
Fundamentals indicate this coin may be trading below its fair value.
Contribution to the current score, not a cause of price changes.
Developer Activity
Unrecorded inputs are not scored as zero.
12/13 · 94% model weight
Nov 3, 2026, 10:00 AM UTC
Coverage is not predictive confidence. Security audits, reserves and unlock schedules are outside this score.
Inspect the breakdownCheck source quality12/13 components · 94% measured model weight
Not measured: Developer Activity. Missing components are excluded; their weights are redistributed across measured components.
CoinGecko
Within the time threshold
Nov 3, 2026, 9:58 AM UTC
Age when checked: 14 min · Advisory threshold: 2 h
Used by 12 components.
CoinGecko / GitHub
Within the time threshold
Nov 1, 2026, 12:03 AM UTC
Age when checked: 2.4 days · Advisory threshold: 72 h
No component uses this source.
DefiLlama
Within the time threshold
Nov 3, 2026, 9:13 AM UTC
Age when checked: 1 h · Model threshold: 72 h
Used by 1 components.
DefiLlama
Within the time threshold
Nov 3, 2026, 9:13 AM UTC
Age when checked: 1 h · Model threshold: 72 h
Used by 1 components.
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Not Financial Advice
This page is an informational analysis, not investment advice. The CryptoValue Score is an algorithmically generated rating from public data — it does not replace professional advice. Cryptocurrencies are highly volatile; total loss is possible. Read full risk disclaimer →
Rated 0-100 based on 13 fundamental metrics. Higher = more undervalued.
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Raydium has a first-mover advantage as an AMM within Serum and will be an integral part of bringing new and existing projects and protocols into the ecosystem. The protocol will act as a bridge for projects looking to expand to Solana and Serum, and in the process Raydium and the RAY token will become a foundation for enabling further development with partn...
Market Cap
$409.88M
24h Volume
$16.83M
Circulating Supply
270M
RAY — of 555M max (49%)
All-Time High
$16.83
9.0% of ATH
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The market values Raydium at 2.46× what users paid in fees to use it over the last twelve months ($166.78M). Whether those fees reach token holders differs by protocol — Bitcoin's go to miners, Lido's to the protocol itself.
$409.88M of market capitalization against $1.03B that users have deposited in the protocol.
The last all-time high was on September 12, 2021. How far below it the price sits is a different question; how long it has stayed there is this one.
12 of 13 components could be measured for Raydium, carrying 94 of 100 weight points between them. The rest had their weight redistributed rather than filled with a neutral value.
Computed by Longchain from the published methodology. Not investment advice. Who we are.
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Raydium's Value Score rests on 12 of 13 metrics. Learn what each one means:
| Component | Reading /100 | Weight nominal → effective |
|---|---|---|
| MVRV Proxy (Price / ATH)Market data | 95 | 16% → 17% |
| Cycle Position (time since ATH)Market data | 70 | 6% → 6.4% |
| NVT Proxy (MCap / Volume)Market data | 60 | 4% → 4.3% |
| Network Activity ProxyMarket data | 45 | 4% → 4.3% |
| Volume / MCapMarket data | 80 | 4% → 4.3% |
| Capital Locked (MCap / TVL)Market data + Capital locked | 95 | 10% → 10.6% |
| Protocol Fees (MCap / Annual Fees)Market data + Protocol fees | 95 | 10% → 10.6% |
| Developer ActivityDeveloper data | Not measured | 6% → 0% |
| Supply DynamicsMarket data | 40 | 16% → 17% |
| TokenomicsMarket data | 40 | 12% → 12.8% |
| BTC Correlation ProxyMarket data | 55 | 4% → 4.3% |
| Sentiment ProxyMarket data | 20 | 4% → 4.3% |
| Momentum (30d)Market data | 70 | 4% → 4.3% |
Score recorded: Nov 3, 2026, 10:00 AM UTC · Checked: Nov 3, 2026, 10:13 AM UTC. Ages refer to this check, not the moment the page is opened.
Advisory thresholds flag older data; they do not change model arithmetic. TVL and fee model thresholds apply at calculation time. Freshness and coverage establish neither data accuracy nor predictive confidence.
1 metric(s) cannot be measured for Raydium. Their weight was redistributed across the rest rather than filled with a neutral value.