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Documentation Index

Fetch the complete documentation index at: https://docs.raydium.io/llms.txt

Use this file to discover all available pages before exploring further.

RAY is Raydium’s native SPL token. Use this page for the canonical mint, fixed supply, allocation, emissions, vesting status, and how RAY connects to buybacks and staking.

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Token facts

FieldValue
TokenRAY
ChainSolana
Mint address4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R
Decimals6
Maximum supply555,000,000 RAY
Mint authorityDisabled
Mining reserve188,700,000 RAY, or 34% of supply
Current emissionsApproximately 1.9 million RAY per year from the mining reserve
Team and seed vestingCompleted on February 21, 2024
Always verify the mint address before interacting with RAY. Tickers, token names, and logos can be copied by anyone.

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What RAY is used for

RAY connects to Raydium in three user-facing ways:
  • Protocol alignment: a portion of Raydium trading fees is used to buy back RAY.
  • Staking: users can stake RAY in the Raydium app and claim RAY rewards.
  • Liquidity: RAY is a common base or quote asset across Raydium pools.
You do not need RAY to swap, provide liquidity, create pools, or use Raydium Perps.

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Allocation

AllocationPercentageAmountAddress
Mining reserve34%188,700,000 RAYfArUAncZwVbMimiWv5cPUfFsapdLd8QMXZE4VXqFagR
Partnership & ecosystem30%166,500,000 RAYDmKR61BQk5zJTNCK9rrt8fM8HrDH6DSdE3Rt7sXKoAKb
Team20%111,000,000 RAYHoVhs7NAzcAaavr2tc2aaTynJ6kwhdfC2B2Z7EthKpeo
Liquidity8%44,400,000 RAY85WdjCsxksAoCo6NNZSU4rocjUHsJwXrzpHJScg8oVNZ
Community & seed6%33,300,000 RAYHuBBhoS81jyHTKMbhz8B3iYa8HSNShnRwXRzPzmFFuFr
Advisors2%11,100,000 RAY5unqG9sYX995czHCtHkkJvd2EaTE58jdvmjfz1nVvo5x
Total100%555,000,000 RAY—

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Vesting

Team and seed allocations, representing 25.9% of total supply, were fully locked for the first 12 months after the token generation event. They then unlocked linearly each day from months 13 through 36. Vesting concluded on February 21, 2024.

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Emissions

RAY emissions come from the mining reserve. Current emissions are approximately 1.9 million RAY per year. Emissions are distributed through Raydium reward programs. The exact reward rate depends on the specific farm or staking program.

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How to verify RAY

Use the mint address as the source of truth: 
4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R
You can verify the mint on Solscan, Solana Explorer, or with SPL Token tooling: 
spl-token supply 4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R