How to trade on Raydium, step by step on ripr

Raydium is one of the main places Solana coins trade: on-chain pools that anyone can swap against. You don't have to go pool-hunting to use them. On ripr you search the coin, read its liquidity and holder data, set a slippage you understand and confirm, and the trade goes to the Raydium market that coin trades in.

Here is the whole loop, in the order you'll do it.

What trading on Raydium involves

Raydium is a decentralised exchange on Solana. Rather than matching buyers and sellers in an order book, it holds pools of two tokens, and your swap shifts the balance between them. That balance is the price. Every swap pays the pool's own trading fee, which goes to the people who supplied the liquidity.

It runs more than one kind of pool. The classic pair pool (AMM v4), the newer CPMM, the concentrated-liquidity CLMM and LaunchLab for brand-new coins all work a little differently underneath. A trade you place on ripr can go to any of those four Raydium families, to the other main Solana launchpads and pools, or to ripr's own bonding curve.

So picking a pool isn't your job. You choose a coin and an amount; ripr works out the market behind it when it prepares the trade. Coins launched on ripr's own curve graduate into a Raydium CLMM pool, so a coin you bought at launch keeps trading in the same place afterwards.

Find the coin on ripr

There are two ways in, depending on whether you already know what you're buying.

1. Search the contract address. Every Solana coin has one: a unique mint address that identifies it on chain. ripr's search takes a name or a ticker, and it takes a full contract address too. The address is the one nobody can imitate.
2. Browse Explore. Explore lists trending and newly launched coins alongside upcoming ones, and keeps your watchlists. Its screener filters by trading venue and by launchpad, with range filters for things like market cap and pool liquidity, so you can narrow the board to the Raydium markets and sort from there.

Tickers repeat. Names get copied, logos get copied, and the lookalike is often the one moving. When someone sends you a coin, ask for the address.

Read the pool before you buy

A pool will tell you a lot before you commit anything. On a coin's page, ripr shows the pooled liquidity and the holder count, plus how much of the supply the top 10 and top 50 wallets and the creator hold. Pools and vaults are left out of those shares.

Take dogwifhat, one of the older Solana meme coins. ripr's own market data puts its main market in a Raydium AMM v4 pool with roughly $2.6 million of liquidity and about 29,000 holders, and shows the top ten wallets sitting on close to half the supply. That is not a verdict on the coin either way. It tells you how much size the pool can absorb before your own order moves the price, and how many wallets could move it against you while you're in.

ripr also runs rule-based checks for known rug patterns before a buy and shows what they find: a creator holding unlocked liquidity, liquidity that has already been pulled, a launch that looks coordinated. On iOS and Android the coin page flags coins that are under review, low on liquidity, still being checked or showing paused prices. No coin is ever labelled safe, and a quiet warnings panel is not the same thing as a clean coin — read it as one input among several.

Explore has a Hide warnings switch that drops flagged coins out of the lists. It is off until you turn it on, and coins nobody has scored yet stay in either way. Our post on spotting a risky meme coin goes through the patterns in more detail.

Place the trade

Funding comes first. Signing up for ripr creates a Solana wallet for your account, so there is no separate wallet app to set up before your first trade. You can add money by card or Apple Pay, or by UPI and bank transfer in India, through payment providers that show their own fees at checkout. Keep a little SOL spare while you're at it: network fees are paid in SOL, and your first buy of any coin opens a token account with a small refundable deposit.

Then the trade:

1. Open the coin page and tap the trade button at the bottom.
2. Enter a SOL amount, or a target number of tokens.
3. Check the slippage.
4. Confirm.

Step three is the one worth slowing down for. Slippage is the maximum price change you'll accept while your trade executes. Set it too tight and the trade fails; leave it wide on a thin pool and you can fill well away from the number you saw. ripr's Auto slippage sets that limit from how far the coin moved in the last five minutes, somewhere between 3% and 15%, and you can set it yourself instead.

On a Raydium pool the transaction carries an on-chain minimum output worked out from that slippage, so the chain itself rejects a fill worse than your limit. If the price moves while you're deciding, ripr asks you to accept the new price before anything is signed.

Confirming starts a short sequence. ripr's server prepares the transaction, the app checks it on your device against the amount and slippage you chose and refuses it if anything differs, and your own wallet signs it. The app then re-sends that same signed transaction for about a minute and follows its status until it confirms or provably expires. Because it is one signature, it can only fill once.

On iOS and Android the trade sheet lists the network fee, any ripr router fee and the refundable account deposit before you confirm. A buy button also sits on the desktop web chart and trades at a pre-filled amount in one click, which is handy once you've settled on a size you repeat.

What to do after the fill

Your position appears on the coin page as soon as the trade lands. Portfolio and your profile on iOS and Android add realised and open profit and loss over 7 or 30 days, so you can see what a run of Raydium trades actually did rather than guessing from memory.

Selling is the same sheet in reverse: open it, choose a share of your holdings, confirm. A full sell can close that coin's token account and hand the rent deposit back to you.

If you'd rather not sit on the chart, drag a take-profit or stop-loss line onto it and ripr sells when the price touches it, as long as the app or the coin page is open. A thin pool can jump past a level in a single trade, so give a line a little room instead of setting it right on top of the price.

A short checklist before any Raydium trade

• Size each trade so a total loss would be survivable. Meme coins reach zero often.
• Paste the full contract address instead of trusting a ticker.
• Read the holder split and the warnings panel before you look at the price.
• Keep SOL in the wallet for fees so a trade doesn't fail on the last step.
• Ignore DMs offering to rescue your wallet or hand you an airdrop. No honest app asks for your recovery phrase, and every trade on ripr is signed by your own wallet rather than by ripr's servers.

Trading a Raydium market comes down to the same four moves every time: find the coin by its address, read the pool, set a slippage you understand, confirm. Open Explore and start with a size you won't think about twice, or read the full walkthrough of buying a coin first.

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Last verified 2 November 2026. This article is published by ripr, which builds an app for trading Solana coins. Nothing here is financial advice.