Spot on

🚨 Is Raydium the Most Undervalued Gem in the Market?

Solana’s DeFi ecosystem has been thriving, and Raydium is emerging as a top contender. But despite its stellar performance, Raydium trades at a massive discount compared to Uniswap.

Let’s break down the numbers and uncover whether Raydium is one of the most undervalued gem in the market.

1️⃣ Volume Comparison: Raydium Holds Its Ground
In the last 30 days:
• Raydium Volume: $84.37B
• Uniswap Volume: $95.91B
Raydium processed 88% of Uniswap’s trading volume, underpinning its growing significance in the DeFi space.

2️⃣Fees Generated: Raydium Outpaces Uniswap
Last 30 days:
• Raydium Fees: $186M
• Uniswap Fees: $110M
Raydium generated 69% more fees than Uniswap, signaling robust activity on the platform.

3️⃣ Active Users: More Wallets, More Action
Daily wallet interactions:
• Raydium: 7x more wallets interacting with its smart contracts compared to Uniswap.

⚡️The Valuation Gap: A Discount Too Big to Ignore
Market Cap:
• Uniswap: $8.6B
• Raydium: $1.4B
Raydium is priced at an 84% discount to Uniswap, despite its impressive performance metrics.
If Raydium had Uniswap’s market cap, the token price would rise 6x to $29.

🌟 Summary: The Undervalued Opportunity
• Volume: Raydium processes 88% of Uniswap’s volume.
• Fees: Raydium generates 69% more fees than Uniswap.
• Users: 7x more wallets interact with Raydium’s smart contracts daily.
• Market Cap: Raydium is priced at an 84% discount to Uniswap.

If Solana’s DeFi ecosystem continues its rise and Raydium sustains its performance, this could be one of the biggest opportunities in the DEX space—with a potential 6x upside.

$UNI $RAY