Raydium is a decentralized automated market maker (AMM) and liquidity provider built on the Solana blockchain that taps Serum’s central limit order book (CLOB). Swapping on Raydium gives traders fast confirmations, low fees, and deep liquidity aggregated across AMM pools and Serum order books.

What is a Raydium Swap?

At its core a swap on Raydium exchanges one SPL (Solana Program Library) token for another. Raydium routes trades across on-chain liquidity pools and Serum order books to get competitive prices and minimize slippage. This hybrid approach combines the instant pricing of AMMs with the order-book depth of Serum.

Key Features

How Swaps Work (Simple)

When you request a swap Raydium evaluates routes using available AMM pools and Serum order books, estimates price impact and fees, then executes transactions that atomically swap your tokens. The UI shows an estimated output — not guaranteed — which finalizes once the transaction is confirmed on-chain.

Step-by-step: How to Swap on Raydium

  1. Connect wallet: Open Raydium's Swap page and connect a Solana-compatible wallet (Phantom, Solflare, Sollet, etc.).
  2. Select tokens: Choose the token you want to swap from and the token you want to receive.
  3. Enter amount: Type the amount to swap and review the estimated output and slippage tolerance.
  4. Adjust settings (optional): If you expect volatility increase slippage tolerance, otherwise keep default low to avoid sandwich attacks.
  5. Review fees and price impact: Check the displayed network fee and price impact; small pools may show higher slippage.
  6. Confirm swap: Approve the transaction in your wallet and wait for on-chain confirmation.
Tip: Use small test swaps if trading a new token or interacting with an unfamiliar pool.

Security & Best Practices

Troubleshooting