Looking for a raydium trading bot and sniper? Raydium is the Solana DEX most of the chain's
trading history ran through, and it is busy again: $8.4 billion of volume in the last 30 days by DefiLlama's count,
against $3.1 billion the month before, with tokenized stocks and the coins paired with them doing most of the
lifting. Axiom trades Raydium's pools, and the LaunchLab curves that feed them, from one panel. Use Axiom referral
code TradeNow
for 20% off trading fees.
The Axiom Trade invite code is TradeNow. Axiom calls it a
referral code. Enter it when you sign up and your trading fee drops by 20% for the life of the account, from 1% to
0.8% a trade.
If you are looking for an Axiom Trade invite code, use TradeNow. Type it into the referral
field on the sign-up screen, or open axiom.trade/@tradenow and it is filled in for you. It is one of the most used
Axiom codes, and it still works.
Raydium is a Solana exchange that went live in February 2021 and now runs four kinds of pool:
AMM v4, its original constant-product design; CPMM, the newer standard pool most coins open in; CLMM, with
concentrated liquidity; and a small Stable AMM for pegged pairs. Above them sits LaunchLab, the bonding-curve
program that Bonk.fun, StonkFun and a list of smaller pads launch through. Twelve percent of every pool fee is
spent buying RAY.
A memecoin on Raydium usually lives two lives, first on a LaunchLab curve and then
in the CPMM pool it graduates into. Axiom shows both in Pulse and trades both, so you can follow a coin from its
first buyer to its first hour in a real pool without changing screens.
Key facts about trading Raydium in Axiom
Live since
February 2021, on Solana
30-day volume
$8.4 billion (DefiLlama), $0.25 billion of it on LaunchLab curves
Place on Solana
Third by 30-day volume, about 9% of the chain's DEX trading
AMM v4
Flat 0.25%: 0.22% to liquidity providers, 0.03% to RAY buybacks
CPMM
Tiers from 0.005% to 4%, 0.25% by default; the LaunchLab graduation pool
CLMM
Tiers from 0.01% to 4%; newer pools can add a dynamic fee and limit orders
LaunchLab
85 SOL target for a default launch, 24 SOL minimum for a custom one
RAY buybacks
$3.97 million in 30 days, about $18 million in a year (DefiLlama)
RAY
About $1.95, a $526 million market cap
Axiom fee
1% a trade on top of the pool fee, 0.8% with code TradeNow
Axiom or the Raydium App?
Raydium's own app is the right tool for opening a CLMM range, locking liquidity with Burn & Earn,
creating a pool or launching a token. Trading coins that are an hour old is a different job, and it is the job
Axiom was built around.
Every pad in one feed
Raydium's launchpad page lists LaunchLab coins. Pulse lists them too, from Bonk.fun and StonkFun, next to
Pump.fun, Bags, Moonshot and the other Solana pads, sorted by stage from fresh curve to migrated pool and
narrowed by filters for age, holders, dev share and volume.
The homework, done for you
Raydium's guide tells LaunchLab buyers to verify the mint, check where the LP went and look into the
creator's history. Axiom puts the holder spread, the developer's share, snipers, insiders and bundled wallets
on every row, which covers most of that list before your first click.
More than a priority fee
Raydium's swap page offers Normal, Fast and Turbo priority fees and expects a confirmation in 5 to 15
seconds. Axiom adds a tip for the validator, three MEV modes, Off, Reduced through Jito and Secure through
whitelisted validators, and sends from its own nodes.
Signed inside the terminal
There is no wallet extension asking you to approve each swap. Axiom's built-in wallet signs, so a buy or a
sell is one click or one hotkey, with slippage, fees and MEV mode already set in the preset you picked.
Orders on any coin
Raydium's new limit orders live inside CLMM pools that switch them on. Axiom's limit, take-profit and
stop-loss orders can be set on any Solana token, including a CPMM memecoin from this morning, and a migration
order fires the moment a LaunchLab curve graduates.
Wallets, X and other chains
Follow up to ten thousand wallets, copy the good ones with a size cap and watch the X accounts that move
Solana coins. The same account reaches Base, BNB Chain, Robinhood Chain and Hyperliquid perps, all in one
portfolio.
You pay for it in Axiom's fee: 1% a trade, 0.8% with TradeNow, on top of whatever the
pool charges. Opened directly, Raydium's swap page charges only the pool fee, though a swap link someone shares
with you can add a 1% referral cut. For providing liquidity, launching or locking, and big SOL or USDC swaps, use
Raydium itself.
