DEX · Hybrid AMM + Orderbook · RAY
Raydium is Solana's major AMM with a hybrid model — it shares liquidity with the OpenBook central limit order book, so AMM and orderbook flow benefit each other. It is the dominant venue for Solana meme-coin liquidity.
Solana's major hybrid AMM + orderbook DEX.
RAY price
$0.6189
-2.5% 24h
Latest data · 15 min delay
Ranked top→bottom: who competes with Raydium and how they differ.
| # | Competitor | Positioning | Similarities | Differentiator |
|---|---|---|---|---|
| 1 | Uniswap | The largest spot DEX by volume. | Both let users swap tokens against on-chain liquidity without an intermediary. | Uniswap is the deepest multi-chain AMM with concentrated liquidity (V3) and customizable pools via hooks (V4). |
