DeepBook Protocol vs Raydium — how do they compare? DeepBook Protocol trades at Rp328.79 (market cap Rp1,8T, Rp80,66M 24h volume), while Raydium trades at Rp12,227 (market cap Rp3,26T, Rp160,14M 24h volume). The key difference: Raydium is the larger of the two by market cap, and DeepBook Protocol's circulating supply is 5,5B / 10B DEEP (55%) versus 269,3M / 555M RAY (49%) for Raydium. Which is the better fit depends on your goals — on Pluang, investors hold DeepBook Protocol for 13 Days and Raydium for 24 Days on average.
| DEEP | RAY | |
|---|---|---|
Market Cap | Rp1,8T | Rp3,26T |
Volume (24h) | Rp80,66M | Rp160,14M |
Circulating Supply | 5,5B / 10B DEEP (55%) | 269,3M / 555M RAY (49%) |
Typical Hold Time | 13 Days | 24 Days |
What Pluang investors did over the last 30 days
Latest headlines on both assets
DeepBook is a decentralized central limit order book (CLOB) on the Sui blockchain, offering high performance and low latency. It operates entirely on-chain, enhancing programmability and liquidity in the DeFi ecosystem. By providing tighter liquidity and greater control for liquidity providers compared to traditional models, DeepBook serves as the key wholesale liquidity venue for diverse financial services.
Read more on DEEP →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 →