Raydium RAY buybacks
Raydium bought back $4.40M of RAY in the 30 days to Sep 26, 2026, up 340% on the previous 30 days. At that pace it would spend about $53.5M a year, equal to 8.9% of RAY's $600M market cap. Recorded RAY buybacks total $64.5M since Jan 9, 2023, and Raydium ranks #7 of 24 active buyback programs tracked here.
Daily RAY buybacks
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| Day (UTC) | Buybacks |
|---|---|
| Sep 26, 2026 | $85,467 |
| Sep 25, 2026 | $161,825 |
| Sep 24, 2026 | $181,834 |
| Sep 23, 2026 | $168,766 |
| Sep 22, 2026 | $248,170 |
| Sep 21, 2026 | $280,168 |
| Sep 20, 2026 | $139,142 |
| Sep 19, 2026 | $154,484 |
| Sep 18, 2026 | $210,843 |
| Sep 17, 2026 | $134,765 |
| Sep 16, 2026 | $166,510 |
| Sep 15, 2026 | $130,815 |
| Sep 14, 2026 | $173,921 |
| Sep 13, 2026 | $130,644 |
| Sep 12, 2026 | $198,925 |
| Sep 11, 2026 | $286,500 |
| Sep 10, 2026 | $176,591 |
| Sep 9, 2026 | $210,101 |
| Sep 8, 2026 | $209,888 |
| Sep 7, 2026 | $200,401 |
| Sep 6, 2026 | $313,534 |
| Sep 5, 2026 | $57,732 |
| Sep 4, 2026 | $49,760 |
| Sep 3, 2026 | $46,892 |
| Sep 2, 2026 | $41,107 |
| Sep 1, 2026 | $102,391 |
| Aug 31, 2026 | $38,901 |
| Aug 30, 2026 | $33,248 |
| Aug 29, 2026 | $30,872 |
| Aug 28, 2026 | $33,755 |
| Aug 27, 2026 | $44,526 |
| Aug 26, 2026 | $38,935 |
| Aug 25, 2026 | $39,539 |
| Aug 24, 2026 | $43,183 |
| Aug 23, 2026 | $45,446 |
| Aug 22, 2026 | $57,892 |
| Aug 21, 2026 | $42,507 |
| Aug 20, 2026 | $72,156 |
| Aug 19, 2026 | $22,121 |
| Aug 18, 2026 | $18,524 |
| Aug 17, 2026 | $23,465 |
| Aug 16, 2026 | $14,245 |
| Aug 15, 2026 | $21,510 |
| Aug 14, 2026 | $28,234 |
| Aug 13, 2026 | $26,886 |
| Aug 12, 2026 | $29,073 |
| Aug 11, 2026 | $42,000 |
| Aug 10, 2026 | $44,732 |
| Aug 9, 2026 | $36,282 |
| Aug 8, 2026 | $34,272 |
| Aug 7, 2026 | $62,618 |
| Aug 6, 2026 | $67,341 |
| Aug 5, 2026 | $36,438 |
| Aug 4, 2026 | $33,943 |
| Aug 3, 2026 | $16,004 |
| Aug 2, 2026 | $11,178 |
| Aug 1, 2026 | $7,636 |
| Jul 31, 2026 | $12,646 |
| Jul 30, 2026 | $11,930 |
| Jul 29, 2026 | $13,258 |
| Jul 28, 2026 | $13,043 |
| Jul 27, 2026 | $21,428 |
| Jul 26, 2026 | $7,754 |
| Jul 25, 2026 | $6,823 |
| Jul 24, 2026 | $9,649 |
| Jul 23, 2026 | $11,643 |
| Jul 22, 2026 | $10,764 |
| Jul 21, 2026 | $10,675 |
| Jul 20, 2026 | $12,936 |
| Jul 19, 2026 | $8,555 |
| Jul 18, 2026 | $9,261 |
| Jul 17, 2026 | $11,603 |
| Jul 16, 2026 | $12,834 |
| Jul 15, 2026 | $12,113 |
| Jul 14, 2026 | $16,011 |
| Jul 13, 2026 | $13,043 |
| Jul 12, 2026 | $7,369 |
| Jul 11, 2026 | $6,973 |
| Jul 10, 2026 | $13,238 |
| Jul 9, 2026 | $14,104 |
| Jul 8, 2026 | $15,914 |
| Jul 7, 2026 | $15,906 |
| Jul 6, 2026 | $17,709 |
| Jul 5, 2026 | $12,917 |
| Jul 4, 2026 | $17,732 |
| Jul 3, 2026 | $18,711 |
| Jul 2, 2026 | $22,615 |
| Jul 1, 2026 | $20,805 |
| Jun 30, 2026 | $21,302 |
| Jun 29, 2026 | $24,195 |
Monthly RAY buybacks, all time
Show as table
| Month | Buybacks |
|---|---|
| Sep 2026 | $4,261,176 |
| Aug 2026 | $1,097,462 |
| Jul 2026 | $409,962 |
| Jun 2026 | $576,165 |
| May 2026 | $846,607 |
| Apr 2026 | $636,902 |
| Mar 2026 | $910,248 |
| Feb 2026 | $1,390,862 |
| Jan 2026 | $1,926,749 |
| Dec 2025 | $1,548,331 |
| Nov 2025 | $1,719,887 |
| Oct 2025 | $2,575,720 |
| Sep 2025 | $2,922,428 |
| Aug 2025 | $3,703,830 |
| Jul 2025 | $8,646,566 |
| Jun 2025 | $2,782,886 |
| May 2025 | $4,802,450 |
| Apr 2025 | $529,343 |
| Jul 2024 | $466,931 |
| Jun 2024 | $3,968,526 |
| May 2024 | $1,918,369 |
| Apr 2024 | $2,708,299 |
| Mar 2024 | $5,001,903 |
| Feb 2024 | $1,984,422 |
| Jan 2024 | $2,394,590 |
| Dec 2023 | $2,974,485 |
| Nov 2023 | $867,759 |
| Oct 2023 | $176,849 |
| Sep 2023 | $64,206 |
| Aug 2023 | $82,479 |
| Jul 2023 | $123,736 |
| Jun 2023 | $60,632 |
| May 2023 | $182,774 |
| Apr 2023 | $57,507 |
| Mar 2023 | $62,990 |
| Feb 2023 | $59,357 |
| Jan 2023 | $85,831 |
How the RAY buyback works
RAY is bought on the open market and burned, which reduces the token supply.
- Holders revenue
- Fees allocated to RAY token buybacks (12% across all pool types).
- 25% of the protocol fee is used to buy back and burn RAY.
Source: DefiLlama holders revenue for raydium. First recorded buyback Jan 9, 2023, most recent Sep 26, 2026. Days are UTC. See the methodology for how yield and annualized figures are calculated.
RAY buyback FAQ
Does Raydium buy back RAY?
Yes. Raydium has an active RAY buyback program, with $4.40M bought back in the 30 days to Sep 26, 2026. RAY is bought on the open market and burned, which reduces the token supply.
How much RAY has Raydium bought back?
$64.5M in total since Jan 9, 2023, including $18.2M in the last 365 days and $4.40M in the last 30 days (data through Sep 26, 2026).
How is the RAY buyback funded?
According to DefiLlama's methodology: Fees allocated to RAY token buybacks (12% across all pool types). 25% of the protocol fee is used to buy back and burn RAY.
What is RAY's buyback yield?
8.9%. That is RAY's annualized buybacks ($53.5M, based on the last 30 days) divided by its market cap of $600M.