MultiversX vs Raydium — how do they compare? MultiversX trades at Rp56,070 (market cap Rp1,69T, Rp150,83M 24h volume), while Raydium trades at Rp12,249 (market cap Rp3,27T, Rp168,88M 24h volume). The key difference: Raydium is the larger of the two by market cap, and Raydium's supply is capped (269,3M / 555M RAY (49%)) while MultiversX's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold MultiversX for 82 Days and Raydium for 24 Days on average.
| EGLD | RAY | |
|---|---|---|
Market Cap | Rp1,69T | Rp3,27T |
Volume (24h) | Rp150,83M | Rp168,88M |
Circulating Supply | 30,3M EGLD | 269,3M / 555M RAY (49%) |
Typical Hold Time | 82 Days | 24 Days |
What Pluang investors did over the last 30 days
MultiversX (EGLD) is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project is known as a technology ecosystem for the new internet, which includes fintech, decentralized finance and the Internet of Things. The native token, EGLD, is used for paying network fees, staking and rewarding validators
Read more on EGLD →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 →