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    Raydium Swaps

    Raydium is an automated market maker (AMM) built on the Solana blockchain that shares liquidity with the Serum decentralized exchange. Create a visualization comparing the quantity of swaps and number of unique wallets on Rayidum, Jupiter, and Orca since January 1st. What have been the ten most popular tokens to swap and swap for on Raydium during that time period? What tokens have become more popular over time?

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    Methodology

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    • Analyse the number of swaps daily on Jupiter, Raydium & Ocra from the start of Jan.

    • Analyse the number of unique wallets daily on Jupiter, Raydium & Ocra from the start of Jan.

    • Look at the number of swaps from for assets over 5000 swaps on Raydium from the start of Jan.

    • Look at the number of swaps to for assets over 5000 swaps on Raydium from the start of Jan.

    • Query the top 10 most popular coins to swap to on Raydium.

    • Query the top 10 most popular coins to swap from on Raydium.

    Here we can see the number of swaps daily with Jupiter and Radyium being close in the number of daily swaps and OCra catching up in recent weeks.

    Raydium had a clear lead in the number of unique wallets interacting with it daily for most of this year until recent weeks where we ss Orca now leading for unique wallets interacting daily in recent weeks.

    USD a stable coin leads for number of swaps to weekly with Solana being a close second. Genopets entered the frame of swapped coins over 5000 swaps weekly in February and now has begun to gain in the number of swaps bringing it into the top 5 most swapped to coins last week.

    Numbner of swaps from weekly follows a similar pattern to swaps to with the stable coin USD leading and Solana being a close second. Raydium sits in number 3 in recent weeks for number of swaps from, over taking USDT which held a lead over it in the first month of the year.