Four Kinds of Raydium Pool
AMM v4, the original
The 2021 design: constant product at a flat 0.25%. It once mirrored its curve as orders on the OpenBook
order book; that link was removed in July 2026 and it is now a plain AMM. Raydium's app no longer creates
these pools, but old pairs still trade in them, SOL/USDC among them at about $60 million on the day we
checked.
CPMM, the default
The standard pool since 2024 and, since August 2026, the only place a LaunchLab coin can graduate to. It
takes Token-2022 mints, offers fee tiers from 0.005% to 4%, and can carry a separate creator fee that pays
whoever launched the coin.
CLMM, ranges and orders
Concentrated liquidity since 2022, where providers pick a price range and earn only while the price is
inside it. Pools created with the options switched on can charge a dynamic fee that rises when the price moves
fast and hold limit orders that fill when the price crosses their tick.
Stable AMM, for pegs
A separate program for pairs that should trade near one price, pricing from a lookup table instead of the
constant-product curve. It has a single 0.02% tier and matters to memecoin traders only as a place their
stablecoins pass through.
Raydium Fees and RAY Buybacks
Every pool fee is split the same way inside each pool type; only the rate changes.
Raydium's published fee split by pool type, from its documentation, September 2026.
Pool type
Fee
LPs
RAY buyback
AMM v4
0.25%
88%
12%
CPMM
0.005% to 4%
84%
12%
CLMM
0.01% to 4%
84%
12%
On CPMM and CLMM the remaining 4% goes to the treasury, and the percentages are of the fee,
not the trade: a 0.25% swap sends 0.03% of its size to buybacks. DefiLlama counted $3.97 million spent on RAY
in the last 30 days and about $18 million over the past year.
Coins that graduated from a launchpad often cost more than their tier suggests, because the CPMM creator fee is
charged on top of the pool fee. A LaunchLab curve has its own schedule again, with Raydium's cut, the platform's
fee and sometimes a creator fee added together; the Bonk.fun and
StonkFun pages list the exact rates for their coins.
LaunchLab, the Curve Behind the Pads
LaunchLab went live in April 2025. Anyone can launch from Raydium's own page in two ways: JustSendit, which asks
for a name, a ticker and an image and graduates at 85 SOL, or LaunchLab mode, where the creator sets the supply,
puts between 51% and 80% of it on the curve, chooses a raise from 24 SOL upwards and can add vesting.
Most of the volume comes through platforms that register their own settings with the program: fees, branding and
what happens to the LP. Bonk.fun carried it through the summer of 2025, when LaunchLab curves did $3.85 billion in
July alone. By June 2026 the monthly figure had fallen to $15 million, and StonkFun's move onto the program on 5
September pushed this month back past $240 million.
What a graduation leaves behind depends on the platform. Raydium's own launches burn 90% of the LP and lock the
rest, Bonk.fun burns nearly all of it, and StonkFun burns none, locking the position under its own Fee Key so the
pool's LP fees keep flowing to the platform.
Stocks, and the Coins Paired With Them
Tokenized shares are the reason Raydium is growing again. xStocks and the names issued through Sunrise and
Backpack Securities trade in its pools, with new listings arriving almost daily this month. Messari measured 63% of
Solana's tokenized-equity volume settling on Raydium in September, and Raydium reported its biggest week so far for
them, $700 million, in the second week of the month.
The memecoin angle is the pairing. A StonkFun coin can be quoted in a stock token instead of SOL, and on the day we
looked most of the busiest LaunchLab curves were memes priced in QQQx, AMZNx, NVDAx or GLDx. Issuers limit who may
hold those stock tokens, and trading a coin quoted in one means handling the stock token too, so check the rules
first.
Raydium Trading Bot
The 0.25% on the pool's label is rarely what a memecoin trade here costs.
A plain 0.25% pool plus Axiom's 0.8% with TradeNow comes to about 2.1% for a buy and a sell. A coin that graduated
from Bonk.fun or StonkFun pays 1.25% to its CPMM pool on each side once the creator fee is counted, which lifts the
round trip to about 4.1%. Token-2022 coins can add a transfer fee as well; Raydium's own worked example turns a
0.25% pool into an effective 1.74%. Exits parked as limit orders spare you selling
into a thin pool by hand.
Raydium Sniper Bot
The Raydium snipe worth planning for is the graduation.
A LaunchLab curve migrates in the same transaction that fills it, and the CPMM pool it opens is where the second
wave of buyers arrives. Axiom's migration sniper watches the curve and sends from its own nodes; give it a preset
with a higher tip and Secure MEV. Pools created directly, with no curve before them, show up in New Pairs from
the first block, and there the creator still holds the LP unless it was burned, so check before sizing up. The
memecoin sniper page lists the Pulse filters worth saving for graduations.
