Biconomy vs Raydium — how do they compare? Biconomy trades at Rp487.51 (market cap Rp493,22M, Rp705,47M 24h volume), while Raydium trades at Rp11,213 (market cap Rp3,01T, Rp111,49M 24h volume). The key difference: Raydium is far larger — about 6102.8× Biconomy's market cap, and Raydium's supply is capped (269,5M / 555M RAY (49%)) while Biconomy's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Biconomy for 33 Days and Raydium for 25 Days on average.
| BICO | RAY | |
|---|---|---|
Market Cap | Rp493,22M | Rp3,01T |
Volume (24h) | Rp705,47M | Rp111,49M |
Circulating Supply | 1B BICO | 269,5M / 555M RAY (49%) |
Typical Hold Time | 33 Days | 25 Days |
What Pluang investors did over the last 30 days
Latest headlines on both assets
Biconomy is a multichain relayer protocol that aims to improve the user onboarding and transaction experience on decentralized applications (dApps). In short, Biconomy focuses on transaction management and gas optimization and can reduce gas costs by up to 40%.
Read more on BICO →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 →