According to ChainCatcher news and DefiLlama data, Raydium ranks first in the Solana ecosystem with a 7-day protocol fee of $32.89 million, followed by Jito and Solana with $30.61 million and $29.01 million, respectively, in second and third place. Pump.fun ranks fourth with $18.29 million. Among the top fifteen, Telegram bot protocols occupy 5 seats.

ChainCatcher message, according to data from The Block Research, the trading volume of decentralized exchanges (DEX) reached $300 billion in November, surpassing the previous cycle high of $260 billion set in May 2021.Uniswap maintained its market leadership in November with 40% of the total trading volume, while Raydium emerged as a strong competitor, capturing 18% of the market share.According to data from The Block Research, Raydium's significant contribution is partly due to memecoin trading activity and the pump.fun project. The ratio of DEX to CEX (centralized exchanges) continues to trend upward, reaching 11% in November, up from 9.3% in early 2024 and 0.04% in early 2020.

ChainCatcher news, according to a report by Cointelegraph, shows that Messari reported on December 10 that the Solana ecosystem decentralized exchange Raydium surpassed Uniswap in November trading volume by approximately $30 billion, leading by 30%.This marks the second time Raydium's monthly trading volume has exceeded Uniswap since October. The report noted that meme coin trading has become the main driver of Raydium's growth, with meme coin trading accounting for a record 65% of its total monthly trading volume in November. Raydium firmly occupies over 60% of the daily DEX trading volume in the Solana ecosystem.

ChainCatcher message, Sky (formerly MakerDAO) announced on the X platform that USDS rewards are now live on Raydium. Users can earn weekly rewards of 210,000 $USDS and 3,000 $RAY by providing liquidity to the USDS/USDC pool and the Kamino vault.

ChainCatcher news, according to SolanaFloor, Raydium's 24-hour protocol fee revenue has exceeded 15 million dollars, reaching 15.14 million dollars, surpassing Tether to rank first in the entire network.

ChainCatcher news, HashKey Global is about to launch Arkham (ARKM) and Raydium (RAY). The spot trading pairs ARKM/USDT and RAY/USDT will be available on November 20, 2024, at 16:00 (UTC+8), supporting deposits and withdrawals for ARKM on the ERC20 network and RAY on the Solana network.To celebrate the launch of the new tokens, the platform is offering a special event for new users: from now until November 27, 2024, at 16:00 (UTC+8), complete your first spot trade of any amount in ARKM or RAY to share a prize pool of 20,000 HSK. The first 2,000 users will each receive 10 HSK, on a first-come, first-served basis, while supplies last.

ChainCatcher news, HashKey Global has launched perpetual contracts for Raydium (RAY) and Stacks (STX), supporting 24/7 trading.Both RAYUSDT and STXUSDT perpetual contracts are U-based contracts, settled in USDT, with a contract value of 1 unit of the underlying asset, a minimum price fluctuation of 0.0001, a maximum leverage of 10 times, and a funding fee cap of +0.75%/-0.75%, settled every 8 hours. The launch of these contracts will provide users with more investment options and enhance trading flexibility.

ChainCatcher news, the decentralized exchange Raydium has announced the launch of a new feature "Burn & Earn". This feature allows project teams to permanently lock the liquidity of concentrated liquidity market makers (CLMM) while retaining the right to collect trading fees.The new feature is mainly aimed at CLMM full range positions. Once locked, liquidity providers will not be able to withdraw or manage positions for rebalancing. However, users can still view locked positions on the portfolio page and claim fees and rewards.

ChainCatcher news shows that in the past few months, the transaction volume on the Solana chain has significantly increased. Additionally, the number of daily active addresses has surged, recently exceeding 2 million (7-day MA), with a large influx of users into the ecosystem dominated by DApps such as Raydium, pump.fun, and Jito.Among these DApps, Raydium has become the main source of fee revenue for Solana. In July, the trading volume of this DEX reached $30 billion, making it the second-largest DEX by trading volume, just behind Uniswap. Meanwhile, according to data from DeFiLlama, Raydium's revenue in July exceeded $65 million, compared to $33 million in June.pump.fun generated over $28 million in fees in July, the highest monthly fees since its launch. Additionally, in July, the MEV fees collected by validators using the Jito client amounted to approximately $36 million, a 26% increase compared to June.

ChainCatcher news, according to Cointelegraph, Dune Analytics data shows that the success rate of cryptocurrencies listed on pump.fun for launching on Raydium is 1.41%, fluctuating between this number and 1.21% since May, reaching a historical high of 2.56% on February 16.Cinneamhain Ventures partner Adam Cochran commented in an article on August 1: "The 'graduation rate' of tokens on pump.fun has stagnated around 1.4%. No new tokens have 'truly broken through' the $20 million FDV level."Crypto commentator and Web3 developer Bread added that out of the 1.58 million tokens launched on pump.fun, only 22,300 have truly launched on Raydium.

ChainCatcher news, according to DeFiLlama data, in the past 24 hours, the Solana ecosystem DEX platform Raydium has captured over $3.5 million in transaction fees, ranking first in the DeFi market, surpassing Ethereum ($2.98 million) and fees on the Solana chain ($1.47 million).

ChainCatcher message, SolanaFloor shared data on X showing that the trading volume of Raydium in the Solana ecosystem reached $1.168 billion in the past 24 hours, ranking first among all DEXs, with a weekly increase of 111%.

ChainCatcher news, according to GeckoTerminal data, the Solana ecosystem DEX protocol Raydium has surpassed $1.67 billion in trading volume in the past 24 hours, ranking first among DEXs.

ChainCatcher message, Jupiter announced the integration of the new CPMM Program feature of the Raydium protocol. This feature will support the Token2022 token without the need to create a public order book market, and it provides a built-in price oracle by using pool prices. Now, users can trade new tokens and new markets from Raydium through the Jupiter platform.

ChainCatcher news, pump.fun posted on platform X that it has become aware of an attack on its contract and is investigating the matter. The contract has been upgraded, so the attacker can no longer steal any funds.The total value locked (TVL) in the protocol is safe. Trading has been suspended, and it is currently not possible to buy or sell any tokens. Any tokens currently migrating to Raydium cannot be traded and will not be migrated for the foreseeable future. Tokens that have already been successfully transferred from pump.fun's contract and have locked liquidity on Raydium are safe. If users have ever connected their wallets to pump.fun, their wallets are safe. They are working with relevant parties, including law enforcement, to mitigate losses.Previous news, the pump.fun attacker is suspected of conducting random airdrops of the stolen funds, with airdrop recipients including holders of slerf, saga, and others.