Raydium So Far
Raydium went live in February 2021 as a hybrid, an AMM whose curve also sat as orders on Serum's order book.
Concentrated liquidity followed in 2022, and that December a compromised admin key let an attacker drain several
pools; Raydium moved its keys to a multisig and compensated affected LPs from funds set aside for buybacks. CPMM
arrived in 2024.
Through 2024 most Pump.fun coins graduated into AMM v4, which made Raydium the memecoin venue on Solana; its
busiest day on DefiLlama's record, about $13.2 billion, was 18 January 2025. When Pump.fun moved graduations to its
own PumpSwap in March 2025, Raydium answered with LaunchLab a month later. In 2026 it cut AMM v4 loose from
OpenBook, gave CLMM limit orders and made CPMM the only graduation route, and since September the growth has come
from stocks.
Where Raydium Bites
Fees first. Pool tiers run from almost nothing to 4%, graduated coins can add a creator fee, and Token-2022 coins
can charge a transfer fee that goes to their issuer. None of that shows in a ticker, so read the pool before a
large order.
Then liquidity. Creating a CPMM pool takes a minute and about 0.19 SOL, so copies of any trending coin appear
quickly, and on a pool made by hand the creator can pull the LP unless it was burned or locked. LaunchLab
platforms set their own fees and LP rules, so two coins from the same program can end in very different pools.
Trading Raydium on Axiom, Step by Step
Enter invite code TradeNow
Register at axiom.trade/@tradenow with TradeNow in the code field, and the discount comes off every Raydium trade from then on.
Fund Solana
Keep SOL selected in the chain menu and deposit SOL, with a little extra for priority fees and tips.
Arm a graduation preset
Give one preset a higher tip and Secure MEV for LaunchLab migrations, and keep a calmer one for the rest.
Check the pool fee
Before the first buy, look at the fee tier, any creator fee and whether the LP was burned.
Raydium on Axiom — FAQ
Does Axiom support Raydium?
Yes. Axiom trades Raydium's AMM v4, CPMM and CLMM pools on Solana, and LaunchLab coins from Bonk.fun, StonkFun and other pads both on the curve and after they graduate.
Why trade Raydium through Axiom instead of raydium.io?
For new coins the terminal does more of the work: one feed for every Solana launchpad, holder and bundle data on each row, tips, MEV modes and its own nodes for landing trades, and limit, stop and migration orders on any token. Raydium's app is still the place to provide liquidity, launch a token or lock LP.
What does a Raydium swap cost?
AMM v4 pools charge 0.25%. CPMM pools charge between 0.005% and 4% and CLMM pools between 0.01% and 4%, with 0.25% the most common, and graduated launchpad coins can add a creator fee. Axiom's fee of 1%, or 0.8% with TradeNow, is added to that.
What is the difference between AMM v4, CPMM and CLMM?
AMM v4 is the 2021 constant-product pool with a flat 0.25% fee. CPMM is the newer constant-product pool with fee tiers and Token-2022 support, and it is where LaunchLab coins graduate. CLMM concentrates liquidity in price ranges and now supports limit orders and dynamic fees.
What is Raydium LaunchLab?
Raydium's bonding-curve launch program, live since April 2025. A coin trades on its curve until the curve collects its target, 85 SOL for a default launch, and then moves into a CPMM pool. Bonk.fun and StonkFun both run on it.
How do RAY buybacks work?
Twelve percent of the fee on every AMM v4, CPMM and CLMM swap is used to buy RAY on the market. DefiLlama counted $3.97 million of buybacks in the last 30 days.
Can I trade tokenized stocks on Raydium?
Yes. xStocks and other tokenized shares trade in Raydium pools, and Messari measured 63% of Solana's tokenized-equity volume there in September. Who may hold them depends on the issuer and on where you live.
Has Raydium been hacked?
In December 2022 a compromised admin key was used to drain several AMM v4 pools. Raydium moved its admin keys to a multisig and compensated affected liquidity providers from funds set aside for buybacks.
Is Axiom affiliated with Raydium?
No. Raydium's pools are open to any app, and Axiom is an independent terminal built on top of them. Raydium's own app is at raydium.io.
Disclaimer
Disclaimer: Solana memecoins can lose most of their
value inside a few blocks, and tokenized stocks come with their issuers' own rules. Not financial advice. Fee rates
come from Raydium's documentation and on-chain configs, volume, fee and buyback figures from DefiLlama, and pool
data from GeckoTerminal, all read in September 2026. Axiom Pro is an independent affiliate site with no connection
to Axiom Trade, Raydium or any stock-token issuer. Use at your own risk.