Raydium (RAY)

Total Value Locked$2.083b

TVL by Chain

Solana$2.083b

Key Metrics

Fees (Annualized)$732.35m

Fees 30d$60.03m

Fees 7d$14.4m

Fees 24h$1.91m

Cumulative Fees$1.269b

Revenue (Annualized)$205.08m

Revenue 30d$16.81m

Revenue 7d$4.28m

Revenue 24h$600,126

Cumulative Revenue$113.02m

Holders Revenue (Annualized)$102.34m

Holders Revenue 30d$8.39m

Holders Revenue 7d$2.05m

Holders Revenue 24h$276,510

Cumulative Holders Revenue$652.43m

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$205.08m

Earnings 30d$16.81m

Earnings 7d$4.28m

Earnings 24h$600,126

Cumulative Earnings$113.02m

DEX Volume 30d$30.948b

DEX Volume 7d$8.039b

DEX Volume 24h$976.52m

Cumulative DEX Volume$576.278b

Perp Volume 30d$697.09m

Perp Volume 7d$191.24m

Perp Volume 24h$27.23m

Cumulative Perp Volume$3.154b

Market Cap$770.6m

$RAY Price$2.88

All Time High$16.83

All Time Low$0.13

Fully Diluted Valuation$1.599b

$RAY Volume 24h$50.27m

CEX Volume$29.58m

DEX Volume$20.67m(41.12% of total)

Staked$95.22m(12.36% of mcap)

$RAY Liquidity$28.32m

Raydium AMM$28.32m

Protocol Information

Raydium is an automated market maker (AMM) built on the Solana blockchain which enables lightning-fast trades, permissionless pool creation, and new features for earning yield

Yields

Pools Tracked3051

Average APY1,098%

View all Yields

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:
Raydium AMM: Total trading fees collected from users across all pool types.View code on GitHubLaunchLab: 1% platform fee on all transactions.View code on GitHub

Revenue:
Raydium AMM: Protocol's total revenue, derived from Treasury allocations and RAY buybacks.View code on GitHubLaunchLab: 0.25% burned + 0.75% to protocol of 1% platform feesView code on GitHub

Holders Revenue:
Raydium AMM: Fees allocated to RAY token buybacks (12% across all pool types).View code on GitHubLaunchLab: 0.25% of platform fees are burned.View code on GitHub

DEX Volume: Volume of all spot token swaps that go through the protocol

Perp Volume: Notional volume of all trades in the protocol, includes leverage

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Hacks

Date: Dec 16, 2022

Protocol: Raydium AMM

Amount: $4.4m

Classification: Infrastructure

Technique: Private Key Compromised (Unknown Method)

Chains: Solana

Language: Rust

Target Type: DeFi Protocol

Source

Income Statement for Raydium

Q3 2025*Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022
Fees$61.57m$86.38m$406.97m$411.65m$102.36m$71.63m$79.21m$33.49m$3.31m$2.51m$7.29m$3.07m
Revenue$17.04m$13.17m$29.21m$25.33m$4.81m$8.6m$9.44m$4.02m$325,468$300,913$515,689$262,196
Earnings$17.04m$13.17m$29.21m$25.33m$4.81m$8.6m$9.44m$4.02m$325,468$300,913$515,689$262,196
Token Holder Net Income$8.57m$8.11m$0$0$612.96m$8.6m$9.38m$4.02m$270,421$300,913$208,178$0