Raydium price and where to buy RAY

What is Raydium?

Raydium is an automated market maker and liquidity provider on Solana, where many new Solana tokens first trade. RAY is its token, used for rewards and governance, and part of trading fees buys RAY back.

How to buy Raydium, step by step

1. Pick an exchange. RAY is listed on three of the five exchanges we track. Compare fees, funding options and whether it serves your country in our exchange reviews.
2. Create and verify your account. Regulated exchanges ask for identity documents before you can deposit fiat.
3. Fund the account. A bank transfer or a stablecoin deposit usually costs far less than a card payment.
4. Buy RAY. Use the RAY/USDT or RAY/USD market, and check the cheapest venue in the table above first.
5. Decide where to keep it. On the exchange is simplest, but the exchange then holds your coins. RAY is a token on Solana, so withdraw it on the Solana network to a Solana wallet.

Where to buy Raydium at the best price

The cheapest venue right now is marked in the table above. Add its trading fee before comparing: on RAY the venues disagree by about 0.070 percent on average, so on a small purchase the fee and the funding method usually matter more.

• The price on that venue. Each row shows the gap to our composite.
• The trading fee. Our fee comparison lists spot fees side by side.
• How you fund the account. A bank transfer or stablecoin deposit is usually far cheaper than a card payment, which often costs several percent.

Why the Raydium price differs between exchanges

In our minute-by-minute measurement the gap between the highest and lowest venue averaged about 0.070 percent, against about 0.025 percent for Bitcoin. It went above half a percent in about seven minutes out of every thousand, and reached about 2.2 percent at its widest.

About three quarters of the RAY spot volume we track trades on a single venue. The spread figure at the top of this page is the live measurement; our guide on why crypto prices differ between exchanges explains the mechanism.

What moves the Raydium price

The wider crypto market, and in RAY’s case its own news too. In our hourly composite, RAY moved with Bitcoin at a correlation of about 0.31, where 1 would mean identical moves, and its moves were about 6 times the size of Bitcoin’s.

RAY-specific drivers come on top: trading activity on Solana and token launches that use Raydium, and leverage. The funding rates on this page show whether leveraged traders are paying to be long or short right now.

Pros and cons of Raydium

Pros

• Part of trading fees buys RAY back.
• Its average gap between exchanges was tighter than most coins this size in our data.

Cons

• It trades on three of the five exchanges we track, with about three quarters of the volume on one.
• Its hourly moves were about 6 times Bitcoin’s in our data, among the largest we measured.
• Its link to Bitcoin was weak in our data.

Raydium’s highest price

Raydium’s all-time high is about $16.8 on volume-weighted data. The chart above shows the last 30 days of our composite, and the RAY to USD converter applies the live price to any amount.