Raydium Integrates MoonPay, Surpasses Uniswap in Fees, Collects $3.14M

Jul 18, 2024, 11:10 AM

Raydium Protocol, a decentralized exchange (DEX) on the Solana blockchain, has integrated MoonPay, providing its 20 million users with instant access to the Solana ecosystem. This integration allows users to buy and sell SOL directly through MoonPay on Raydium, enhancing trading flexibility and convenience. New Yorkers can now buy SOL, XRP, and AVAX through MoonPay. Additionally, Raydium has surpassed Uniswap and Lido in 24-hour fees collected, generating $3.14 million. It has also flipped Uniswap in 7-day and 30-day fees collected, marking a significant milestone for the protocol. The 24-hour trading volume on Raydium has reached $1 billion.