LIVE
BTC$84,102.00▼ 1.74%ETH$2,608.87▼ 3.45%USDT$0.9999▲ 0.01%BNB$766.03▼ 1.92%XRP$1.46▼ 2.58%USDC$0.9999▲ 0.00%SOL$118.15▼ 1.77%TRX$0.3324▼ 1.10%FIGR_HELOC$1.04▲ 0.52%ZEC$1,315.82▼ 1.84%HYPE$90.39▼ 3.22%DOGE$0.0897▼ 5.30%XMR$558.10▼ 0.70%LINK$13.58▼ 1.75%USDS$0.9990▼ 0.07%WBT$83.67▼ 2.16%ADA$0.2536▼ 5.69%LEO$8.88▼ 0.19%RAIN$0.0112▼ 1.91%XLM$0.2056▼ 4.42%NEAR$4.92▼ 5.83%BCH$305.67▼ 2.82%LTC$67.33▼ 3.25%UNI$8.10▼ 8.67%USDE$0.9995▼ 0.00%AVAX$11.01▼ 2.71%CC$0.1206▼ 4.53%SUI$1.14▼ 4.96%DAI$1.0000▲ 0.01%USD1$0.9994▼ 0.01%BTC$84,102.00▼ 1.74%ETH$2,608.87▼ 3.45%USDT$0.9999▲ 0.01%BNB$766.03▼ 1.92%XRP$1.46▼ 2.58%USDC$0.9999▲ 0.00%SOL$118.15▼ 1.77%TRX$0.3324▼ 1.10%FIGR_HELOC$1.04▲ 0.52%ZEC$1,315.82▼ 1.84%HYPE$90.39▼ 3.22%DOGE$0.0897▼ 5.30%XMR$558.10▼ 0.70%LINK$13.58▼ 1.75%USDS$0.9990▼ 0.07%WBT$83.67▼ 2.16%ADA$0.2536▼ 5.69%LEO$8.88▼ 0.19%RAIN$0.0112▼ 1.91%XLM$0.2056▼ 4.42%NEAR$4.92▼ 5.83%BCH$305.67▼ 2.82%LTC$67.33▼ 3.25%UNI$8.10▼ 8.67%USDE$0.9995▼ 0.00%AVAX$11.01▼ 2.71%CC$0.1206▼ 4.53%SUI$1.14▼ 4.96%DAI$1.0000▲ 0.01%USD1$0.9994▼ 0.01%
G.MARKETS/PAIR ANALYSIS·Raydium logoRAY→Spiko EU T-Bills Money Market Fund logoEUTBL· LIVE· as of 04:38 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

RAY WOULD BE
$0.00000000
currently $2.20 · target mcap $658.20M
▲ 0.00x TO MATCHRAY NEEDS A 1.11x MOVE TO MATCH EUTBL
REALITY CHECKAt RAY's current 24h rate of +3.19%, compounding daily would take ~4 days to reach EUTBL's market cap.
COIN PROFILES·RAY vs EUTBL
Raydium logo
Raydium
SOURCE

Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX).

PRICE$2.20
24H CHANGE▲ 3.19%
MARKET CAP$594.50MFDV $1.22B · 51% supply locked
RANK#104
SUPPLY269.9M RAY
DOMINANCE0.02%
7d▲ 15.27%
VS
Spiko EU T-Bills Money Market Fund logo
Spiko EU T-Bills Money Market Fund
TARGET

Spiko EU T-Bills Money Market Fund is a fully-licensed EUR money market fund operating under the EU regulatory framework.

PRICE$1.19
24H CHANGE▲ 0.08%
MARKET CAP$658.20MFDV $658.20M · Fully circulating
RANK#101
SUPPLY552.8M EUTBL
DOMINANCE0.02%
7d▼ 0.83%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
1.11x bigger
RAY$594.50M
EUTBL$658.20M
THE CLIMBRaydium logoRAY→Spiko EU T-Bills Money Market Fund logoEUTBLMULTIPLIER▲ 1.11xGAP$63.70M
Raydium logo
SOURCERAY$594.50M
Spiko EU T-Bills Money Market Fund logo
TARGETEUTBL$658.20M
Flare logo
FLR$622.22M
Akedo logo
AKE$651.90M
log scale · mcap in USDOct 7, 2026
Raydium logo
RAYRaydium
$594.50MSOURCE
Flare logo
FLR
$622.22M
Akedo logo
AKE
$651.90M
Spiko EU T-Bills Money Market Fund logo
EUTBLSpiko EU T-Bills Money Market Fund
$658.20MTARGET
mcap in USDOct 7, 2026
BAG SCENARIOS·IF RAY HIT EUTBL MCAP·TARGET $2.44
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 RAY$220.00$243.90+$23.90
Coffee money1K RAY$2,200.00$2,439.03+$239.03
Small bag10K RAY$22,000.00$24,390.28+$2,390.28
Real bag100K RAY$220,000.00$243,902.84+$23,902.84
Whale bag1M RAY$2,200,000.00$2,439,028.40+$239,028.40
Generational10M RAY$22,000,000.00$24,390,283.97+$2,390,283.97
$658.20M compared to the world
NikeNKE
$130.00B
EUTBL mcap is 0.5% of Nike
StarbucksSBUX
$100.00B
EUTBL mcap is 0.7% of Starbucks
SpotifySPOT
$90.00B
EUTBL mcap is 0.7% of Spotify
RobloxRBLX
$30.00B
EUTBL mcap is 2.2% of Roblox
RedditRDDT
$25.00B
EUTBL mcap is 2.6% of Reddit
SnapchatSNAP
$20.00B
EUTBL mcap is 3.3% of Snapchat

About this comparison

This page compares the market capitalizations of Raydium (RAY) and Spiko EU T-Bills Money Market Fund (EUTBL). With Raydium currently at $2.20 per coin and a market cap of $594.50M, and Spiko EU T-Bills Money Market Fund at $1.19 with a market cap of $658.20M, applying Spiko EU T-Bills Money Market Fund's market cap to Raydium's circulating supply produces a hypothetical RAY price of $2.44 — a 1.11x move from current.

Raydium: Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX).

Spiko EU T-Bills Money Market Fund: Spiko EU T-Bills Money Market Fund is a fully-licensed EUR money market fund operating under the EU regulatory framework.

All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.

Frequently asked

If Raydium had Spiko EU T-Bills Money Market Fund's market cap, what would the price be?

If Raydium (RAY) had Spiko EU T-Bills Money Market Fund's (EUTBL) current market cap of $658.20M, each RAY would be worth approximately $2.44 based on the circulating supply of 269,863,589 RAY. That is 1.11x the current RAY price of $2.20.

What is the current market cap of Raydium?

Raydium (RAY) currently has a market cap of $594.50M, ranking #104 by market capitalization. Each RAY trades at $2.20.

What is the current market cap of Spiko EU T-Bills Money Market Fund?

Spiko EU T-Bills Money Market Fund (EUTBL) currently has a market cap of $658.20M, ranking #101 by market capitalization. Each EUTBL trades at $1.19.

How does RAY compare to EUTBL?

Raydium's market cap of $594.50M sits slightly above Spiko EU T-Bills Money Market Fund's $658.20M. For RAY to reach EUTBL's current valuation, the price would need to move 1.11x 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 Raydium'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.