Raydium

24h change: -9.75%. From $0.7014 to $0.633.

• Raydium's RAY token has climbed more than 25% in 24 hours amid a DeFi rally on Solana, reaching prices around $0.71. Trading volume exceeded $150 million during this period. This reflects renewed interest in Raydium as a leading automated market maker on the Solana network.
• Solana perpetuals platform Drift Protocol suffered a major exploit where attackers drained over $270 million using a fake token listed via a compromised admin key. The attack leveraged a low-liquidity Raydium pool to fake oracle pricing and bypass safeguards. This event underscores persistent vulnerabilities in DeFi composability and multisig protections.

24h change: +26.38%. From $0.555 to $0.7014.

• Raydium captured a major share of Solana's $4.2 billion in trading fees during 2025, confirming its status as a top-three automated market maker. Annualized fees reach $87 million with $12.6 million in revenue, per DefiLlama data. This highlights Raydium's key role in Solana DeFi liquidity and trading activity.
• The Block awards Raydium a 3.9 score as a top DEX for spot trading, praising its blend of automated market making and order-book liquidity on Solana. Low-cost spot trading supports its dominance in Solana's ecosystem. This ranking underscores Raydium's efficiency for users seeking reliable liquidity.

24h change: -3.25%. From $0.5745 to $0.5558.

• Raydium has generated nearly $704 billion in cumulative spot trading volume over three years, leading competitors like Orca at $460 billion and Meteora at $280 billion. Major Solana DEXs combined exceed $2.7 trillion in volume. This dominance provides deep liquidity and low-cost trades central to Solana DeFi
• Solana on-chain activity contracted to an 18-month low as of March 20, pressuring DApp revenues. Raydium fee income faces headwinds from reduced network usage. This slowdown highlights challenges in sustaining protocol earnings
• Hackers seized the domain of Bonk.fun, a Raydium-backed Solana token launchpad supported by BONK, and installed a wallet drainer on March 12. Operators warned users to steer clear of the compromised site. The incident underscores persistent security vulnerabilities in DeFi tools

24h change: +0.89%. From $0.568 to $0.5731.

• Raydium integrated USD1 (WLFI) stablecoin on Solana, helping grow its supply from $160 million to $855 million. The move deepens liquidity pools and boosts trading volumes. This strengthens the ecosystem and supports RAY utility.
• Raydium rolled out perpetuals trading for tokenized assets like gold (XAU), silver (XAG), and S&P 500 (SPX) offering up to 20x leverage. This expands DeFi options on Solana. It draws more traders to the platform amid growing RWA interest.
• Solana on-chain activity fell to an 18-month low, pressuring Raydium fee income. This reflects broader network slowdown. DEX performance ties closely to overall Solana usage.

24h change: +0.00%. From $0.5645 to $0.5645.

• 21Shares reached 50 crypto ETPs in Europe by launching products tracking decentralized AI protocols and Raydium's RAY token. The ARAY ETP offers regulated exposure to the Solana-based DEX. This move underscores increasing institutional access to Solana DeFi.
• Raydium is positioning for Solana's perpetuals market with new features like RWA perps for assets such as gold and stocks, up to 20x leverage. This builds on its AMM dominance and integrates with Orderly for gas-free trading. It aims to capture more trading volume on Solana.
• Raydium launched LaunchLab as an alternative to Pump.fun's token launches, amid rumors and competition in Solana meme coin trading. PumpSwap briefly overtook Raydium in DEX volume. These developments reflect intense rivalry in Solana's high-volume DEX sector.