Raydium, the largest decentralized exchange on the Solana network, has reported its highest weekly revenue since mid-2025. This growth follows the integration of StonkFun, a platform for tokenized equities, into the exchange's LaunchLab infrastructure on September 5, 2026.
The integration reduced the cost of deploying new tokens from 0.29 SOL to 0.03 SOL, representing a decrease of approximately 90%. Following this change, Raydium recorded a single-day protocol revenue peak of nearly $440,000 on September 6, 2026.
On the same day, the protocol executed buybacks of its governance token, RAY, totaling $640,788, the highest daily figure since February 2025. The RAY token price subsequently rose by approximately 90% over one week, reaching an 11-month high of $2.01.
During the peak of this market movement, the market capitalization of RAY approached $543 million. Total protocol revenue for the 30-day period reached $6.94 million, with $4.43 million attributed to holders and $1.19 million generated in the most recent week.
Trading volume for tokenized assets on Raydium reached $2.09 billion in the second quarter of 2026. While the platform previously focused on memecoins, the current infrastructure now supports tokenized versions of traditional financial instruments.
