If you've been exploring Solana's DeFi scene, you've probably run into the name Raydium more than once. This guide breaks down what Raydium on Solana actually is, how the platform works as aIf you've been exploring Solana's DeFi scene, you've probably run into the name Raydium more than once. This guide breaks down what Raydium on Solana actually is, how the platform works as a
مرکز دانستنی ها/دایره المعارف بلاک چین/مفاهیم محبوب/Raydium Solana: What It Is, How It Works, and How to Get Started
Raydium Solana: What It Is, How It Works, and How to Get Started
If you've been exploring Solana's DeFi scene, you've probably run into the name Raydium more than once.
This guide breaks down what Raydium on Solana actually is, how the platform works as a decentralized exchange and automated market maker, and how you can start trading or earning on it — even if you've never touched DeFi before.
Key Takeaways
- Raydium is Solana's largest decentralized exchange by liquidity, built on an automated market maker (AMM) model that replaces traditional buyers-and-sellers matching.
- Trades on Raydium settle in under a second with network fees typically under $0.01, making it significantly cheaper than most Ethereum-based DEXs.
- Standard AMM pools charge a 0.25% swap fee; CLMM pools offer flexible tiers from 0.01% to 2%, both fully documented in Raydium's official protocol docs.
- Getting started requires only a Phantom wallet, a small amount of SOL for gas, and a connection to raydium.io — no account sign-up or identity verification needed.
- Liquidity providers earn a share of every swap fee generated by their pool, but should understand impermanent loss risk before depositing.
- LaunchLab, Raydium's native token launchpad launched in April 2025, has become the protocol's primary revenue driver and the default home for new Solana token launches.
What Is Raydium on Solana — And Why It Dominates Solana DeFi
Raydium is a decentralized exchange (DEX) and automated market maker (AMM) built natively on the Solana blockchain.
It launched in February 2021, and by July 2025, it had crossed $1 trillion in cumulative trading volume — a milestone that puts it firmly among the most significant DeFi protocols ever built on Solana.
Unlike centralized platforms, Raydium lets you trade directly from your own crypto wallet, with no account sign-up, no identity verification, and no company holding your funds.
The reason Raydium lives on Solana specifically comes down to two things: speed and cost.
Solana processes transactions in under a second, and network fees on Raydium typically cost less than $0.01 per trade — a stark contrast to the dollar-plus fees common on Ethereum-based DEXs during busy periods.
As of 2025, Raydium holds over $2 billion in Total Value Locked (TVL), making it the largest decentralized exchange by liquidity on Solana.
How Raydium Works — Solana AMM, CLMM Pools, and Swap Fees
How the Raydium AMM Model Replaces Traditional Order Books
On a traditional exchange, you buy from someone who's actively selling at the same moment.
Raydium's AMM (Automated Market Maker) model works differently — instead of matching buyers with sellers, it routes your trade through a liquidity pool: a smart contract holding two tokens.
When you swap SOL for USDC on Raydium, you're trading against that pool, not against another person.
The exchange rate adjusts automatically based on the ratio of tokens in the pool, so the larger your trade relative to the pool, the more the price moves — this is what traders call price impact.
Standard AMM vs. CLMM — What's the Difference?
Raydium currently offers two main pool types for liquidity providers.
Standard AMM pools (also called constant product pools) spread liquidity across all possible price ranges automatically — they're the simpler, lower-maintenance option, best for new token launches and volatile assets.
CLMM (Concentrated Liquidity Market Maker) pools let liquidity providers focus their capital within a specific price range, which makes them far more capital-efficient — but they require active management.
For most beginners just looking to swap tokens, the distinction doesn't change your day-to-day experience: Raydium automatically routes every swap through the best available pool.
Raydium Swap Fees — What You Actually Pay
Every trade on Raydium carries a small swap fee, and where that fee goes matters.
For standard AMM pools, the fee is 0.25% per swap — the majority goes directly to liquidity providers, with a portion allocated to RAY token buybacks. CLMM and CPMM pools use a different split: 84% to liquidity providers, 12% to RAY buybacks, and 4% to the protocol treasury.
CLMM pools offer variable fee tiers ranging from 0.01% to 2%, chosen by the pool creator based on the asset's volatility.
These aren't hidden charges — Raydium's fee structure is fully transparent and documented in its official protocol docs.
How to Use Raydium on Solana — Step-by-Step for Beginners
Getting started with the Raydium Solana DEX is simpler than most people expect.
First, you'll need a Solana-compatible wallet — Phantom is the most widely used and takes about two minutes to set up as a browser extension.
