PENDLE→
RAYIf had 's mcap →
#115 · PENDLE
#112 · RAY
Pendle is a protocol that enables the tokenization and trading of future yield.
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX).
PENDLE→
RAYMULTIPLIER▲ 1.03xGAP$13.81M
FOR CONTEXT
$480.81M compared to the world
About this comparison
This page compares the market capitalizations of Pendle (PENDLE) and Raydium (RAY). With Pendle currently at $2.69 per coin and a market cap of $467.01M, and Raydium at $1.78 with a market cap of $480.81M, applying Raydium's market cap to Pendle's circulating supply produces a hypothetical PENDLE price of $2.77 — a 1.03x move from current.
Pendle: Pendle is a protocol that enables the tokenization and trading of future yield.
Raydium: Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX).
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If Pendle had Raydium's market cap, what would the price be?
If Pendle (PENDLE) had Raydium's (RAY) current market cap of $480.81M, each PENDLE would be worth approximately $2.77 based on the circulating supply of 173,577,698 PENDLE. That is 1.03x the current PENDLE price of $2.69.
What is the current market cap of Pendle?
Pendle (PENDLE) currently has a market cap of $467.01M, ranking #115 by market capitalization. Each PENDLE trades at $2.69.
What is the current market cap of Raydium?
Raydium (RAY) currently has a market cap of $480.81M, ranking #112 by market capitalization. Each RAY trades at $1.78.
How does PENDLE compare to RAY?
Pendle's market cap of $467.01M sits slightly above Raydium's $480.81M. For PENDLE to reach RAY's current valuation, the price would need to move 1.03x from its current level.
Is this comparison financial advice?
No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming Pendle's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.