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Raydium(RAY)

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

All Time High$16.83

All Time Low$0.13

View $RAY token page

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)

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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

Products:

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

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

DateTVL
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

DateTVL
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

DateTVL
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

MonthFeesRevenueHolders 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.