2025 has already become a significant milestone year in the history of the Solana ecosystem. In this year, Raydium, a leading DEX, achieved multiple remarkable accomplishments, not only setting new records in trading volume but also establishing industry benchmarks in protocol operation mechanisms.

Let's start with the most eye-catching number—total trading volume officially surpassed $1 trillion. This figure not only positions Raydium as a top player in the Solana DEX rankings but also reflects the maturity of the entire Solana ecosystem's liquidity infrastructure. By the end of 2025, the annual trading volume reached $347 billion, a scale sufficient to demonstrate its central hub status within the ecosystem.

Business performance is equally impressive. The annual revenue reached $160.5 million, with over 440 million independent trading wallet addresses on the platform, and more than 1.8 billion token exchange transactions processed. What lies behind these numbers? Continuous user growth and an increasing number of people choosing this platform for asset swaps.

But what truly deserves attention is Raydium's innovation in tokenomics. The large-scale programmatic buyback mechanism launched as early as 2024 had matured by 2025 to set industry records. By the end of the year, Raydium had repurchased 27.6% of its circulating RAY tokens on the open market, a proportion unmatched in the entire crypto industry. The specific figure? Over 80 million RAY tokens repurchased, worth over $200 million. This is no small feat; it’s a genuine financial commitment.

On the business front, Raydium has long surpassed the limitations of a single AMM framework. The development of new tracks such as perpetual contracts, token issuance infrastructure, RWA, and stablecoins has gradually transformed this platform into a comprehensive solution for Solana asset liquidity. From a single function to an ecosystem complex, this reflects a deep understanding of user needs.

In simple terms, Raydium proved itself in 2025: as the most important liquidity hub on the Solana public chain, it not only leads in scale but also sets new standards in operational philosophy and ecosystem contribution.