Second, you need SOL in that wallet to cover network transaction fees. You can buy SOL on MEXC and withdraw it directly to your Phantom wallet address.
Third, go to raydium.io, click "Connect Wallet" in the top right, select Phantom, and approve the connection.
From there, the Raydium swap interface is straightforward: select the token you want to trade from, select the token you want to receive, enter the amount, and confirm.
One practical tip: always keep at least 0.05 SOL in your wallet to cover transaction fees — if you run out of SOL, you won't be able to execute any actions, including withdrawals.
For memecoins and new token listings on Raydium, consider adjusting your slippage tolerance to 1–3%, since low-liquidity pools move quickly.
Ways to Earn on Raydium Solana — Liquidity Pools, Farming, and RAY Rewards
Providing Liquidity to Raydium Pools
When you add liquidity to a Raydium pool, you're depositing a pair of tokens — say, SOL and USDC — into a smart contract that other traders swap against.
In return, you earn a share of every swap fee generated by that pool, proportional to your contribution.
Liquidity providers on Raydium earn a share of every swap fee generated by that pool, proportional to their contribution — across all pool types, this has amounted to tens of millions of dollars in aggregate fees each quarter.
The key risk to understand here is impermanent loss: if the price of one token in your pair moves significantly relative to the other, you may end up with less total value than if you'd simply held those tokens in your wallet.
Yield Farming and RAY Token Rewards
Beyond base swap fees, Raydium offers yield farming through its Farms feature.
When a pool is incentivized, you can stake your LP (liquidity provider) tokens in a Farm and earn additional RAY token rewards on top of the trading fees you're already collecting.
RAY is Raydium's native governance and utility token, with a fixed total supply of 555 million tokens.
Farms are particularly active around newly launched Solana tokens — projects often bootstrap early liquidity by offering high RAY rewards to early liquidity providers.
Raydium LaunchLab — Discovering New Solana Token Launches
One feature that sets Raydium apart from other Solana DEXs is LaunchLab, its native token launchpad that went live in April 2025.
LaunchLab lets anyone create and launch a new Solana token for free, with liquidity automatically migrating to a Raydium AMM or CPMM pool once the bonding curve fills.
This replaced the earlier Pump.fun integration — where tokens that "graduated" from Pump.fun's bonding curve would migrate directly to Raydium pools — and made Raydium the default home for new Solana meme coin launches.
According to Raydium's protocol data, LaunchLab generated $12.8 million in revenue in Q3 2025, marking a significant increase over the previous quarter.
FAQ
What is Raydium on Solana?
Raydium is a decentralized exchange and automated market maker built on the Solana blockchain that lets users swap tokens, provide liquidity, and earn yield with near-zero fees.
What is Raydium's swap fee on Solana?
Standard AMM pools charge 0.25%, while CLMM pools offer variable tiers ranging from 0.01% to 2% depending on the pool configuration.
What is Raydium's TVL on Solana?
Raydium's TVL reached $2.5 billion at the close of Q3 2025, ranking it among Solana's largest DeFi protocols by total value locked.
How do I create a liquidity pool on Raydium Solana?
Connect your Phantom wallet at raydium.io, navigate to the Liquidity section, select or create a pool, deposit a token pair, and confirm the transaction — pool creation carries a small SOL fee.
What is the cost to create a liquidity pool on Raydium Solana?
CPMM pool creation costs approximately 0.15 SOL in protocol fees plus minor Solana network fees; CLMM pool creation averages around 0.1 SOL in total.
What is Raydium LaunchLab on Solana?
LaunchLab is Raydium's native token launchpad launched in April 2025, allowing anyone to create and launch a Solana token for free with automatic liquidity pool migration.
Is Orca or Raydium better for beginners on Solana?
Orca is often recommended for absolute beginners due to its simpler interface, but Raydium offers deeper liquidity and a wider selection of trading pairs and new token launches.
Conclusion
Raydium is the backbone of Solana DeFi — fast, cheap, and packed with tools that go well beyond a basic token swap.
For beginners, the swap interface is genuinely approachable once you have a Phantom wallet and a small amount of SOL to get started.
If you want exposure to the RAY token or SOL before diving into the DEX directly, MEXC offers both with straightforward onboarding.
Whether you're here to swap, explore new Solana token launches, or earn through liquidity pools, Raydium is the most complete platform Solana DeFi has to offer.
