RAY
Raydium
RAY ✓ VerifiedPrice
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24h
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We read this asset as:Cash-flow lensFees accrue to token holders — read via P/F, P/S and premium.
Verdict
Fee data building
As of 2026-06-30 · latest · 30-day annualized
Premium (peer percentile · 0 explained → 100 unexplained)
Premium — building
Premium decomposition (price vs holder cash flow) needs our own on-chain fee data, which we are building. Until then we show price, supply, and on-chain identity.
4Overview
A Solana AMM/CLMM DEX plus launchpad (LaunchLab). 12% of all trading fees buy back RAY, which is then publicly burned.
5Official links & addresses
RAY Token (SPL mint)4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R ✅
Buyback RAY recipient accountDdHDoz94o2WJmD9myRobHCwtx1bESpHTd4SSPe6VEZaz ✅ docs
Treasury fee (CLMM, USDC)FundHfY8oo8J9KYGyfXFFuQCHe7Z1VBNmsj84eMcdYs4 ✅ docs
Authority V4 (AMM PDA)5Q544fKrFoe6tsEbD7S8EmxGTJYAKtTVhAW5Q5pge4j1 ✅ Solscan
Trust official addresses only — beware impersonator tokens
Share this asset
6Market · supply
no garnish data (not fetched)
Full data & breakdownon-chain · events · derivatives · peers · governance · risk — expand for the institutional detail
7On-chain · holders
data wiring — next increment
9Futures · derivatives
Derivatives data (open interest, funding) is N/A. Perpetual/futures feeds require a commercial market-data subscription we don't use, so we show N/A rather than an unverified number. Methodology →
10Protocol fundamentals
Cash-flow metrics do not apply under this lens.
11On-chain value ratios
Cash-flow metrics do not apply under this lens.
12Governance · development
on-chain governance — not on Snapshot
13News · narrative · timeline
2021.02launch (Solana) — orderbook-linked AMM (formerly Serum)
2022.12.16owner-key compromise exploit
2023~CLMM, CP-Swap, LaunchLab expansion
(current)12% of trading fees buy back and burn RAY
14Peer comparison
Cash-flow metrics do not apply under this lens.
15Risk · quality
AuditOtterSec (including incident analysis); see the docs.raydium.io audit section.
Exploit history2022.12.16 ~$4.4M — a trojan stole the LP-pool owner's private key → withdrawPNL drained eight CP pools (CLMM and RAY staking unaffected). Patched same day (authority revoked, moved to a hardware wallet).
Centralization notesCore of the incident = a single owner key controlling pools (one key stolen → loss). Mitigated afterward with a hardware wallet and separated permissions. Solana program upgrade authority (PDA) exists — an upgradeability risk.
16Our metrics over time
No trend metric for this lens yet.
On-chain owned coverage
Not yet computed from our own RPC. For cash-flow assets without our own fee data yet, the premium decomposition is shown as building — never a fake number.