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Raydium Tokenomics

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Top 10% Tokenomics Rating Badge
Overall Rating Top 10 Percentile Badge
Top 10 Percentile in at Least One Category Badge

RAY Overview & Token Details

Explore Raydium RAY Tokenomics: Decentralized liquidity on Solana with AMM-powered swaps, deep ecosystem integration, and permissionless liquidity pools.

Ticker
$RAY
Listing Price
$0
Total Supply
555,000,000
Niche
  • Exchange
  • DeFi
TGE Date
2021-02-21
Tier 1
Tokenomics
Pre-Investment
Audit
Tokenomics
Audited
Investor
Information

Tokenomics Rating

Rank
#159
Percentile
Top 8%
9
1
2
Economic Policies
85.15
Investment & Valuation
83.43
Utility & Value Flow
70.64
Liquidity & Market Making
-
Distribution Fairness
90.19

Tokenomics Structure (Token Supply, Allocation & Vesting Overview)

Allocation Distribution

Pool Name
Percentage
Vesting Information
Mining Reserve34.00%100.0% at TGE
Partnership & Ecosystem30.00%100.0% at TGE
Team20.00%12 Month Cliff, 24 Month Linear Vesting
Liquidity8.00%100.0% at TGE
Community & Seed6.00%12 Month Cliff, 24 Month Linear Vesting
Advisors2.00%100.0% at TGE
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Token Allocation Breakdown (Distribution Fairness)

Category Score
90.19out of 100
Percentile
Top 10%

Allocation Distribution Indicators

Highlights
0
Warnings
1
Alerts
1

Distribution Fairness

Token Allocation Benchmarks (vs Top Projects)

Token Allocation Deviation Analysis

Deviation Status

Public Sale
-10.4%
High
Community
+31.5%
High
Foundation
-17.3%
High
Insiders
+6.6%
Medium
Investors
-10.3%
High

Token Allocation Deviation Analysis

This section evaluates how Raydium allocates its token supply compared to leading Exchange projects. It measures deviation across key stakeholder groups and determines whether the allocation aligns with proven benchmarks. The analysis helps assess whether RAY follows a fair and balanced distribution structure or introduces concentration risks.

Overall Deviation Status

High

Token Governance & Power (Distribution Fairness)

Category Score
out of 100
Percentile

Governance Indicators

Highlights
3
Warnings
0
Alerts
0

Token Power

Token Governance Concentration Analysis

This section analyzes who holds actual control over the Raydium circulating supply year over year, with a focus on early stages where governance risk is highest. It assesses whether the governance power of RAY is centralized or decentralized, and flags any dominance by insiders or investors.

Token Control Status

Launch
Decentralized
Year 1
Decentralized
Year 2
Decentralized
Year 3
Decentralized
Year 4
Decentralized

Insider Dominance Test

Passed

Investor Dominance Test

Passed

Token Inflation Analysis (Economic & Monetary Policies)

Category Score
69.23out of 100
Percentile
Top 27%

Inflation Indicators

Highlights
4
Warnings
0
Alerts
0

Emission Type

Circulation

Token Inflation (Annual Analysis)

This section analyzes whether RAY token inflation is sustainable over time. We assess how balanced the vesting and unlock schedules are, and evaluate how inflationary pressure may affect long-term token value, circulating supply growth, and investor dilution.

Year 1 Inflation

0.0%

Year 2 Inflation

9.4%

Year 3 Inflation

8.6%

Year 4 Inflation

0.0%

Inflation YoY

Token Unlocks & Emissions (Economic & Monetary Policies)

Category Score
93.9out of 100
Percentile
Top 3%

Supply Shock Indicators

Highlights
1
Warnings
0
Alerts
0

Emission Type

Circulation

Monthly Supply Shocks

Token Unlock & Dilution Events

This section tracks every RAY token unlock and dilution event across the full vesting timeline. We quantify the size and timing of each release, classify dilution risk levels (low, medium, high), and highlight the largest unlock event by date and percentage of total supply. Charts help understand emission pressure and anticipate potential supply shocks.

Supply Shocks Counter

0 Low Risk
0 Mid Risk
0 High Risk

Highest Supply Shock

0.8%
at Month 13

Detailed Information

Investor Dilution Risk (Economic & Monetary Policies)

Category Score
99.5out of 100
Percentile
Top 7%

Risk of Dilution Indicators

Highlights
1
Warnings
0
Alerts
1

Token Emission, Float and Circulating Supply Analysis

This section evaluates the circulating supply and emission schedule of RAY, focusing on its initial float at TGE, its dilution profile over time, and how these levels compare with top-performing projects.

Initial Float

32.00%

Best Performer Float

12.34%

Team Float Control

100.0%
Low Control
Mid Control
High Control
At launch, the team controls 100.0% of the circulating supply, reducing the real initial float to 0.00%.

Circulating Token Supply (YoY)

Vesting Release Schedule

Token Utility & Use Cases (Utility & Value Flow)

Category Score
51.23out of 100
Percentile

Token Utility Indicators

Highlights
1
Warnings
2
Alerts
1

Token Utility Overview

This section analyzes whether the RAY token has a clear economic role within the ecosystem, and more importantly, why users would hold it over time instead of treating it as a purely speculative asset. We evaluate what utility the token provides, which functions it enables, and how it solves real problems across the network.

