Raydium (RAY) — CryptoGrade Rating

Raydium remains weakly evidenced under the framework with no grounded basis for a rerating

GradeVerdictScoreRankPriceMarket cap
F | FailedRed24 / 100#91 of 203$1.23$332.7M

F | Failed means: Score below 40, or any single hard red flag. Do not own — the story is irrelevant.

Data as of Sep 15, 2026 — scores are re-evaluated daily and this snapshot refreshes on each site publish. The live app always shows current data.

What is Raydium?

Raydium is described as an automated market maker and liquidity provider on Solana, developed for the Serum decentralized exchange. Its design links pooled liquidity with an on-chain central-limit-order-book system, allowing liquidity providers to reach order flow within that environment. The profile presents Raydium as infrastructure for projects and protocols entering the Solana and Serum ecosystem. RAY is described as a foundation for development involving the platform, its partners, and its community, although the supplied material does not fully specify the token’s present utility, governance rights, supply structure, or value-accrual process. Raydium is distinct at a high level because it combines automated-market-maker pools with order-book connectivity. The available description does not establish current operating metrics or explain how the token functions across those components.

About the current assessment

The asset introduction is background information, not an assessment of current usage or evidence availability. The rating status shown above is separate from that introduction. Sign in to read the latest published assessment and its supporting research.

How this rating is produced

Every CryptoGrade rating comes from the same published, rules-based framework: six weighted dimensions produce a 0–100 composite score, hard disqualifying gates can force exclusion regardless of score, and fixed thresholds map the composite to a grade. Read the full methodology on the Framework page.

The full Raydium verdict — the investment thesis, disqualifier gate checks, per-dimension scores with provenance, on-chain usage and developer-activity signals, and the complete score history — is free with a sign-in and identical for everyone.

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