Raydium vs UMA — how do they compare? Raydium trades at Rp11,213 (market cap Rp3,02T, Rp124,21M 24h volume), while UMA trades at Rp5,782 (market cap Rp523M, Rp32,99M 24h volume). The key difference: Raydium is far larger — about 5774.4× UMA's market cap, and Raydium's supply is capped (269,5M / 555M RAY (49%)) while UMA's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Raydium for 25 Days and UMA for 72 Days on average.
| RAY | UMA | |
|---|---|---|
Market Cap | Rp3,02T | Rp523M |
Volume (24h) | Rp124,21M | Rp32,99M |
Circulating Supply | 269,5M / 555M RAY (49%) | 90,6M UMA |
Typical Hold Time | 25 Days | 72 Days |
Signals from Pluang's Aura AI — not financial advice
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.
UMA is currently trading at Rp5,782 with a market cap of Rp524.09 million, showing a bearish technical signal overall despite bullish oscillators. The price hovers near support at S1 (Rp5,799) with oversold RSI_6 at 25.43. Recent on-chain activity indicates a hold time of 72 days, suggesting reduced selling pressure. No major protocol upgrades or ecosystem news have emerged recently, keeping fundamental drivers subdued.
Outlook remains cautious due to bearish moving averages and limited liquidity. Key opportunities include potential rebounds from oversold levels, while risks involve low trading volumes and crypto market volatility. Investors should monitor resistance at R1 (Rp6,211) for trend confirmation.
What Pluang investors did over the last 30 days
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 →UMA, or Universal Market Access, is a protocol for the creation of synthetic assets based on the Ethereum (ETH) blockchain. UMA allows counterparties to digitize and automate any real-world financial derivatives, such as futures, contracts for differences (CFDs) or total return swaps.
Read more on UMA →