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