Total Value Locked$1.185b
TVL by Chain
Solana$1.185b
Key Metrics
Fees 30d$32.18m
Fees 30d by chain
Solana$32.18m
Fees 7d$2.97m
Solana$2.97m
Fees 24h$490,565
Solana$490,565
Cumulative Fees$1.559b
Solana$1.559b
Revenue 30d$5.34m
Revenue 30d by chain
Solana$5.34m
Revenue 7d$467,034
Solana$467,034
Revenue 24h$75,331
Solana$75,331
Cumulative Revenue$151.95m
Solana$151.95m
Holders Revenue 30d$3.17m
Holders Revenue 30d by chain
Solana$3.17m
Holders Revenue 7d$330,598
Solana$330,598
Holders Revenue 24h$55,613
Solana$55,613
Cumulative Holders Revenue$66.57m
Solana$66.57m
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$26.63m
Earnings 30d$5.34m
Earnings 7d$467,034
Earnings 24h$75,331
Cumulative Earnings$151.95m
DEX Volume 30d$8.023b
DEX Volume 30d by chain
Solana$8.023b
DEX Volume 7d$1.203b
Solana$1.203b
DEX Volume 24h$194.71m
Solana$194.71m
Cumulative DEX Volume$736.296b
Solana$736.296b
Perp Volume 30d$242.49m
Perp Volume 30d by chain
Orderly Network$242.49m
Perp Volume 7d$98.18m
Orderly Network$98.18m
Perp Volume 24h$19.47m
Orderly Network$19.47m
Cumulative Perp Volume$8.045b
Orderly Network$8.033b
Solana$12m
Market Cap$496.75m
$RAY Price$1.84
Fully Diluted Valuation$1.021b
Outstanding FDV$794.84m
$RAY Volume 24h$42.72m
CEX Volume$22.65m
DEX Volume$20.2m(47.28% of total)
Staked$81.56m(16.42% 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 Tracked1428
Average Supply APY102.74%
User Activity
Active Addresses (24h)129,881
Transactions (24h)1.93m
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
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
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 17, 2026.
All-time high TVL: $2.969b on Jan 23, 2025. All-time low TVL: $23.23m on Oct 21, 2023.
Daily TVL, Sep 18, 2026 to Oct 17, 2026
| Date | TVL |
|---|---|
| Sep 18, 2026 | $1.182b |
| Sep 19, 2026 | $1.276b |
| Sep 20, 2026 | $1.248b |
| Sep 21, 2026 | $1.263b |
| Sep 22, 2026 | $1.324b |
| Sep 23, 2026 | $1.343b |
| Sep 24, 2026 | $1.309b |
| Sep 25, 2026 | $1.324b |
| Sep 26, 2026 | $1.369b |
| Sep 27, 2026 | $1.361b |
| Sep 28, 2026 | $1.352b |
| Sep 29, 2026 | $1.319b |
| Sep 30, 2026 | $1.342b |
| 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 |
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 17, 2026 (latest) | $1.178b |
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) | $9.8m | $1.6m | $1m |
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 17, 2026, Raydium has $1.185b in total value locked. TVL has increased 6.5% 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 $32.18m in fees. Of that, $5.34m was protocol revenue. Based on the trailing year, the annualized rate is $170.74m in fees and $26.63m in revenue.
What is the RAY token price and valuation?
RAY is currently trading at $1.85. Its circulating market capitalization is $498.53m, ranking it #161. Its fully diluted valuation is $1.025b. Supply currently stands at 269.96m circulating, 555m total supply, 555m maximum supply.
How has RAY performed recently?
RAY is down 21.2% over the past 7 days and up 30.4% over the past 30 days. Its all-time high is $16.83, reached on Sep 12, 2021. The token is currently 89% 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 $8.023b 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.

