Mina vs Raydium — how do they compare? Mina trades at Rp800.06 (market cap Rp1,03T, Rp92,72M 24h volume), while Raydium trades at Rp12,535 (market cap Rp3,35T, Rp235M 24h volume). The key difference: Raydium is far larger — about 3.3× Mina's market cap, and Raydium's supply is capped (269,3M / 555M RAY (49%)) while Mina's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Mina for 61 Days and Raydium for 24 Days on average.
| MINA | RAY | |
|---|---|---|
Market Cap | Rp1,03T | Rp3,35T |
Volume (24h) | Rp92,72M | Rp235M |
Circulating Supply | 1,3B MINA | 269,3M / 555M RAY (49%) |
Typical Hold Time | 61 Days | 24 Days |
What Pluang investors did over the last 30 days
Mina Protocol is a minimal “succinct blockchain” built to curtail computational requirements in order to run DApps more efficiently. Mina has been described as the world’s lightest blockchain since its size is designed to remain constant despite growth in usage.
Read more on MINA →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 →