Raydium vs Pointpay: Fees, Security, Features & Which to Choose (2025)

Trying to choose between Raydium and Pointpay This side-by-side comparison reveals total cost (fees + spreads), security & licenses, coins/derivatives, deposits/withdrawals, and app quality. In 2 minutes you’ll see who wins for beginners, active traders, and long-term holders. Clear pros/cons, a quick verdict, and safe links to get started.

Last updated on September 7, 2025

Raydium

Pointpay

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Europe

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China

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Canada

United Kingdom

Yes

United States

Yes

Europe

Yes

Latin America

Yes

India

China

Canada

Yes

United Kingdom

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Raydium is ideal if:

If you thrive in the Solana ecosystem, Raydium’s high-speed, low-cost swaps and deep liquidity integration make it a natural fit.
If you're focused on strategic DeFi participation, its Fusion Pools and community-driven token offerings offer advanced, flexible yield opportunities.
If you value non-custodial trading with order-book precision, Raydium’s hybrid AMM design delivers professional execution without sacrificing decentralization.

Pointpay is ideal if:

All-in-one crypto platform Seamlessly combines exchange, wallet, payment, and banking tools in one accessible ecosystem—not just trading.
Tailored for all experience levels Offers Classic and Advanced interfaces for seasoned users, plus Quick Exchange for newcomers for fast, intuitive trades.
Engaging community ecosystem Includes staking, Vault savings, educational Learn & Earn, a Launchpad, and competitions—great for active and curious users.

Raydium isn’t ideal if:

If you prefer multi-chain access, Raydium’s strong Solana reliance may feel limiting compared to DEXs that support Ethereum, BNB Chain, or others.
If transparency matters deeply to you, Raydium’s largely anonymous founding team can raise concerns about long-term accountability.
If you prioritize ultra-robust security, ongoing DeFi exploit risks and Solana-dependency may be a deterrent despite audits.

Pointpay isn’t ideal if:

Limited advanced trading Some users find it lacks powerful tools like leveraged futures or deep charting options for professional-grade strategies.
Occasional tech hiccups Reports of login issues, app performance quirks, and delayed customer responses suggest potential reliability concerns in mobile use.
Uncertain regulatory clarity Conflicting information surrounds its licensing and regulatory compliance, leading to varied user trust and coverage depending on region.

Fees & Total Costs

Spot Maker/Take

fee tiers & native-token discounts Raydium applies a straightforward spot trading fee (maker and taker both), typically around 0.25%, with pools varying based on design—some concentrated-liquidity or specialty pools offer lower tiers down to 0.01%, and fees funnel back into liquidity rewards and RAY buybacks, though no explicit discount for using RAY is mentioned in their core documentation.

PointPay charges a flat maker-taker rate around 0.05%, offering up to 35% fee discounts for users holding increasing amounts of PXP tokens, with no tiered volume brackets beyond the PXP-based loyalty levels.

Futures/Derivatives

maker/taker & funding During its futures/perpetuals beta phase via the Orderly Network, Raydium offered remarkably low costs—0% maker fees and 0.025% taker fees—supported by Solana’s gas-free environment; funding rates weren’t prominently disclosed, suggesting they might align with market norms or be negotiated per contract.

PointPay currently does not offer any futures or derivative trading, so there are no maker/taker or funding fees applicable.

Average Spreads on Liquid Pairs

Thanks to its AMM structure integrated with the OpenBook order book, Raydium delivers competitive pricing and tight spreads on high-liquidity pairs like BTC/USDT or ETH/USDT, leveraging deep order flow to minimize slippage and price impact for traders.

While precise spread data isn’t published, the exchange is noted for offering competitive pricing that closely aligns with market prices on popular pairs like BTC/USDT and ETH/USDT.

Fiat Deposits & Withdrawals

Raydium does not support fiat on-ramps or off-ramps—it operates strictly in crypto, so users must first acquire assets on other platforms; this means no direct methods, no fiat fees or timing to report, as all funding must occur via SPL-compatible wallets.

Fiat deposits are facilitated via Mercuryo or MoonPay, and withdrawals are supported as well; deposits may include a small markup or cashback promotions but are generally straightforward, with processing times depending on the provider—often several hours to a couple of days.

On-chain Withdrawals

Withdrawals on Raydium only incur blockchain network (“gas”) fees, which are dynamic depending on Solana network pressure; there’s no fixed withdrawal fee from the protocol itself, so you only pay the variable SOL-based cost for execution.

Withdrawals incur network (miner) fees, varying by cryptocurrency and network conditions (e.g., BTC, ETH, TRX), rather than fixed platform fees, although PXP holders may enjoy reduced rates.

Hidden Costs

There are essentially no hidden or extra fees on Raydium—no conversion or inactivity charges and no KYC express or expedited processing costs—since user assets remain self-custodied, and the protocol maintains a fully decentralized, permissionless stance without such financial add-ons.

currency conversion, inactivity, expedited KYC, etc.

