R

Raydium

RAY
RootData List 2025

Solana decentralized exchange and liquidity protocol

Performances

RD Popularity Index

4211.58% (24h)
0100200300400500
Project Rank: 435/15419

RD Growth Index

6460.06% (24h)
0400800120016002000
Project Rank: 239/15419
Comparison:
1h24h7d30d60d90d
0.68%1.31%13.90%85.22%264.97%31.66%

Comparison

Fundraising

Tokenomics

Unlock Progress

Unlocked269M RAY(48.62%)
Locked285M RAY(51.37%)

Data source: CoinGecko

Top Holders

AddressTokenQuantityPercentageValue
0x0291...162eRAY4,7100%$9.98K
0xbe52...a4f4RAY1,163.920%$2.46K
0x4995...58cfRAY1,100.410%$2.33K

Open Markets

#ExchangePairPrice+2% depth-2% depthVolume (24h)volume %
1
HHTXCEX
RAY/USDT$0.9386$1,307$11,238$4,343,0087.84%
2
OOKXCEX
RAY/USDT$0.9355$23,968$52,897$550,5710.99%
3RAY/USDT$0.9358$14,141$25,323$507,9810.92%
4RAY/USDT$0.9355$30,327$46,625$392,0890.71%
5RAY/KRW$0.9461$37,079$26,956$382,9190.69%
6RAY/USDT$0.9425$93,228$76,536$320,0180.58%
7RAY/KRW$0.9449$9,880$2,332$83,3030.15%
8RAY/USDT$0.9385$703$660$53,8040.10%
9RAY/USD$0.9376$13,880$225$41,7870.08%
10RAY/BTC$0.9225$0$0$1,7000.00%

Follow Updates

Follow Lists

People

About Raydium

In 2021, Raydium launched AMM v4, the first hybrid AMM on Solana integrating Serum's order book, establishing its DEX position. In December, the legacy AMM v3 was attacked, losing ~$1.34M; the team fully compensated, showing security resilience.

In 2022, CLMM introduced concentrated liquidity. In 2024, CPMM deployed as a clean rewrite of AMM v4, becoming the default constant product pool; LaunchLab launched, creating 3,760 tokens in week one.

In 2025, CLMM TVL surpassed $1B, and CPMM TVL overtook AMM v4, marking maturity. Cumulative buybacks reached 71M RAY (26.4% of supply) for $196.3M. Coinbase and Upbit listed RAY, expanding liquidity.

Updated: Sep 1, 2026

Timon Peng (Co-Founder, Twitter: https://x.com/TimonPeng)

Timon Peng co-founded Raydium in 2021, a Solana-native AMM leveraging Serum's central order book. He previously worked as a full-stack engineer and security researcher, with 10+ years in crypto since 2013. He led engineering for Raydium's frontend, API, and SDK, and contributed to the protocol's migration to OpenBook after the FTX collapse. No other co-founders or current core executives were identified in the provided sources.

Updated: Sep 1, 2026