Ask about Raydium · freeTotal Value Locked$1.071b
TVL by Chain
Solana$1.071b
Key Metrics
Fees 30d$15.24m
Fees 30d by chain
Solana$15.24m
Fees 7d$3.11m
Solana$3.11m
Fees 24h$456,332
Solana$456,332
Cumulative Fees$1.565b
Solana$1.565b
Revenue 30d$2.44m
Revenue 30d by chain
Solana$2.44m
Revenue 7d$478,784
Solana$478,784
Revenue 24h$67,319
Solana$67,319
Cumulative Revenue$152.79m
Solana$152.79m
Holders Revenue 30d$1.54m
Holders Revenue 30d by chain
Solana$1.54m
Holders Revenue 7d$295,479
Solana$295,479
Holders Revenue 24h$46,374
Solana$46,374
Cumulative Holders Revenue$67.11m
Solana$67.11m
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$26.27m
Earnings 30d$2.44m
Earnings 7d$478,784
Earnings 24h$67,319
Cumulative Earnings$152.79m
DEX Volume 30d$5.305b
DEX Volume 30d by chain
Solana$5.305b
DEX Volume 7d$1.104b
Solana$1.104b
DEX Volume 24h$200.04m
Solana$200.04m
Cumulative DEX Volume$738.345b
Solana$738.345b
Perp Volume 30d$259.62m
Perp Volume 30d by chain
Orderly Network$259.62m
Perp Volume 7d$45.19m
Orderly Network$45.19m
Perp Volume 24h$10.46m
Orderly Network$10.46m
Cumulative Perp Volume$8.145b
Orderly Network$8.133b
Solana$12m
Market Cap$441.04m
$RAY Price$1.63
Fully Diluted Valuation$906.7m
Outstanding FDV$704.12m
$RAY Volume 24h$33.88m
CEX Volume$15.22m
DEX Volume$13.68m(40.39% of total)
Staked$72.59m(16.46% of mcap)
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
- Raydium AMMDexs
- Raydium PerpsInterface
- LaunchLabLaunchpad
Yields
Pools Tracked1540
Average Supply APY76.71%
User Activity
Active Addresses (24h)124,599
Transactions (24h)2.17m
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
DEX Volume: Volume of all spot token swaps on the DEX
Perp Volume: Notional volume of all trades including leverage on the perp exchange
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: Social Engineering
Technique: Malware
On December 16, 2022, Raydium AMM private keys were compromised by trojan malware; attacker gained admin access and modified SyncNeedTake pool parameters to extract $4.4M without burning LP tokens. Raydium patched within 4 hours and recovered governance.
Chains: Solana
Language: Rust
Target Type: DeFi Protocol
Date: Jun 10, 2026
Protocol: Raydium AMM
Amount: $1.34m
Classification: Token & Share Accounting
Technique: Infinite Mint
Raydium on Solana lost $1.34M on June 10, 2026 in its deprecated AMM V3 program when attacker bypassed LP token validation using a fake token address. Attacker drained inactive pools containing USDC, SOL and RAY by bypassing proportion checks.
Chains: Solana
Language: Rust
Target Type: DeFi Protocol
Raydium history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Mar 17, 2021 to Oct 30, 2026.
All-time high TVL: $2.969b on Jan 23, 2025. All-time low TVL: $23.23m on Oct 21, 2023.
