Raydium’s Q3 2025 report highlights explosive growth on Solana, driven by its new LaunchLab token platform and multi-pool liquidity innovations. The DEX saw net revenue rise 69 percent to 24.3 million dollars and total trading volumes reach 51.9 billion dollars, reinforcing its position as Solana’s leading DeFi hub. LaunchLab fueled protocol-wide adoption, accounting for over half of Raydium’s revenues, while institutional-grade upgrades and efficient capital allocation boosted treasury assets to nearly 240 million dollars. As the ecosystem matures, Raydium’s diversification, deep liquidity, and relentless product development set it apart for sustainable growth and ongoing market leadership.