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
On-chain logic upgrades, bugs, or parameter errors can impair user funds.
Token, collateral, or peg volatility affects protocol solvency and user outcomes.
Thin markets make exits, liquidations, or redemptions harder during stress.
LPs face divergence loss when pool asset prices move apart.