raydium is a decentralized exchange for spot trading. It runs as an automated market maker, where trades go through pools of tokens that users supply. It launched in 2021.

Trading balances sit in public smart contracts that anyone can verify on-chain. Raydium supplies on-chain liquidity to a central limit orderbook, a shared list of buy and sell orders, so the people who supply tokens to its pools can reach the order flow and liquidity of the Serum exchange. As of 2026, each pool charges its own fee, which liquidity providers earn, while part of the trading fees is kept by the protocol as revenue. RAY is Raydium's exchange token.

Founded2021

HeadquartersOn-chain

TypeDecentralized

ProductsSpot swaps, liquidity pools, token launches

Fiat on-rampNo

OwnershipGoverned by RAY holders

Fees, licences and where it works: Raydium review. Compare platforms in your country: best crypto exchanges by country.

RegulationNon-custodial protocol

Open DeFi profile

Raydium FAQ

Short answers to what people ask most.

Raydium runs on one chain, Solana.

No. Raydium has no fiat on-ramp, so deposits are crypto only.

It hosts token launches, and it serves as a link for projects that want to grow into Solana and the Serum exchange.

Raydium news

Coverage of the exchange and the wider market.

All news

Similar exchanges

Other decentralized exchanges with similar volume.