Real-World Cost Example: “€500 BTC

Imagine buying €500 worth of BTC via Raydium: you’d first swap an equivalent amount of crypto—incurring a ~0.25% swap fee plus minimal slippage—then withdraw BTC to your wallet, paying only the on-chain SOL network fee; there’s no fiat fee, and all costs stay modest and transparent.

If you buy €500 worth of BTC, your total cost would derive from the spread between buy/sell prices, a trading fee (e.g., ~0.05% discounted if holding PXP), and a subsequent withdrawal fee based on chain congestion and asset network—without quoting specific numbers to keep it evergreen.

Crypto Offering & Trading Features

Number of Coins & Pairs

Raydium supports over a thousand SPL-based tokens and boasts more than a thousand trading pairs, while its top 20 pairs by volume typically include heavy hitters within the Solana ecosystem with significant liquidity and trade activity.

PointPay supports well over 140–200 cryptocurrencies with around 179–224 trading pairs available; top-20 volume pairs include BTC/USDT, ETH/USDT, XRP/USDC, SOL/USDT, USDC/USDT and others such as DOGE, ADA, LINK, AVAX, BNB.

Product Range

Raydium delivers core DeFi services such as spot swaps, staking, yield farming, token launchpad (AcceleRaytor), concentrated liquidity provisioning (Fusion Pools), and perpetual futures trading—all within a self-custodial, on-chain environment.

At present, PointPay offers spot trading, staking (Vaults and flexible/locked terms), NFT and Launchpad features, savings/earn programs, and a multi-currency wallet; however, there’s no margin, perpetuals, options, ETFs, loans, copy-trading, grid bots, or automated DCA at this stage.

Liquidity

24h Volume & Book Depth Raydium often records daily volumes in the tens to hundreds of millions of dollars, supported by combined pool and order-book liquidity, which ensures ample depth—especially for major assets like BTC-SOL or ETH-SOL equivalents on Solana.

Estimated 24-hour trading volume ranges from around $138 million to over $206 million; order-book depth appears substantial for primary pairs like BTC/USDT and ETH/USDT, supporting solid liquidity for mainstream trading.

Tools

Users benefit from advanced trading features like limit orders, integration with OpenBook’s on-chain order book, real-time trading analytics, and straightforward interaction via wallet-connected interfaces, though classic charting tools like TradingView aren’t native.

PointPay supports limit, market, stop-limit, and OCO orders; it includes advanced TradingView charts with multiple indicators and timeframes, has alert features, and provides API and WebSocket support for algorithmic access.

Geographic Restrictions by Product

Certain decentralized features of Raydium—especially derivatives or token launches—may be inaccessible to residents of restricted territories such as the U.S. and others, while core swapping and staking remain broadly available

Derivatives and leverage aren’t available yet, and certain products are restricted in regions like the U.S. and other sanctioned countries, meaning advanced trading tools may not be accessible depending on your location.

Innovation

Raydium stands out with its permissionless launchpad for token offerings and the option for flexible vs locked staking; launch initiatives like AcceleRaytor and concentrated liquidity pools offer dynamic ways to participate in emerging projects.

The platform provides Launchpad projects, a multi-asset Vault with flexible and locked staking (3, 6, and 12 month terms), and regular staking promotions, all aimed at enhancing user participation and passive income opportunities.

Security, Regulation & Custody

Operating Entity & Jurisdiction

Raydium is developed by a decentralized team operating under Solana’s framework, without a publicly registered corporate entity or formal headquarters, reflecting typical DeFi protocol structure.

PointPay is operated by a Lithuania-based company founded in 2018, with its headquarters in Tallinn, Estonia, situating it within the European regulatory environment and offering it EU operational grounding.

Licenses/Registration

The protocol does not hold formal regulatory licenses like VASP or MiCA registration, operating instead as a permissionless DeFi platform without centralized oversight.

The platform currently holds a Lithuanian VASP license and is registered in the U.S. as a Money Services Business (Wyoming MSB), while actively pursuing additional licensing in the U.S. and enhanced compliance under recent European crypto frameworks.

Custody

Users retain full self-custody of their assets with no third-party custody; while audits and bug bounty programs bolster confidence, there’s no published proof of reserves or specified cold storage ratio.

PointPay uses both hot and cold wallets, including air-gapped cold storage, with user-controlled wallet options, although there is no publicized Proof of Reserves or explicit cold-storage percentage disclosure.

Insurance & Protection Funds

There’s no on-chain insurance or formally designated protection fund from Raydium—risk mitigation relies on community governance, audits, and bounty incentives rather than external insurance mechanisms.

There is no publicly available information suggesting that PointPay offers dedicated insurance coverage or protection funds for users’ assets.

Incident History

In late 2022, Raydium suffered a significant liquidity exploit (~$5M) due to a private key compromise, after which emergency governance steps and DAO-funded compensation were enacted to address losses.

There have been no major reported hacks, systemic suspensions, or regulatory penalties associated with the platform to date, suggesting a clean operational track record.

Risk Controls

Smart contracts are controlled via upgradeable programs safeguarded by Squads multisig; there’s an active bug bounty system, but typical end-user protections like 2FA, whitelists, or API permission tiers are not part of its non-custodial design.