فرصت های بازار
قیمت لحظه ای ()
--
----
USD
نمودار قیمت لحظه ای ()
مقالات پرطرفدار
بیشتر ببینید
گزارش هفتگی تحقیقات معامله گر آلفای MEXC | واگرایی نادر NFP و ADP کشمکش بازار را تشدید کرد: افزایش نرخ بهره یا توقف؟
هفته نخست سپتامبر 2026 دوره آماری: 2 سپتامبر 2026 تا 8 سپتامبر زمان نهایی جمعآوری دادهها: 8 سپتامبر 2026 روایت اصلی بازار ارزهای دیجیتال طی هفته گذشته تحتتأثیر دادههای اقتصاد کلان و تنشهای ژئوپلی
گزارش پژوهشی هفتگی معاملهگر آلفای MEXC | اظهارات انقباضی واشنگتن انتظارات بازار را تغییر داد؛ احتمال افزایش نرخ بهره به 56% جهش کرد و داراییهای پرریسک تحت فشار قرار گرفتند
هفته چهارم اوت 2026 دوره گزارش: 26 اوت 2026 تا 1 سپتامبر 2026 زمان نهایی گردآوری دادهها: 1 سپتامبر 2026 روایت اصلی بازار ارزهای دیجیتال طی هفته گذشته با چرخشی شدید مواجه شد و فضای آن بهسرعت از هیجان
MEXC گزارش هفتگی پژوهش سرمایهگذاری معاملهگر آلفا | "معامله کاهش ارزش دلار آمریکا" بازار را شعلهور میکند، BTC و طلا همزمان از سطح عبور میکنند—پارادایمی جدید یا تبوتابی کوتاهمدت?
هفته سوم آگوست 2026 دوره آماری: 19 آگوست 2026 – 25 آگوست 2026 زمان قطع داده: 25 آگوست 2026 روایت اصلی در هفته گذشته، بازار ارز دیجیتال یک جهش یکطرفه کمسابقه را تجربه کرد. بیتکوین هفته را در حدود 64
هفته نامه آلفا تریدر MEXC | کاهش تورم در برابر بن بست ژئوپلیتیکی: BTC در حوالی 64K$ متوقف مانده است — شکست قیمت چه زمانی آغاز می شود؟
هفته 3، آگوست 2026 دوره گزارش: 12 تا 18 آگوست 2026 دادهها تا 18 آگوست 2026 روایت اصلی طی هفته گذشته، بازار کریپتو تحت تأثیر همزمان دادههای اقتصاد کلان و تحولات ژئوپلیتیکی، همچنان در محدوده ای مشخص
اخبار پرطرفدار
بیشتر ببینید
هشدار Coldcard Mk3 پس از جابجایی ۳۸ میلیون دلاری Bitcoin، اما علت همچنان تأیید نشده است
سازنده کیف پول سختافزاری بیت کوین، Coinkite، به کاربران درباره مشکلی در تولید عبارت بازیابی (Seed) که دستگاههای Coldcard را تحت تأثیر قرار میدهد، هشدار داده است؛ این مشکل شامل تمام نسخههای فریمور Mk3
خروج بیتگت از ژاپن: خدمات برای ساکنان ژاپن در تاریخ ۱۴۰۵/۱۰/۱۰ به پایان میرسد
بیتگت خدمات خود را برای کاربران در ژاپن در تاریخ ۱۴۰۵/۱۰/۱۱ به پایان میرساند. کاربران تحت تأثیر باید قبل از مهلت مقرر، موقعیتهای باز را بسته و داراییهای خود را برداشت کنند.
مقالات مرتبط
بیشتر ببینید
لری فینک و بیتکوین: از «شاخص پولشویی» تا پیشبینی BTC 700K$
کمتر تغییر نظری در امور مالی به اندازه مسیر لری فینک با Bitcoin اهمیت دارد.مدیرعامل BlackRock از اینکه BTC را ابزار یک مجرم مینامید به راهاندازی بزرگترین صندوق Bitcoin جهان رسید — و این داستان همهچیز
بیتکوین مالزی: قیمت BTC به رینگیت، وضعیت قانونی و نحوه شروع کار
مالزی یکی از کنجکاوترین بازارهای آسیای جنوبشرقی نسبت به ارز دیجیتال است و بیتکوین در مرکز این گفتگو قرار داردچه بهدنبال جدیدترین قیمت بیتکوین در مالزی باشید، چه کنجکاو باشید که آیا داشتن BTC قانونی اس
ذخیره بیتکوین تگزاس چیست؟ SB 21، ماینینگ و معنای آن
تگزاس دیگر فقط نظارهگر بازار بیتکوین نیست — بلکه بهطور فعال در حال شکلدادن به آن استاز قانونگذاری تاریخی برای ذخیره بیتکوین تا یکی از بزرگترین صنایع استخراج بیتکوین در کشور، ایالت لون استار در عمل تعر
