Raydium vs 
Jupiter
Both are essential on Solana and they do not compete. Raydium is a venue that holds liquidity pools and executes swaps against them. Jupiter is the router that scans every venue, Raydium included, and splits an order to get the best fill. A trader usually touches Jupiter; the liquidity often lives on Raydium. Understanding which layer you are holding a token in matters more than the price chart.
12 months, both starting at 100 (AUD)
RAY → 59 · JUP → 48| Measure | RAY | JUP |
|---|---|---|
| Market cap | A$0.8B | A$1.4B |
| Rank | #105 | #80 |
| Price | A$2.88 | A$0.4116 |
| 90-day change (AUD) | +251.5% | +28.8% |
| 12-month change (AUD) | −28.2% | −43.3% |
| From all-time high | −87.4% | −86.4% |
| Supply model | Capped: 555.0M max | Capped: 10.00B max |
| AU exchanges we verify it on | 3 | 3 |
About Raydium
About Jupiter
Jupiter is Solana's dominant DEX aggregator — the router most Solana trades pass through — with JUP governing its growing suite of trading products.
FAQ
Which is bigger, Raydium or Jupiter?
By market value today: Jupiter (A$1.4B vs A$0.8B). Size measures money invested, not quality — but it does measure liquidity, which affects how easily you can buy and sell.
Which performed better this year?
Over the past 12 months in AUD terms: RAY −28.2%, JUP −43.3% — the chart above shows the whole path, which matters more than the endpoints. Past performance is no indicator of future results, in either direction.
Can I buy both in Australia?
Yes — both are listed on AUSTRAC-registered exchanges we verify. RAY appears on 3 of our reviewed platforms and JUP on 3. Compare costs first on the fee calculator, and remember every crypto-to-crypto swap between them is a CGT event.
Should I hold RAY or JUP?
That's a personal decision we don't make for you — this page exists to make the structural differences clear so the choice is yours. What we'd say to anyone: understand what job each coin is designed for, size positions like the risk is real, and check the honest failure statistics before going further down the market-cap list.
Data from our market records (powered by CoinGecko), refreshed with the daily rebuild. General information only, not financial advice — we compare structure and history, we don't pick winners.