What it is
Raydium runs several pool types, from the original 2021 AMM to concentrated liquidity and the standard CPMM pools new tokens graduate into. LaunchLab is its bonding-curve launchpad. 12% of pool fees buy back RAY.
What you can do
CLMMConcentrated liquidity; fee tiers from 0.01% to 4%, with limit orders since May 2026.
CPMMThe standard constant-product pool for new tokens, Token-2022 ready.
LaunchLabPermissionless bonding-curve launches that graduate into Raydium pools.
PerpsAn order-book perps front end built on Orderly Network.
How to get started
- Swap directly on raydium.io, or through any aggregator.
- To LP, pick a pool, choose full range or a price range, and deposit both tokens.
- Track your position and collect fees from the Portfolio page.
Fees
Pool fees go 84% to LPs, 12% to RAY buybacks and 4% to the treasury.
Risks to know
- Concentrated positions earn nothing out of range and suffer impermanent loss.
- New-token pools are often thin and volatile.
- A retired v3 program was exploited in June 2026; current pools were not affected.
- Smart contracts can have bugs. Only deposit what you can afford to lose, and check you're on raydium.io before connecting.
Recent updates
Raydium can keep part of creator fees in CPMM pools.
Buybacks had acquired over 30% of circulating RAY.
CLMM limit orders and dynamic fees.
Numbers from DefiLlama, snapshot Oct 18, 2026. Facts checked Oct 19, 2026. This page is educational, not financial advice.
