Another beautiful report by Messari, this one is quite relevant to the trenches so definitely give it a read
@RaydiumProtocol as a business YoY displaying impressive growth esp if u look at avg fees
I always like looking at these metrics (also expressed in the article) cuz it gives you quite a good pulse on how good trading is at the time
TVL growth has been solid QoQ and I think so long as companies like this stay relevant to the space (stay in tune with the masses) we can see quite good upsides going into Q4 - Q2 2026
Overall market share is down QoQ but imo that doesn't have to be a long standing issue going into the future, so long as there is multi-points of streams like the AMM, LaunchLab and trading fees in general
I love reports like this, you learn a lot
State of @RaydiumProtocol Q2
Key Update: Raydium's LaunchLab debut brings free token launches to Solana, flipping competitors and driving significant revenue growth.
QoQ Metrics 📊
• TVL ⬆️ 54.7% to $1.8B
• LaunchLab volume $1.1B, 21.7% of Q2 net revenue
• RAY price ⬆️ 25.3% to $2.13
Read the full report:
11.87K
21
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.