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Raydium Surpasses $1T in Volume Following Robinhood and Revolut Listings

Business

Raydium Surpasses $1T in Volume Following Robinhood and Revolut Listings
Business

Business

Raydium Surpasses $1T in Volume Following Robinhood and Revolut Listings

2026-05-29 20:03 Last Updated At:20:20

NEW YORK & LONDON--(BUSINESS WIRE)--May 29, 2026--

Raydium, the highest-volume decentralized exchange on Solana and the on-chain liquidity protocol behind more than $1 trillion in cumulative trading volume, has had its RAY token listed on Revolut and Robinhood. The back-to-back listings make RAY the first token from a Solana-based decentralized exchange available on both consumer finance apps.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260529915969/en/

Robinhood and Revolut have been selective in listing DeFi assets, with both platforms adding RAY within weeks of each other. The listings follow more than a year of sustained growth in Raydium’s on-chain activity, trading volume, and protocol revenue, all of which can be independently verified on-chain by compliance teams.

Raydium has facilitated over $1 trillion in on-chain trading volume and generated $370 million in lifetime protocol revenue. The protocol remains the highest-volume decentralized exchange on Solana across the most recent measurement periods. Tokenized equity volume on the protocol crossed $1 billion this month, with US-listed stocks including Tesla and Nvidia routing through Raydium liquidity pools via xStocks and related issuer partnerships.

Raydium’s tokenized equity activity comes amid growing institutional and regulatory focus on tokenized securities infrastructure, with Bloomberg, Reuters, and Business Insider reporting the U.S. Securities and Exchange Commission is evaluating frameworks for tokenized equities and blockchain-based settlement systems.

“There is currently no other DeFi token on both Robinhood and Revolut, and Raydium remains the only Solana DEX to have processed more than $1 trillion in cumulative trading volume through its liquidity pools. We believe the listings are a consequence of those numbers,” said Ben Ungvari, Chief Marketing Officer at Raydium.

The combined reach of the two platforms spans the US, UK, and EU. Robinhood reports roughly 25 million funded retail accounts. Revolut has more than 50 million users globally. Account holders on these platforms now have access to Raydium, Solana's largest DeFi protocol, with the same trading experience used for equities, commodities, and other financial products.

“A Robinhood user, a Revolut user, and a self-custody wallet holder are now trading RAY against the same underlying pool of on-chain liquidity. For the first time, a DeFi-native asset has made this possible at this scale, and it changes what distribution for an on-chain protocol actually looks like,” said Ben Ungvari, Chief Marketing Officer at Raydium.

Raydium powers on-chain liquidity for tokenized real-world assets on Solana. The protocol hosts tokenized shares of Tesla, Nvidia, Strategy (MSTR), S&P 500 and others through the xStocks integration. It is also the main trading venue for PRIME, the RWA consortium led by Figure (Nasdaq: FIGR), which has originated more than $19 billion in home equity loans on-chain. Stablecoin pools on the protocol include Circle's USDC and PayPal USD (PYUSD), issued by Paxos. Raydium is the primary DEX venue for tokenized real-world assets on Solana by cumulative volume.

About Raydium

Raydium is the leading on-chain automated market maker and liquidity protocol in the largest public blockchains by active user count and transaction volume. The protocol provides concentrated liquidity and permissionless pool creation for assets ranging from native tokens, tokenized US-listed equities and Real World Assets. Since launch, Raydium has processed more than $1 trillion in cumulative trading volume, generated $370M in lifetime protocol revenue and consistently ranks as the highest-volume decentralized exchange in its category by daily and monthly turnover.

Protocol data and financials sourced from the Blockworks Raydium Analytics Dashboard and Q1 2026 Tokenholder Report.

Raydium surpasses $1 billion in tokenized equities volume

Raydium surpasses $1 billion in tokenized equities volume

Raydium's RAY token listed on Robinhood and Revolut

Raydium's RAY token listed on Robinhood and Revolut

MANILA, Philippines (AP) — A Philippine anti-graft court ordered the arrest of a prominent senator on Friday over allegations he pocketed a kickback of millions of dollars in a flood-control project, in the latest crisis to entangle the Senate.

Sen. Jinggoy Estrada surrendered and posted bail before the Sandiganbayan court, allowing him to remain free while the case proceeds.

