Pendle vs Raydium — how do they compare? Pendle trades at Rp23,990 (market cap Rp4,13T, Rp272,28M 24h volume), while Raydium trades at Rp11,211 (market cap Rp3,01T, Rp118,39M 24h volume). The key difference: Pendle is the larger of the two by market cap, and Raydium's supply is capped (269,5M / 555M RAY (49%)) while Pendle's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Pendle for 33 Days and Raydium for 25 Days on average.
| PENDLE | RAY | |
|---|---|---|
Market Cap | Rp4,13T | Rp3,01T |
Volume (24h) | Rp272,28M | Rp118,39M |
Circulating Supply | 172,1M PENDLE | 269,5M / 555M RAY (49%) |
Typical Hold Time | 33 Days | 25 Days |
Signals from Pluang's Aura AI — not financial advice
Pendle is currently trading at Rp23,990 with a market cap of Rp4.13T, showing bearish technical signals across moving averages and oscillators. The token's RSI levels at 21.09 (6-day) and 28.26 (12-day) suggest oversold conditions, while ADX readings indicate strong bearish momentum. Key support levels are clustered around Rp23,448-Rp23,637, with resistance at Rp23,826-Rp24,015. Average hold time of 33 days suggests moderate trader retention despite current bearish pressure.
Overall outlook remains cautious with oversold RSI potentially signaling near-term bounce opportunities, but bearish momentum and weak technical structure present significant downside risks. Major concerns include sustained selling pressure and lack of positive catalyst momentum. Investors should monitor support level breaks and volume patterns for directional confirmation.
RAY is trading at Rp11,527 with a market cap of Rp3.05 trillion, showing neutral technical signals amid bearish moving averages. Recent news highlights include surpassing Rp1 quadrillion in trading volume after listings on Robinhood and Revolut, and enabling tokenized SpaceX stock trading on Solana, boosting ecosystem utility.
Outlook is cautiously optimistic due to increased exchange adoption and innovative use cases, but risks include high volatility and regulatory uncertainty. Key opportunities lie in Solana ecosystem growth, while major risks involve market manipulation and liquidity fluctuations.
What Pluang investors did over the last 30 days
Pendle is a protocol that enables the tokenization and trading of future yield. With the creation of a novel AMM that supports assets with time decay, Pendle gives users more control over future yield by providing optionality and opportunities for its utilization.
Read more on PENDLE →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 →