Raydium reported a 264.2% increase in net revenue to $7.99 million in Q3 2026, driven by growth in tokenized asset activity and a rebound in meme-token trading. Operating cash flow rose similarly by 263.6% to $8.67 million. The platform executed $5.23 million in programmed buybacks, raising total repurchases to $204 million, or 32.1% of its circulating supply. Its treasury grew 150.1% to $243 million, with tokenized assets contributing significantly to trading volume and fees. This strong performance highlights Raydium's expanding role in the Solana tokenized asset market, where it now holds nearly half the spot volume.
Raydium trades at Rp35.092 on Pluang as of Oct 22, 2026 10:43 WIB, down 2.04% in the last day. Its market cap stands at Rp9,38 trillion with a 24-hour volume of Rp854,68 million. Despite recent revenue growth, 65% of Pluang users are selling RAY, with typical hold time around 25 days.
