Drift vs Raydium — how do they compare? Drift trades at Rp250.49 (market cap Rp153,4M, Rp54,74M 24h volume), while Raydium trades at Rp12,249 (market cap Rp3,27T, Rp168,88M 24h volume). The key difference: Raydium is far larger — about 21316.8× Drift's market cap, and Raydium's supply is capped (269,3M / 555M RAY (49%)) while Drift's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Drift for 11 Days and Raydium for 24 Days on average.
| DRIFT | RAY | |
|---|---|---|
Market Cap | Rp153,4M | Rp3,27T |
Volume (24h) | Rp54,74M | Rp168,88M |
Circulating Supply | 611,5M DRIFT | 269,3M / 555M RAY (49%) |
Typical Hold Time | 11 Days | 24 Days |
What Pluang investors did over the last 30 days
Drift is a fully on-chain decentralized exchange (DEX) for perpetual and spot trading, built on the Solana blockchain. The exchange provides traders with the opportunity to trade both pre-launch markets and launched tokens, offering leverage of up to 10x. In addition to stablecoins, traders can use a diverse range of assets as collateral, enhancing capital efficiency.
Read more on DRIFT →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 →