Axelar vs Raydium — how do they compare? Axelar trades at Rp643.89 (market cap Rp786,26M, Rp73,39M 24h volume), while Raydium trades at Rp11,213 (market cap Rp3T, Rp110,62M 24h volume). The key difference: Raydium is far larger — about 3815.5× Axelar's market cap, and Raydium's supply is capped (269,5M / 555M RAY (49%)) while Axelar's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Axelar for 58 Days and Raydium for 25 Days on average.
| AXL | RAY | |
|---|---|---|
Market Cap | Rp786,26M | Rp3T |
Volume (24h) | Rp73,39M | Rp110,62M |
Circulating Supply | 1,2B AXL | 269,5M / 555M RAY (49%) |
Typical Hold Time | 58 Days | 25 Days |
What Pluang investors did over the last 30 days
Axelar claims to deliver “secure cross-chain communication for Web3.” The project provides a decentralized network and tools to help builders of decentralized applications (dApps) with seamless cross-chain communication through its protocol suite, tools and APIs.
Read more on AXL →Raydium (RAY) is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks.
Read more on RAY →