Liquidity: Uniswap leadsUniswap 2 : 0
24h volume at Uniswap is $401.4M versus $104.3M at Raydium. Also TVL: $3.85B at Uniswap versus $1.21B at Raydium.
Volume, order book and open interest come from exchange APIs and aggregators and are averaged, so one lucky day decides nothing. For a purchase of a few hundred dollars the difference is invisible, but a large order fills at market depth: the more liquidity, the less is lost to slippage.
Assets: more at UniswapUniswap 3 : 0
Supported networks: 9 at Uniswap versus 1 at Raydium. Also Coins listed: 933 at Uniswap versus 372 at Raydium.
Active trading pairs are counted from the instrument lists of the exchanges themselves where they publish them, coin counts come from CoinGecko, supported networks from the Kurslog catalog. More coins means a wider choice of altcoins; more pairs makes cross trading possible without an intermediate swap.
Reliability: Uniswap leadsUniswap 1 : 0
Operating since: Operating since 2018 at Uniswap versus Operating since 2021 at Raydium.
Uptime is measured over 30 days of Kurslog monitoring with a check every 15 minutes, founding year and proof of reserves come from the catalog, trust score from CoinGecko. A one-year gap or 0.2% of uptime counts as a tie: that is not a difference that changes anything in practice.
Bottom line
Uniswap leads in 3 of 3 sections: trading and liquidity, assets, reliability. Raydium does not win a single section.
Market metrics refresh automatically, so the score can shift over time. Choose by the sections that matter to you.
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Ahead on: supported networks, 24h volume, tvl.
Open an accountUniswap review →
Worth choosing if this matters to you: Hybrid AMM + order book for deeper liquidity.
Open an accountRaydium review →Spread, order book depth and pair volume come straight from public exchange APIs every 10 minutes and are averaged over 7 days; USDT withdrawal fees come from exchange APIs every 6 hours; uptime from Kurslog monitoring; exchange volume, trust score and coin count from CoinGecko; fee tiers, languages and features are entered manually from official exchange pages. The winner of each metric is calculated, not editorially chosen. This is not investment advice.