MultiversX vs Raydium — how do they compare? MultiversX trades at Rp46,794 (market cap Rp1,43T, Rp77,32M 24h volume), while Raydium trades at Rp11,213 (market cap Rp3,01T, Rp110,9M 24h volume). The key difference: Raydium is far larger — about 2.1× MultiversX's market cap, and Raydium's supply is capped (269,5M / 555M RAY (49%)) while MultiversX's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold MultiversX for 84 Days and Raydium for 25 Days on average.
| EGLD | RAY | |
|---|---|---|
Market Cap | Rp1,43T | Rp3,01T |
Volume (24h) | Rp77,32M | Rp110,9M |
Circulating Supply | 30,6M EGLD | 269,5M / 555M RAY (49%) |
Typical Hold Time | 84 Days | 25 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 →