CoinDesk reported:
At press time, Raydium’s liquidity pools held over $37 million in total value locked, which is roughly three-quarters of the TVL held by Orca, Solana’s top decentralized exchange, according to DefiLlama. Its native token RAY was worth 23 cents Thursday, according to CoinGecko. It has slid 2% in the past 24 hours.