DEX comparison · updated Oct 15, 2026
UniswapvsRaydium
The same job on two different chains: Ethereum's deepest spot venue against Solana's core AMM and launchpad hub.
At a glance
Higher 24h volume
Uniswap
$2.81B
Lower taker fee
Raydium
0.25%
Deeper liquidity (TVL)
Uniswap
$3.89B
Longer track record
Uniswap
since 2018
dexwatch score
Uniswap
78/100
Full comparison
Every figure is a dated snapshot from public sources (Oct 15, 2026); fields without a verifiable source show n/a. “Best” marks the stronger value in a row — higher volume or liquidity, lower fees, longer track record. Max leverage is shown as information, not a positive.
| Exchange | $UNI ★★★★★★★★★★78/100Solid | $RAY ★★★★★★★★★★74/100Solid |
|---|---|---|
| Type | Spot DEX (AMM) | Spot DEX (AMM) |
| Chains | EthereumBaseArbitrumPolygon+1 | Solana |
| 24h volume | $2.81BBest | $168.9M |
| 7d volume | $15.28BBest | $1.16B |
| Total value lockedLiquidity depth | $3.89BBest | $1.16B |
| Token price | $6.95 | $1.79 |
| 24h change | 5.22% | 10.55% |
| Market cap | $4.34B | $483.1M |
| Maker feeNegative = rebate | 0% | 0% |
| Taker feeLower is cheaper | 0.3% | 0.25%Best |
| Max leverageHigher = riskier | — | — |
| Trading pairs | 9,800Best | 4,200 |
| LaunchedLonger track record | 2018Best | 2021 |
| Security scoredexwatch estimate | 90/100Best | 80/100 |
| Audits | Trail of BitsABDKConsenSys | OtterSecKudelski |
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The honest take
Uniswap
✓Most assets and the deepest spot liquidity in all of DeFi
✓Battle-tested over many years across ~40 chains
✓V4 adds hooks, on-chain limit orders and dynamic fees
✕Spot only — no leverage or perpetuals
✕Ethereum gas can be pricey at peak times
Raydium
✓Where most new Solana tokens get their liquidity
✓Fast, cheap swaps with a big user base
✓Yield farms for liquidity providers
✕Spot only
✕Lots of risky brand-new token pairs to navigate
Uniswap vs Raydium FAQ
Which has higher trading volume, Uniswap or Raydium?
Uniswap — about $2.81B in the last 24 hours versus $168.9M on Raydium. Figures are a dated snapshot (Oct 15, 2026) and move constantly.
Is Uniswap or Raydium cheaper to trade?
Raydium lists the lower headline taker fee (0.25% versus 0.3%). Your real cost also depends on network gas, maker rebates, spreads and price impact on the size you trade.
Which has deeper liquidity, Uniswap or Raydium?
Uniswap holds more total value locked ($3.89B versus $1.16B), a rough proxy for how much size a market can absorb.
What's the main difference between Uniswap and Raydium?
Uniswap is a spot dex (amm) on Ethereum, Base, Arbitrum, while Raydium is a spot dex (amm) on Solana. Match the venue to the chain and assets you actually use.
Your first swap, step by stepSlippage & slippage toleranceDEX trading fees: maker/taker & pool feeammslippageliquidity
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