R

Raydium

RAY

RootData List 2025

Solana decentralized exchange and liquidity protocol

Performances

Comparison:
1h24h7d30d60d90d
2.09%0.07%15.91%146.09%241.22%31.66%

Comparison

Total Raised:--

Fundraising not disclosed

FDV:--

Token not listed

24h Trading Volume:--

Token not listed

Open Markets

#ExchangePairPrice+2% depth-2% depthVolume (24h)volume %

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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