Raydium's average daily volume in Q1 reached $3.6 billion, with a month-over-month rise of 12.7%.

Golden Finance reports that Messari has released the Raydium Q1 2025 status report, which shows that its average daily volume reached $3.6 billion, a rise of 12.7% month-over-month. In January, the trading volume set a record of $195.8 billion, with an average daily volume of $6.3 billion. This marks the fourth consecutive quarter that Raydium has been the leader in daily DEX trading volume on Solana. Additionally, Raydium bought back a record 15.4 million RAY through protocol fees, accounting for 2.8% of the max supply. In order to enhance protocol functionality, Raydium launched LaunchLab in April, supporting free token issuance, and released the public beta version of perpetual futures trading in January. Raydium Perps has an average daily volume of $21.7 million, offers gas-free trading, and supports leverage of up to 50 times.