How to Use Raydium Exchange (RAY): A Step-by-Step Guide

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Raydium is a leading decentralized exchange (DEX) built on the Solana blockchain, operating as the first automated market maker (AMM) to fully integrate with the Serum decentralized order book. This makes Raydium a powerful tool for fast, low-cost trading, liquidity provision, yield farming, and staking. Whether you're new to DeFi or expanding your Solana ecosystem experience, this comprehensive guide walks you through everything you need to know about using Raydium effectively in 2025.

Understanding Raydium Exchange

Raydium is more than just a typical AMM — it’s a hybrid liquidity protocol that powers on-chain trading by combining automated market-making with access to Serum’s central limit order book (CLOB). This integration allows Raydium to offer deeper liquidity, faster trade execution, and minimal slippage compared to many other DEXs.

As a core component of the Solana DeFi landscape, Raydium enables users to swap tokens, provide liquidity, farm rewards, and stake RAY tokens — all with near-instant finality and transaction fees often costing less than $0.01.

Key Features of Raydium

👉 Discover seamless DeFi access with advanced tools and low fees.

Preparing to Use Raydium

Before diving into trading or yield farming, you’ll need to set up your wallet and fund it with SOL for transaction fees.

Set Up a Compatible Wallet

To interact with Raydium, you need a Solana-compatible wallet. One of the most user-friendly options is Coin98 Wallet, available for both iOS and Android devices. It supports multi-chain assets and offers a smooth interface for managing your Solana-based tokens.

While direct download links have been removed per guidelines, you can easily find Coin98 Wallet through official app stores or by visiting the provider’s verified website.

Once installed, follow the in-app instructions to create or import your Solana wallet securely. Make sure to back up your recovery phrase in a safe, offline location.

Fund Your Wallet with SOL

All transactions on Solana — including swaps, adding liquidity, and staking — require SOL to cover network fees. Even small actions cost only fractions of a cent, but having at least 0.1–0.5 SOL ensures uninterrupted activity.

You can acquire SOL through major centralized exchanges such as Binance, Coinbase, Kraken, or OKX. After purchasing, withdraw SOL directly to your Coin98 or other Solana wallet address.

Ensure accuracy when entering your wallet address — blockchain transactions are irreversible.

How to Use Raydium on Web Browser

Raydium is primarily accessed via its web platform. Follow these steps to get started:

  1. Go to the official Raydium website: raydium.io
  2. Click Launch App
  3. Connect your wallet by selecting “Coin98” or another supported Solana wallet
Always verify you’re on the correct URL to avoid phishing scams. Bookmark the site after confirming its authenticity.

Swapping Tokens on Raydium

Token swapping is one of the most common activities on Raydium. The process is intuitive:

  1. Navigate to the Swap tab at the top of the page.
  2. Select the token you want to trade from and the one you wish to receive.
  3. Enter the amount. The platform will display estimated output and price impact.
  4. Review fees and slippage tolerance (default is usually 0.5%).
  5. Click Swap, then confirm the transaction in your wallet.

The trade executes within seconds. You can track completed swaps in your wallet history or directly on Solana explorers like Solscan.

👉 Maximize your trading potential with fast execution and deep liquidity.

Adding Liquidity to Pools

By providing liquidity, you earn trading fees proportional to your share in a pool. Here’s how:

  1. Go to the Pools section.
  2. Choose a token pair (e.g., SOL/USDC).
  3. Enter the amounts for both tokens — Raydium auto-balances based on current market rates.
  4. Confirm your share and click Supply.
  5. Sign the transaction in your wallet.

You’ll receive LP (Liquidity Provider) tokens representing your stake. These can be used for yield farming or unstaked later to retrieve your original assets plus accrued fees.

Note: Impermanent loss may occur if token prices diverge significantly after depositing.

Yield Farming and Staking RAY Tokens

After supplying liquidity, you can boost returns by staking your LP tokens in active farms.

To Farm RAY Rewards:

  1. Visit the Farms tab.
  2. Find a farm matching your LP token (e.g., SOL-USDC farm).
  3. Click Stake LP, enter the amount, and confirm.
  4. Your rewards accrue in real time and can be claimed anytime.

Additionally, RAY token holders can stake directly (without LP tokens) in designated RAY-only staking pools to earn additional rewards or governance benefits.

Unstaking follows the same process — simply click Unstake when ready.

Frequently Asked Questions (FAQ)

Q: Is Raydium secure and audited?
A: Yes, Raydium has undergone security audits by reputable firms including Kudelski Security. However, as with all DeFi platforms, users should exercise caution and only interact with official sites.

Q: Do I need a lot of money to start on Raydium?
A: No. Thanks to Solana’s low fees, even small deposits can participate meaningfully in swaps or liquidity pools.

Q: Can I use limit orders on Raydium?
A: Yes! Raydium supports limit orders through its integration with Serum, allowing you to set specific buy/sell prices.

Q: What are the risks of providing liquidity?
A: The primary risk is impermanent loss, which occurs when token prices change significantly after depositing. Stablecoin pairs generally carry lower risk than volatile pairs.

Q: How often are farming rewards distributed?
A: Rewards accumulate continuously and can be claimed at any time with no lock-up period in most pools.

Q: Where can I learn more about upcoming Raydium updates?
A: Follow Raydium’s official channels such as Discord, Telegram, Twitter (@RaydiumProtocol), and Medium blog for announcements and community engagement.

👉 Stay ahead with real-time insights and next-gen DeFi opportunities.

Final Thoughts

Raydium stands out as a cornerstone of Solana’s growing DeFi ecosystem, offering speed, efficiency, and innovative features like shared order book liquidity and advanced trading tools. Whether you're swapping tokens, earning passive income through liquidity provision, or boosting yields via farming and staking, Raydium provides a robust platform for all levels of crypto users.

By following this guide, you now have the foundational knowledge to navigate Raydium confidently — from setting up your wallet to optimizing yield strategies.

As decentralized finance continues evolving in 2025 and beyond, platforms like Raydium will play an increasingly vital role in shaping accessible, transparent financial systems worldwide.


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