Raydium vs Uniswap
Raydium and Uniswap share the same setup (AMM): liquidity and tooling make the difference. On liquidity Uniswap dominates: $4.5B TVL vs $1B. In our editorial rating Uniswap leads (4.9 vs 4.1). Also check supported chains and network costs from your wallet: they often matter more than protocol design.
| Raydium | Uniswap | |
|---|---|---|
| Tier | A | S |
| Rating | ★ 4.1 | ★ 4.9 |
| Liquidity model | AMM | AMM |
| Maker / Taker fee | 0.01% / 1% | 0.05% / 1% |
| Markets | Spot | Spot |
| Supported chains | Solana | Ethereum, Optimism, Arbitrum, Base, Polygon, BSC, Avalanche, Celo, ZkSync |
| TVL (as of Jun 13) | $1B | $4.5B |
| 24h volume | $435M | $1.28B |
| Native token | RAY | UNI |
| Fund custody | Non-custodial (funds in your wallet) | Non-custodial (funds in your wallet) |
| Supported wallets | Phantom, Solflare, Backpack, Ledger | Uniswap Wallet, MetaMask, Coinbase Wallet, Trust Wallet, WalletConnect |
| Audits | Kudelski Security (Q2 2021), OtterSec (Q3 2022 - CLMM/staking), MadShield/OShield (Q2 2023 - AMM; Q1 2024 - CP-swap), Halborn (Q4 2024; Q2 2025), Sec3 (Q3 2025; Q2 2026) | OpenZeppelin, Trail of Bits, Spearbit, Certora, ABDK, Pashov Audit Group |
| Governance | DAO + RAY token (governance + fee incentives) | DAO + UNI token |
| KYC | Full | Full |
| Supported countries | US, EEA, APAC, LATAM, MENA, AFRICA · 200+ countries | US, EEA, APAC, LATAM, MENA, AFRICA · 200+ countries |
| Regulator | None | None |
| Segment | B2C | B2C |
| Regions | US, EU/EEA, APAC, LATAM, MENA, Africa | US, EU/EEA, APAC, LATAM, MENA, Africa |
| Licences & safety | None (decentralized protocol) | None (decentralized protocol) |
Frequently asked questions
Raydium vs Uniswap: which is better?
Raydium and Uniswap share the same setup (AMM): liquidity and tooling make the difference. On liquidity Uniswap dominates: $4.5B TVL vs $1B. In our editorial rating Uniswap leads (4.9 vs 4.1). Also check supported chains and network costs from your wallet: they often matter more than protocol design.
Is Raydium custodial or self-custody?
Raydium is self-custody: you keep the keys, while Uniswap is self-custody.