Daily TVL, Oct 1, 2026 to Oct 30, 2026
| Date | TVL |
|---|---|
| Oct 1, 2026 | $1.34b |
| Oct 2, 2026 | $1.35b |
| Oct 3, 2026 | $1.349b |
| Oct 4, 2026 | $1.354b |
| Oct 5, 2026 | $1.351b |
| Oct 6, 2026 | $1.349b |
| Oct 7, 2026 | $1.347b |
| Oct 8, 2026 | $1.296b |
| Oct 9, 2026 | $1.232b |
| Oct 10, 2026 | $1.242b |
| Oct 11, 2026 | $1.244b |
| Oct 12, 2026 | $1.256b |
| Oct 13, 2026 | $1.213b |
| Oct 14, 2026 | $1.21b |
| Oct 15, 2026 | $1.156b |
| Oct 16, 2026 | $1.184b |
| Oct 17, 2026 | $1.178b |
| Oct 18, 2026 | $1.17b |
| Oct 19, 2026 | $1.176b |
| Oct 20, 2026 | $1.183b |
| Oct 21, 2026 | $1.203b |
| Oct 22, 2026 | $1.193b |
| Oct 23, 2026 | $1.181b |
| Oct 24, 2026 | $1.162b |
| Oct 25, 2026 | $1.16b |
| Oct 26, 2026 | $1.141b |
| Oct 27, 2026 | $1.13b |
| Oct 28, 2026 | $1.146b |
| Oct 29, 2026 | $1.148b |
| Oct 30, 2026 | $1.071b |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $2.384b |
| Dec 31, 2024 | $2.093b |
| Jan 31, 2025 | $2.738b |
| Feb 28, 2025 | $1.225b |
| Mar 31, 2025 | $1.135b |
| Apr 30, 2025 | $1.305b |
| May 31, 2025 | $1.787b |
| Jun 30, 2025 | $1.756b |
| Jul 31, 2025 | $2.083b |
| Aug 31, 2025 | $2.294b |
| Sep 30, 2025 | $2.322b |
| Oct 31, 2025 | $2.072b |
| Nov 30, 2025 | $1.52b |
| Dec 31, 2025 | $1.42b |
| Jan 31, 2026 | $1.339b |
| Feb 28, 2026 | $995.75m |
| Mar 31, 2026 | $992.47m |
| Apr 30, 2026 | $983.37m |
| May 31, 2026 | $977.05m |
| Jun 30, 2026 | $859.26m |
| Jul 31, 2026 | $828.71m |
| Aug 31, 2026 | $1.097b |
| Sep 30, 2026 | $1.342b |
| Oct 30, 2026 (latest) | $1.071b |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $1.55b |
| Dec 31, 2022 | $27.83m |
| Dec 31, 2023 | $134.08m |
| Dec 31, 2024 | $2.093b |
| Dec 31, 2025 | $1.42b |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $211.81m | $13.16m | $0 |
| Dec 2024 | $134.62m | $8.63m | $0 |
| Jan 2025 | $295.84m | $22.67m | $0 |
| Feb 2025 | $88.49m | $5.05m | $0 |
| Mar 2025 | $22.63m | $1.49m | $0 |
| Apr 2025 | $27.25m | $2.64m | $529,363 |
| May 2025 | $44.14m | $6.81m | $4.8m |
| Jun 2025 | $24.86m | $3.72m | $2.78m |
| Jul 2025 | $99.45m | $17.34m | $8.65m |
| Aug 2025 | $36.6m | $5.92m | $3.7m |
| Sep 2025 | $28.24m | $4.45m | $3.03m |
| Oct 2025 | $22.85m | $3.46m | $2.62m |
| Nov 2025 | $15.18m | $2.24m | $1.75m |
| Dec 2025 | $15.83m | $2.43m | $1.67m |
| Jan 2026 | $21.88m | $3.53m | $2.17m |
| Feb 2026 | $12.85m | $1.96m | $1.44m |
| Mar 2026 | $9.24m | $1.39m | $941,218 |
| Apr 2026 | $5.84m | $844,923 | $650,418 |
| May 2026 | $7.3m | $1.09m | $844,684 |
| Jun 2026 | $4.96m | $729,682 | $578,319 |
| Jul 2026 | $3.64m | $541,955 | $414,672 |
| Aug 2026 | $9.24m | $1.4m | $1.09m |
| Sep 2026 | $45.5m | $7.47m | $4.7m |
| Oct 2026 (to date) | $15.58m | $2.49m | $1.58m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/raydium
Frequently asked questions
What is Raydium's TVL?
As of Oct 30, 2026, Raydium has $1.071b in total value locked. TVL has decreased 20.2% over the past 30 days.
What chains does Raydium operate on?
Raydium operates on 2 chains: Solana and Orderly Network. Solana holds the largest share at 100%.
How much has Raydium generated in fees and revenue?
Over the past 30 days, Raydium generated $15.24m in fees. Of that, $2.44m was protocol revenue. Based on the trailing year, the annualized rate is $168.1m in fees and $26.27m in revenue.
What is the RAY token price and valuation?
RAY is currently trading at $1.64. Its circulating market capitalization is $442.85m, ranking it #164. Its fully diluted valuation is $910.42m. Supply currently stands at 269.96m circulating, 555m total supply, 555m maximum supply.
How has RAY performed recently?
RAY is down 8.6% over the past 7 days and down 16.6% over the past 30 days. Its all-time high is $16.83, reached on Sep 12, 2021. The token is currently 90.3% below that level.
Which protocols are included in Raydium?
Raydium is a parent protocol whose tracked products include Raydium AMM, Raydium Perps, and LaunchLab.
How much trading volume does Raydium process?
Raydium processed $5.305b in DEX volume over the past 30 days.
Has Raydium ever been exploited?
Raydium has 2 recorded security incidents. The most recent incident occurred on Jun 10, 2026 and involved $1.34m. It was classified as Token & Share Accounting.