Raydium (RAY)
Total Value Locked$2.12b
TVL by Chain
Solana$2.12b
Key Metrics
Fees (Annualized)$698m
Fees 30d$57.21m
Fees 7d$15.1m
Fees 24h$2.38m
Cumulative Fees$1.266b
Revenue (Annualized)$192.79m
Revenue 30d$15.8m
Revenue 7d$4.55m
Revenue 24h$701,103
Cumulative Revenue$111.81m
Holders Revenue (Annualized)$97.17m
Holders Revenue 30d$7.97m
Holders Revenue 7d$2.16m
Holders Revenue 24h$337,456
Cumulative Holders Revenue$651.88m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$192.79m
Earnings 30d$15.8m
Earnings 7d$4.55m
Earnings 24h$701,103
Cumulative Earnings$111.81m
DEX Volume 30d$30.257b
DEX Volume 7d$8.794b
DEX Volume 24h$1.228b
Cumulative DEX Volume$579.312b
Perp Volume 30d$641.31m
Perp Volume 7d$182.89m
Perp Volume 24h$19.9m
Cumulative Perp Volume$3.08b
Market Cap$838.63m
$RAY Price$3.14
All Time High$16.83
All Time Low$0.13
Fully Diluted Valuation$1.74b
$RAY Volume 24h$118.74m
CEX Volume$73.64m
DEX Volume$44.99m(37.89% of total)
Staked$98.56m(11.75% of mcap)
$RAY Liquidity$31.26m
Raydium AMM$30.65m
Orca$610,683
Raydium (RAY)
Total Value Locked$2.12b
TVL by Chain
Solana$2.12b
Key Metrics
Fees (Annualized)$698m
Fees 30d$57.21m
Fees 7d$15.1m
Fees 24h$2.38m
Cumulative Fees$1.266b
Revenue (Annualized)$192.79m
Revenue 30d$15.8m
Revenue 7d$4.55m
Revenue 24h$701,103
Cumulative Revenue$111.81m
Holders Revenue (Annualized)$97.17m
Holders Revenue 30d$7.97m
Holders Revenue 7d$2.16m
Holders Revenue 24h$337,456
Cumulative Holders Revenue$651.88m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$192.79m
Earnings 30d$15.8m
Earnings 7d$4.55m
Earnings 24h$701,103
Cumulative Earnings$111.81m
DEX Volume 30d$30.257b
DEX Volume 7d$8.794b
DEX Volume 24h$1.228b
Cumulative DEX Volume$579.312b
Perp Volume 30d$641.31m
Perp Volume 7d$182.89m
Perp Volume 24h$19.9m
Cumulative Perp Volume$3.08b
Market Cap$838.63m
$RAY Price$3.14
All Time High$16.83
All Time Low$0.13
Fully Diluted Valuation$1.74b
$RAY Volume 24h$118.74m
CEX Volume$73.64m
DEX Volume$44.99m(37.89% of total)
Staked$98.56m(11.75% of mcap)
$RAY Liquidity$31.26m
Raydium AMM$30.65m
Orca$610,683
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
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
SourceIncome Statement for Raydium
| Q3 2025* | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fees | $57.79m | $86.38m | $406.97m | $411.65m | $102.36m | $71.63m | $79.21m | $33.49m | $3.31m | $2.51m | $7.29m | $3.07m |
| Revenue | $15.84m | $13.17m | $29.21m | $25.33m | $4.81m | $8.6m | $9.44m | $4.02m | $325,468 | $300,913 | $515,689 | $262,196 |
| Earnings | $15.84m | $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 | $8.02m | $8.11m | $0 | $0 | $612.96m | $8.6m | $9.38m | $4.02m | $270,421 | $300,913 | $208,178 | $0 |