Raydium vs Pax Dollar — how do they compare? Raydium trades at Rp12,535 (market cap Rp3,4T, Rp223,54M 24h volume), while Pax Dollar trades at Rp18,068 (market cap Rp585,03M, Rp59,96M 24h volume). The key difference: Raydium is far larger — about 5811.7× Pax Dollar's market cap, and Raydium's supply is capped (269,3M / 555M RAY (49%)) while Pax Dollar's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Raydium for 24 Days and Pax Dollar for 47 Days on average.
| RAY | USDP | |
|---|---|---|
Market Cap | Rp3,4T | Rp585,03M |
Volume (24h) | Rp223,54M | Rp59,96M |
Circulating Supply | 269,3M / 555M RAY (49%) | 32M USDP |
Typical Hold Time | 24 Days | 47 Days |
Signals from Pluang's Aura AI — not financial advice
Raydium (RAY) trades at Rp12,568, showing neutral technical signals with bullish moving averages but neutral oscillators. The token holds a market cap of Rp3.36T with 49% of its max supply circulating. Recent milestones include surpassing Rp1,000T in trading volume after listings on Robinhood and Revolut, and enabling tokenized SpaceX stock trading on Solana, boosting its ecosystem utility.
Outlook is cautiously optimistic due to growing exchange support and protocol innovation, but risks include high volatility and regulatory uncertainty. Key support lies at Rp11,834, with resistance at Rp12,514. Investors should monitor on-chain activity and broader crypto market trends for directional cues.
Pax Dollar (USDP) is trading at Rp18,070 with a market cap of Rp576.63 million, reflecting its role as a stablecoin pegged to the US dollar. The token shows minimal price fluctuation, consistent with its design, and maintains a circulating supply of 32 million tokens. No recent protocol upgrades or significant ecosystem developments have been noted, keeping its utility focused on stable value transfer within crypto markets.
Overall outlook remains neutral given USDP's stablecoin nature, offering low volatility but limited growth potential. Key opportunities include its use in decentralized finance for liquidity and hedging. Major risks involve regulatory scrutiny on stablecoins and dependency on reserve transparency, which could impact holder confidence if audits are lacking.
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 →Pax Dollar is a fiat-collateralized stablecoin that offers the advantages of transacting with blockchain-based assets while mitigating price risk. The Pax Dollar tokens (USDP) are issued as ERC-20 tokens on the Ethereum blockchain and are collateralized 1:1 through the USD held in Paxos-owned US bank accounts. It is also the one of three stablecoins approved by Wall Street regulators, alongside GUSD and BUSD.
Read more on USDP →