How Raydium (CLMM) looks today
Decentralized (DEX). Established 2022. Trust rank 105. Reported 24h volume 1884.09 BTC.
Coverage: 505 active pairs across 397 tradable assets. Liquidity profile: High. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 89.8%. Key pairs include SOL/USDT, SOL/USDC, BIRB/USDC, RAY/SOL. Leading pair SOL/USDT. Median spread on leading markets 0.60%.
What the key metrics mean
Volume mix: USDT is the largest tracked quote currency at about 54.8% of measured flow. Data scope: 100 tickers observed, with spread readings on 100 markets. Trust rank summarizes relative standing among peers, and 24h BTC volume adds context on how active the venue is right now. Coverage captures breadth across pairs and assets, which affects how resilient liquidity can be under changing demand. Concentration indicates how much of the venue depends on its leaders versus a wider set of pairs. Median spread summarizes typical distance between bid and ask on the most active books and is a useful proxy for execution friction. With a large set of active pairs, execution can vary across markets, so check whether activity is spread beyond the leaders. To evaluate fit, use coverage, concentration, spreads, and the leading pairs list together, especially if you rely on fast fills.
Editorial note: This analysis was prepared by the YearBull research team under the direction of Alan Zelvin, Founder and Lead Crypto Researcher. The assessment follows YearBull’s internal research methodology and editorial standards. Methodology · Editorial Policy