Raydium vs Plasma — how do they compare? Raydium trades at Rp11,213 (market cap Rp3T, Rp110,62M 24h volume), while Plasma trades at Rp1,336 (market cap Rp3,6T, Rp326M 24h volume). The key difference: Plasma is the larger of the two by market cap, and Raydium's supply is capped (269,5M / 555M RAY (49%)) while Plasma's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Raydium for 25 Days and Plasma for 27 Days on average.
| RAY | XPL | |
|---|---|---|
Market Cap | Rp3T | Rp3,6T |
Volume (24h) | Rp110,62M | Rp326M |
Circulating Supply | 269,5M / 555M RAY (49%) | 2,7B XPL |
Typical Hold Time | 25 Days | 27 Days |
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 →Plasma is a Layer 1 blockchain designed to power the global stablecoin economy. Built for fast, zero-fee USDT payments and customizable gas tokens, it enables borderless, permissionless access to financial services. With its global payments network and integrated products, Plasma is establishing itself as the native chain for stablecoin transactions.
Read more on XPL →