Raydium RAY

Rank #113 by market cap

$1.92
1H▼2.16% 24H▼8.01% 7D▼21.84%

Last 7 days

High $2.52Low $1.97

CM Profile: Raydium

Cryptominium Profile. What we have established, measured and written about RAY, and what we have not.

Measured

Read from our own records when this page was made. It describes what we know, and is not a view on whether to hold RAY. How each part is worked out

What changed

Week to 14 October

From our own measurements only, each against the month before. We do not say why a price moves. How this is worked out · Every coin this week

What it actually costs to sell RAY

Selling $100,000 of RAY into each exchange’s resting bids, measured against the mid price:

ExchangeLostGot backMeasured
Coinbase RAY/USD 0.48% $99,515 2026-10-14
Kraken RAY/USD 0.51% $99,491 2026-10-14

Exchange figures need an account there (and KYC, a permitted country, the tokens already deposited), are before trading fees, and are never averaged with the on-chain figure. Binance is not included: it refuses requests from the region our servers are in. How this is measured →

Watch this number instead of remembering it. A free account keeps RAY on a list, records where it stood the day you added it, and emails you if selling it on these exchanges gets materially harder — one message, not a series. The measurement itself stays public; the account is for being told when it moves without you looking.

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24h low $1.92 24h high $2.08
Market cap
$518.11M
24h volume
$39.19M
Circulating supply
269,963,573 RAY
Max supply
555,000,000
All-time high
$16.83
▼88.59% from ATH · Sep 2021
All-time low
$0.1344
Dec 2022

What Raydium is

Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange. It was positioned as an early AMM within the Serum ecosystem, intended to act as a bridge for projects expanding onto Solana and Serum, with the RAY token serving as a foundation for that development.

Raydium's distinguishing mechanism, per its own description, is that it supplies on-chain liquidity directly to a central limit orderbook rather than operating a siloed liquidity pool. This means liquidity providers on Raydium are exposed to the order flow of the broader Serum orderbook, rather than only to trades routed through Raydium itself. The stated long-term aim is to hold a leadership position among AMMs on Serum while using Solana's infrastructure to support DeFi activity more broadly.

What this amounts to depends heavily on Serum, the orderbook venue Raydium was built around — the source describes a dependency, not a self-contained design, and says nothing about what happens to that mechanism if Serum's role changes. CoinGecko's classification places RAY across DEX, AMM, yield farming, perpetuals, launchpad and Solana-ecosystem categories, which indicates a protocol that has broadened beyond a single function rather than one with a narrow, fixed purpose — useful to know, but not a guarantee of performance in any of those areas. Raydium is deployed on a single chain, Solana, so its liquidity, uptime and usage are tied to that network's conditions rather than spread across multiple chains. Nothing in the source states token supply, revenue mechanics, or governance rights for RAY holders, and none should be assumed.

What Raydium can do

Be sold for dollars
Yes
Through An account at an exchange

Selling $100,000 on Coinbase lost 0.48% against the mid price, before trading fees. Check your own amount →

Our own measurement · measured 14 October 2026

Earn a return by itself
Yes
Through Raydium's staking program PowerMap: Raydium staking program

RAY can be staked in the Raydium app, and the rewards are paid in more RAY.

Source: Raydium docs: staking · checked 2 October 2026

Run applications
No

RAY does not run applications. It is a token on Solana. A portion of Raydium's trading fees is used to buy it back, and the docs say RAY is not needed to swap or to use Raydium.

Source: Raydium docs: RAY · checked 2 October 2026

Limit its own supply
Yes
Through Nobody

RAY has a maximum supply of 555 million, and the authority to create more is disabled. About 1.9 million a year is still released from a reserve set aside inside that total.

Source: Raydium docs: RAY · checked 2 October 2026

What a coin can do is not a reason to buy it or to sell it. Each answer names its source and the day we read it; where we could not source one, the row is left out. How these are written · Every coin we have written up

Where RAY lives

Solana
6 decimals
On-chain, read 14 October Mint authority: none · Freeze authority: none · Solscan

On Solana, a mint authority can create more of the token and a freeze authority can freeze it in a holder's account; both are read from the token itself, every day. Where a token exists on several chains, one copy's settings say nothing about the original coin.

Always verify a contract address against the project's own site before sending anything. Addresses are shown as published by CoinGecko, not as an endorsement — and identical-looking tokens on other chains are the most common way people lose money here.

Links reported by CoinGecko — not checked by us
Classified by CoinGecko as Decentralized Exchange (DEX) Exchange-based Tokens Decentralized Finance (DeFi) Yield Farming Automated Market Maker (AMM) Perpetuals

Price change

1h
▼2.16%
24h
▼8.01%
7d
▼21.84%

Raydium data synced 84s ago from CoinGecko. Figures shown in USD. This page is market information, not financial advice — and nothing here is a recommendation to buy or sell RAY.

The exit-friction index

Once a month we publish what a $100,000 exit really costs across every token we can measure. Leave an address and this month’s figure arrives straight away, and we will write again when the next index publishes. Nothing else, and never to anyone else.