PANews reported on May 13 that Messari released a status report for Raydium in the first quarter of 2025, showing its average daily trading volume reached $3.6 billion, a month-on-month increase of 12.7%. The trading volume in January set a record of $195.8 billion, with an average daily trading volume of $6.3 billion. This marks the fourth consecutive quarter that Raydium has been the leader in Solana's daily DEX trading volume. Additionally, Raydium repurchased a record 15.4 million RAY through protocol fees, accounting for 2.8% of the maximum supply.
To enhance protocol functionality, Raydium launched LaunchLab in April, supporting free token issuance, and released a public beta of perpetual futures trading in January. Raydium Perps has an average daily trading volume of $21.7 million, offers gasless trading, and supports up to 50x leverage.