Utility Score

51.23
Healthy

Value Flow

Healthy
Utility Type
Status
Description
Governance
RAY enables on-chain governance (via Solana Realms).
Staking (DPoS)
RAY can be staked to earn portion of protocol fees
Access / Feature Unlock
Required for AcceleRaytor IDO participation and LaunchLab access
Gas Fee
Not used for network gas fees
Medium of Exchange
Not used as primary trading pair or internal protocol currency
Showing 1-5 out of 6

Value Accrual, Buybacks & Token Revenue (Utility & Value Flow)

Category Score
80.34out of 100
Percentile

Value Capture Indicators

Highlights
1
Warnings
2
Alerts
1
Value Accrual
Status
Description
Staking Rewards
Inflationry coming from mining emissions
Token Buyback
12% of trading fees are used to buy RAY on the market.
Fee Redistribution
Fees go to LPs (84%) and buybacks (12%), not directly to holders
ve-Token Models
No veRAY or similar model is currently implemented.
Revenue Share
No direct revenue share, revenue is accrued to RAY via buybacks.
Showing 1-5 out of 6

Token Buybacks, Burns & Value Accrual

This section is one of the most important layers: it analyzes whether Raydium (RAY) captures and retains on-chain value and how effectively that value flows back to the token. We examine fee redistribution, staking rewards, buyback mechanisms, burn models, and whether the protocol creates real token sinks that reduce sell pressure over time.

Value Accrual

Healthy

Value Capture

Excellent
$RAY Token Flow
Main DEX of Solana
AMM Trading Fees
0.25% standard pools
CLMM/CPMM Fees
0.01% - 2% variable tiers
LaunchLab Fees
1% on bonding curves
Pool Creation Fees
0.15 SOL per pool
Perpetual Trading
Maker/taker fees
Fee Collection
$300M+ annual revenue
Liquidity Providers
84% of trading fees
RAY Buybacks
12% of all fees
Protocol Treasury
4% for operations
Buyback Wallet
71M+ RAY held (not burned)
RAY Staking
~5% APR
Governance
Need 1M RAY to create a proposal
Staking Rewards
Share of protocol fees
Mining Emissions
1.9M RAY/year from tokenomics

RAY Tokenomics FAQ – Key Questions About Raydium

What is the utility of the RAY token?

Raydium has 3 primary token utilities:

  • Governance: RAY enables on-chain governance (via Solana Realms).
  • Staking (DPoS): RAY can be staked to earn portion of protocol fees
  • Access / Feature Unlock: Required for AcceleRaytor IDO participation and LaunchLab access

What is the token allocation for RAY?

Raydium token distribution allocates 555,000,000 RAY across 4 primary stakeholder groups:

  • Community: 64.00% (Mining Reserve 34.00%, Partnership & Ecosystem 30.00%)
  • Insiders: 22.00% (Team 20.00%, Advisors 2.00%)
  • Foundation: 8.00% (Liquidity 8.00%)
  • Investors: 6.00% (Community & Seed 6.00%)

What is the vesting schedule for RAY?

RAY uses variable cliffs and vesting schedules that change depending on the allocation:

  • Mining Reserve: 100.0% at TGE
  • Partnership & Ecosystem: 100.0% at TGE
  • Team: 12 Month Cliff, 24 Month Linear Vesting
  • Liquidity: 100.0% at TGE
  • Community & Seed: 12 Month Cliff, 24 Month Linear Vesting
  • Advisors: 100.0% at TGE

How many RAY tokens unlock at TGE?

74% of the total supply (410,700,000 RAY) is unlocked at TGE, with the tokens split between Community, Foundation, and Insiders.

What is the total supply and circulating supply of RAY?

Raydium has a total supply of 555,000,000 RAY, of which 555,000,000 RAY (100% of total) is currently circulating.

What is the token emission schedule for RAY?

Total length of the full Raydium emission schedule is 4 years, with 74.00% released in Year 1, while the remaining 26.00% is released over the following 3 years.

What percentage of RAY is allocated to the community?

64% of the Raydium supply is allocated to community focused pools such as Mining Reserve and Partnership & Ecosystem.

What is Raydium (RAY)?

Raydium is a pioneering decentralized finance (DeFi) protocol built on the high-speed Solana blockchain. Central to the Raydium ecosystem is its native $RAY token, which unlocks a host of utilities and benefits for users within its innovative platform. Raydium’s Automated Market Maker (AMM) connects directly to OpenBook's central limit order book, offering unprecedented access to decentralized liquidity and enabling optimum pricing through advanced swap route determination. By integrating with Solana's scalable infrastructure, Raydium ensures seamless, low-cost, and ultra-fast transactions for users. The $RAY token plays a crucial role in the ecosystem, serving both as a governance token for protocol-level decisions and a utility token for staking rewards. Holding and staking $RAY allows users to earn additional rewards through liquidity mining and participation incentives, fostering a mutual alignment of interests among community members. The platform empowers other DeFi projects by enabling the permissionless creation of liquidity pools and farms. This feature allows project teams to launch and bootstrap liquidity in a decentralized and efficient manner, solidifying Raydium’s position as a launchpad and liquidity provider within the Solana ecosystem. Raydium has positioned itself as a key player in the DeFi space by focusing on efficient capital allocation and liquidity management. Its integration with OpenBook ensures its liquidity pools benefit from Solana's growing ecosystem, granting access to extensive order flow and deeper market liquidity. The platform's cutting-edge routing algorithms ensure that users always receive the best possible trade execution and price discovery. By staking $RAY or participating in liquidity pools, users contribute directly to the overall health and functionality of the Raydium network while earning competitive APY rewards. Furthermore, as Solana scales its blockchain solutions, Raydium remains primed to leverage the enhanced throughput and lower fees, further boosting its market positioning as an innovative DeFi protocol. Raydium continues to evolve, with $RAY acting as a backbone for governance, network incentives, and ecosystem dynamics. With permissionless accessibility and integration into Solana's rapidly growing DeFi landscape, Raydium remains a cornerstone of decentralized liquidity provisioning, presenting immense potential for projects and individual users alike.

This tokenomics data is maintained by Tokenomics.com and updated automatically from our analytics engine.

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