The average daily trading volume of Raydium Q1 reached 3.6 billion US dollars, a month on month increase of 12.7% Messari has released the Raydium Q1 2025 status report, which shows that its daily trading volume reached $3.6 billion, an increase of 12.7% compared to the previous quarter. The January trading volume set a record of $195.8 billion, with a daily trading volume of $6.3 billion. This is Raydium's fourth consecutive quarter as Solana's leader in daily DEX trading volume. In addition, Raydium repurchased a record breaking 15.4 million RAY through agreement fees, accounting for 2.8% of the maximum supply. In order to enhance the functionality of the protocol, Raydium launched LaunchLab in April, which supports free token issuance, and released a beta version of perpetual futures trading in January. The average daily trading volume of Raydium Perps is $21.7 million, providing gas free trading and supporting up to 50 times leverage.