As reported by Biji.com, Raydium's Q3 2025 revenue increased by 69% quarter-on-quarter to $24.3 million, with LaunchLab contributing $12.8 million (53% of total revenue) as the main growth driver. Total trading volume reached $519 billion (up 31% QoQ), and Raydium's Solana DEX market share expanded to 15.9%. The protocol maintained a 95% profit margin, while capital assets grew by 34% to $239.9 million. However, the revenue concentration in LaunchLab tokens supported by LetsBonk presents diversification challenges.
Raydium Q3 2025 Revenue Surpasses $24.3M, LaunchLab Drives 53% of Income
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