Ask about Raydium · freeTotal Value Locked$1.004b
TVL by Chain
Solana$1.004b
Key Metrics
Fees 30d$12.77m
Fees 30d by chain
Solana$12.77m
Fees 7d$2.81m
Solana$2.81m
Fees 24h$559,099
Solana$559,099
Cumulative Fees$1.567b
Solana$1.567b
Revenue 30d$2m
Revenue 30d by chain
Solana$2m
Revenue 7d$440,310
Solana$440,310
Revenue 24h$90,039
Solana$90,039
Cumulative Revenue$153.17m
Solana$153.17m
Holders Revenue 30d$1.31m
Holders Revenue 30d by chain
Solana$1.31m
Holders Revenue 7d$271,610
Solana$271,610
Holders Revenue 24h$58,612
Solana$58,612
Cumulative Holders Revenue$67.34m
Solana$67.34m
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$25.97m
Earnings 30d$2m
Earnings 7d$440,310
Earnings 24h$90,039
Cumulative Earnings$153.17m
DEX Volume 30d$4.924b
DEX Volume 30d by chain
Solana$4.924b
DEX Volume 7d$1.091b
Solana$1.091b
DEX Volume 24h$212.61m
Solana$212.61m
Cumulative DEX Volume$739.236b
Solana$739.236b
Perp Volume 30d$254.05m
Perp Volume 30d by chain
Orderly Network$254.05m
Perp Volume 7d$32.85m
Orderly Network$32.85m
Perp Volume 24h$3.72m
Orderly Network$3.72m
Cumulative Perp Volume$8.167b
Orderly Network$8.155b
Solana$12m
Market Cap$463.2m
$RAY Price$1.72
Fully Diluted Valuation$952.26m
Outstanding FDV$743m
$RAY Volume 24h$34.21m
CEX Volume$17.23m
DEX Volume$18.54m(54.2% of total)
Staked$74.98m(16.19% 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 Tracked1611
Average Supply APY92.48%
User Activity
Active Addresses (24h)132,679
Transactions (24h)2.27m
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 Nov 6, 2026.
All-time high TVL: $2.969b on Jan 23, 2025. All-time low TVL: $23.23m on Oct 21, 2023.
Daily TVL, Oct 8, 2026 to Nov 6, 2026
| Date | TVL |
|---|---|
| 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 | $1.091b |
| Oct 31, 2026 | $1.085b |
| Nov 1, 2026 | $1.074b |
| Nov 2, 2026 | $1.069b |
| Nov 3, 2026 | $1.033b |
| Nov 4, 2026 | $1.035b |
| Nov 5, 2026 | $1.074b |
| Nov 6, 2026 | $1.004b |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| 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 31, 2026 | $1.085b |
| Nov 6, 2026 (latest) | $1.004b |
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, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| 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 | $15.44m | $2.47m | $1.56m |
| Nov 2026 (to date) | $2.53m | $400,935 | $249,605 |
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 Nov 6, 2026, Raydium has $1.004b in total value locked. TVL has decreased 25.5% 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 $12.77m in fees. Of that, $2m was protocol revenue. Based on the trailing year, the annualized rate is $165.88m in fees and $25.97m in revenue.
What is the RAY token price and valuation?
RAY is currently trading at $1.73. Its circulating market capitalization is $467.03m, ranking it #152. Its fully diluted valuation is $960.13m. Supply currently stands at 269.96m circulating, 555m total supply, 555m maximum supply.
How has RAY performed recently?
RAY is up 4.9% over the past 7 days and down 24.3% over the past 30 days. Its all-time high is $16.83, reached on Sep 12, 2021. The token is currently 89.7% 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 $4.924b 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.