The court barred Estrada from leaving the country while facing the first of two corruption-related charges in relation to the flood control project anomalies.

Another warrant for his arrest for the second charge, which is non-bailable, is expected to be issued by the court soon, top anti-graft prosecutor Jesus Crispin Remulla told The Associated Press.

Estrada, 63, has strongly denied allegations mainly by a former government public works engineer that he received more than 570 million pesos ($9.3 million) in kickbacks.

“I intend to avail myself of every lawful means to defend myself and clear my name,” Estrada said.

The senator was an actor like his father, former President Joseph Estrada. Both have been previously detained on other corruption-related charges.

Several other senators and members of the House of Representatives have been implicated in the flood control anomalies in a poverty-stricken Asian archipelago that is among the most vulnerable to deadly floods and typhoons.

Another senator, Ronald dela Rosa, has gone into hiding after the International Criminal Court issued a warrant for his arrest for an alleged crime against humanity.

Dela Rosa was a former national police chief who enforced a brutal anti-drugs crackdown under then-President Rodrigo Duterte that left thousands of mostly petty suspects dead. The unprecedentedly large numbers of killings alarmed Western governments.

Duterte, who stepped down in 2022 after his stormy six-year term, was arrested last year on orders of the ICC and flown to the Netherlands, where he was detained and will face trial for alleged crimes against humanity starting in November over some of the killings.

Duterte and dela Rosa have denied any wrongdoing but Duterte had repeatedly threatened drug suspects with death.

Dela Rosa has been absent in the Senate since November for fear of getting arrested. On May 11, he suddenly reappeared to help an ally, Sen. Alan Peter Cayetano, capture the Senate presidency with a slim majority of 13 votes in the 24-member chamber.

Dela Rosa dashed to the Senate plenary hall after government agents tried to arrest him. He was taken into the Senate’s protective custody but fled two days later after the chamber’s security chief and two aides opened fire after seeing government agents in an adjacent building.

The dozens of gunshots did not cause any injuries but sparked chaos in the Senate that police investigators said may have provided dela Rosa a cover to escape.

Estrada, dela Rosa and Cayetano are allies of Duterte and his daughter, Vice President Sara Duterte, who was impeached by the House of Representatives in an overwhelming vote on May 11 over criminal allegations that include unexplained wealth and threatening to have President Ferdinand Marcos Jr., his wife and a former House speaker assassinated.

The vice president, who has announced plans to seek the presidency in 2028, denies the allegations but has not answered them in detail.

Despite the crises besetting the Senate, it has convened as an impeachment court for the vice president’s trial that may start in July.

Associated Press video journalist Joeal Calupitan in Manila, Philippines contributed to this report.

Senator Jose Pimentel "Jinggoy" Estrada, center, leaves the Sandiganbayan Anti-Graft Court in Quezon City, Metro Manila, Friday, May 29, 2026, after posting bail in connection with his graft case. (AP Photo/Gerard Carreon)

Senator Jose Pimentel "Jinggoy" Estrada, center, leaves the Sandiganbayan Anti-Graft Court in Quezon City, Metro Manila, Friday, May 29, 2026, after posting bail in connection with his graft case. (AP Photo/Gerard Carreon)

Senator Jose Pimentel "Jinggoy" Estrada, center, leaves the Sandiganbayan Anti-Graft Court in Quezon City, Metro Manila, Friday, May 29, 2026, after posting bail in connection with his graft case. (AP Photo/Gerard Carreon)

Senator Jose Pimentel "Jinggoy" Estrada, center, leaves the Sandiganbayan Anti-Graft Court in Quezon City, Metro Manila, Friday, May 29, 2026, after posting bail in connection with his graft case. (AP Photo/Gerard Carreon)

FILE -Senator Jinggoy Estrada smiles during a break in investigations on flood-control projects at the Senate Blue Ribbon committee in Pasay city, Philippines on Sept. 8, 2025. (AP Photo/Aaron Favila, File)

FILE -Senator Jinggoy Estrada smiles during a break in investigations on flood-control projects at the Senate Blue Ribbon committee in Pasay city, Philippines on Sept. 8, 2025. (AP Photo/Aaron Favila, File)

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