Raydium Review (October 2026): Fees, US States and Licenses

Best for: Solana pool liquidity

5.0/10

US access 20%9.0
Regulation 20%3.0
Security record 15%6.0
Cost 15%5.0
Range 10%4.3
Popularity 15%1.0
Data quality 5%7.0

By Vahe Hakobyan Verified October 5, 2026 Medium confidence No affiliate links

Taker fee— Not verified
US states— Not verified
New York— Not verified
Coins— Not verified
CustodyNon-custodial
App Store— Not verified

Our verdict

Raydium is an automated market maker on Solana, live since 2021, with constant-product and concentrated-liquidity pools. DefiLlama showed about $1.36 billion in TVL and $9.86 billion in 30-day volume on October 5, 2026. Most swap fees go to liquidity providers, with 12% used for RAY buybacks. DefiLlama lists exploits in 2022 and June 2026.

Pros

About $1.36 billion TVL, the largest in this Solana group
Permissionless pool creation for 0.15 SOL
Immunefi bug bounty and repeated program audits

Cons

Exploits in December 2022 ($4.4M) and June 2026 ($1.34M)
Official terms page did not load; US access unverified

Raydium fees

Maker / taker: — Not verified
Simple buy: Pool swap fee: 0.25% on Standard AMM pools; 0.01%-1% tiers on CLMM/CPMM pools
Volume tiers: CLMM 0.01/0.05/0.25/1%, CPMM 0.01/0.25/1%, AMM v4 0.25%; 12% of fee to RAY buyback
ACH deposit: — Not verified
Wire deposit: — Not verified
Card purchase: — Not verified
USD withdrawal: — Not verified
Crypto withdrawal: Network fee only
Minimum deposit: — Not verified

Is Raydium available in my state?

No US exclusion was found in the Raydium docs pages opened on 2026-10-05; the official terms/disclaimer page could not be loaded, so front-end geo-blocking is unverified.

The list of states this platform serves is not verified yet.

New York: — Not verified
ID check (KYC): No
Withdraw crypto: Yes
Funding: Crypto

Is Raydium regulated?

US operator: — Not verified
Parent company: — Not verified
State licenses: — Not verified
New York license: — Not verified
Founded: 2021
Headquarters: — Not verified

How secure is Raydium?

Proof of reserves: N/A (non-custodial)
Audits: Audits in 2021, late 2022-early 2023, Q2 2023 and Q1 2024 per official docs (auditor names not captured); Immunefi bug bounty
Insurance: — Not verified

Incidents since 2019

2026exploitDefiLlama lists a $1.34M loss on June 10, 2026, classified as a token and share accounting (infinite mint) exploit.
2022hackDefiLlama lists a $4.4M loss on December 16, 2022, classified as social engineering/malware.

Crypto held on a platform is not covered by FDIC or SIPC insurance.

What you can do on Raydium

Spot
Earn

Apps: Web
Support: — Not verified

Raydium FAQ

What are Raydium's fees?

Simple buy: Pool swap fee: 0.25% on Standard AMM pools; 0.01%-1% tiers on CLMM/CPMM pools.

Can I withdraw crypto from Raydium to my own wallet?

Yes. Raydium lets US users send crypto to an external wallet.

Does Raydium require ID verification?

No account or ID check is needed for on-chain swaps on Raydium.

Alternatives to Raydium

Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.