Raydium's share of trading on Solana decentralized exchanges rose significantly from 4.3% in July to 12.2% in September, showing strong growth in market presence. Despite this gain, PumpSwap maintained a larger share at 18.6%, leading Raydium by 6.4 percentage points. Additionally, Raydium's LaunchLab saw a surge in activity, with token launches increasing from 5,420 in August to 156,294 in September. Tokens launched through StonkFun contributed $2.81 billion in trading volume, making up 28% of Raydium's total volume that month. This growth highlights increasing competition and innovation within Solana's decentralized exchange ecosystem.
Raydium's Solana DEX market share growth is the subject, with Pluang market data for context as of Oct 21, 2026 21:43 WIB: Among 50 major cryptocurrencies tradable on Pluang, 30 rose and 19 fell today. Notable movers include EOS at Rp12.649 (+8.13%), Compound at Rp455.340 (+5.17%) with a 68% buy order activity, and Decentraland at Rp1.597 (+4.17%) with an 87% sell order activity. EOS's 8.13% gain stands out as the most notable figure.
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