DEX comparison

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
$3.50B
Lower taker fee
Raydium
0.25%
Deeper liquidity (TVL)
Uniswap
$4.98B
Longer track record
Uniswap
since 2018
dexwatch score
Uniswap
79/100

Full comparison

Every figure is an approximate snapshot from public trackers. “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
★★★★★★★★★★79/100Solid
★★★★★★★★★★76/100Solid
TypeSpot DEX (AMM)Spot DEX (AMM)
ChainsEthereumBaseArbitrumPolygon+1Solana
24h volume$3.50BBest$1.10B
7d volume$22.00BBest$7.40B
Total value lockedLiquidity depth$4.98BBest$1.60B
Token price$11.40$2.90
24h change0.60%5.20%
Market cap$7.10B$820.0M
Maker feeNegative = rebate0%0%
Taker feeLower is cheaper0.3%0.25%Best
Max leverageHigher = riskierSpot onlySpot only
Trading pairs9.8KBest4.2K
LaunchedLonger track record2018Best2021
Security scoredexwatch estimate90/100Best80/100
AuditsTrail of BitsABDKConsenSysOtterSecKudelski

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Uniswap vs Raydium FAQ

Which has higher trading volume, Uniswap or Raydium?
Uniswap — about $3.50B in the last 24 hours versus $1.10B on Raydium. Figures are an approximate snapshot and move constantly.
Is Uniswap or Raydium cheaper to trade?
Raydium has the lower headline taker fee at 0.25%, versus 0.3% on Uniswap. Network gas and price impact still apply on top.
Which has deeper liquidity, Uniswap or Raydium?
Uniswap holds more total value locked ($4.98B versus $1.60B), 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.
Understand the concepts
AMM vs. order bookSlippage & slippage toleranceDEX trading fees: maker/taker & pool feeammslippageliquidity
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