The platform enforces standard security layers including multi-factor authentication, encrypted transaction passwords, and tiered KYC levels; however, features like API-specific permissions, sub-accounts, whitelists, or anti-phishing tools are not prominently highlighted.

Transparency

The platform maintains visible on-chain admin controls, regular audit disclosures, and governance updates, but does not provide formal monthly reports or SLAs—transparency is primarily through protocol documentation and community channels.

While PointPay commits to regulatory alignment and security, it does not currently publish regular audit reports, Proof of Reserves documents, public wallet addresses, or formalized SLAs for uptime or response times.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

Raydium does not support any fiat deposit methods—no bank transfer, card, or e-wallet options—so users must initially acquire crypto elsewhere before interacting with the protocol.

PointPay allows fiat deposits via intermediary services like Mercuryo and MoonPay, and possibly bank transfers, with straightforward minimums (e.g., around €25), though maximums vary by provider; processing times range from instant to a few hours or up to a couple of days depending on the channel.

Supported Fiat Currencies & Conversion

Raydium does not support any fiat deposit methods—no bank transfer, card, or e-wallet options—so users must initially acquire crypto elsewhere before interacting with the protocol.

KYC (Verification Levels)

Being a decentralized protocol, Raydium requires no KYC at any level—there are no identity verification steps, thus no transaction limits or tiers tied to KYC status.

PointPay’s KYC process is accessible through both app and website in five simple steps, typically completed within 24 hours; higher levels unlock full functionality such as trading, deposits, and withdrawals, while no-KYC users face limited access.

Withdrawals

Limits, Timing & Networks

Withdrawals support common crypto networks (e.g., ERC20, TRC20), with limits like up to 10 BTC per withdrawal, and dynamic network fees; processing times have improved and can average 0.5 to 5 minutes for verified transactions.

Customer Support

Raydium offers support through a help center, email, and active community forums like Discord and Telegram, but does not provide 24/7 live chat or guaranteed response times.

PointPay offers live chat (often backed by bots and staff available 24/7) plus email support, although response times may vary; a knowledge base or FAQ section is available to help users find answers independently.

Languages & Localization

Raydium’s interface is primarily provided in English, with no native Spanish support, no fiat-denominated pricing, and no country-specific localization features for regulatory compliance or currency display.

The platform supports multiple languages (over 18), displays fees in major currencies like EUR and USD, and has localized options for users—including regulatory adjustments based on region—for smoother experience.

App Quality & Stability

Raydium’s mobile app supports full DeFi functionality with a smooth interface and high responsiveness; while exact crash metrics aren’t published, user feedback indicates consistent performance and frequent feature refinements.

PointPay’s mobile apps (iOS and Android) receive frequent updates with UI improvements and security enhancements (e.g., biometric login, 2FA fixes), though there are occasional user reports of withdrawal processing issues affecting app stability for some.

Experience, Performance & Ecosystem

UX/UI

Raydium’s revamped V3 interface delivers a cleaner, more intuitive navigation, consolidating pools, dashboards, and portfolio elements into one layout; while it doesn’t offer separate “Lite” or “Pro” modes, the design balances simplicity for newcomers with advanced routing features beneficial to experienced DeFi users.

PointPay offers distinct trading interfaces—“Quick Exchange” for fast, hassle-free trading, plus Classic and Advanced modes—which helps users smoothly transition from simple to more feature-rich views as they grow comfortable.

Performance

With Solana’s high throughput under the hood, Raydium provides fast order execution and smooth interface performance, though network congestion on Solana can occasionally introduce delays during extreme volatility or high-traffic periods.

A recent technological upgrade dramatically sped up load times and responsiveness, handling up to a million concurrent users, and significantly improving order execution even during high-volatility periods.

Education

Raydium offers educational content through its Academy and governance forums, but lacks built-in demo or simulator tools and has limited Spanish-language resources, relying mostly on English documentation and community translations.

PointPay includes a “Learn & Earn” program with interactive lessons and rewards; however, it currently lacks a full demo simulator or dedicated educational content in Spanish.

Community

Raydium maintains an active base across Discord, Telegram, Twitter, and governance town halls, fostering strong community engagement and support—though it doesn’t currently offer a formal referral program.

The platform maintains an active presence via Telegram (English channel), regular AMAs, and a referral program that rewards users for inviting newcomers.

Integrations

Raydium supports SDK and API access, allowing third-party integration with tax platforms, external bots, and accounting tools; however, it lacks native TradingView integration, so charting relies on built-in graph elements or external platforms.

PointPay integrates TradingView directly for in-platform charting, and provides API access, though there’s no evidence of official tax tools, accounting software partnerships, or third-party trading bot integrations at this time.

Who Each One Is Best For

Raydium shines for users immersed in the Solana ecosystem who value fast, composable DeFi trading and liquidity tools, while casual crypto users or those seeking multi-chain, fiat-based simplicity may find interfaces like centralized exchanges or cross-chain DEXs more accessible.

PointPay serves beginner-to-intermediate traders best—offering intuitive onboarding, guided trading modes, and educational incentives—while more advanced traders relying on professional-grade tooling or automation may find the platform’s current scope limited.