Wallet Profit Raydium

The rate here is the whole fee the pool charged. Raydium keeps 12% to 16% of it before liquidity is paid.

Each list shows the 60 deepest and busiest pools on Solana (at least $200K in the pool and $50K traded a day, and both coins priced by the market).

A coin against a stablecoin

The shape most ranges take, and the one the trade-off is really about: the position earns fees while the price stays inside the range, selling the coin as it rises and buying more of it as it falls — so a rally leaves it holding the stablecoin and a fall leaves it holding the coin.

Two coins

Both legs move, so the pair's own price can sit still while both fall — or both rise: the position keeps its crypto exposure through a rally, where a coin-against-stablecoin range sells into it. That makes this the shape for crypto upside. Impermanent loss is measured against holding the two, not against dollars.

A tokenized stock against a stablecoin

The range follows the share's dollar price: the position sells the stock as it rises and buys it as it falls. The token trades around the clock while its market closes nights and weekends, so the price can jump at the open.

A tokenized stock against a coin

The pair's price is the share in units of the coin, and the two move for different reasons, so either one can take the range out.

Two tokenized stocks

The pair's price is one share in units of the other, so it moves only as far as the two part ways. Two forms of the same share barely move at all.

Gold against a stablecoin

A gold token against dollars: the range follows the gold price, which moves far less than a coin's, so a range lasts longer.

Two gold tokens

Both track an ounce of gold, so the pair barely moves and behaves like a stablecoin pair: it leaves a range when one stops tracking.

Stablecoin pairs

Both legs hold their peg, so the range rarely moves and impermanent loss stays small. The narrowest ranges live here.

A standard pool position covers every price, so there is no range to set and it never stops earning. What it loses against simply holding the two coins depends only on how far their price moves — the table below is the same for every standard pool. For a coin against a stablecoin, the pair’s price is just the coin’s dollar price: SOL at $100 falling to $50 is the “falls 50%” row. Halving and doubling cost the same.

Held: half the money in each coin at the start, as a pool deposit is. In the pool: the pool sells the coin as it rises and buys it as it falls, so it ends up behind holding in both directions — that gap is what the fees have to pay for.

The fees are only half the answer. Every price move puts the pool behind holding (table above), and a pair that moves every day loses a little every day. Over a year of moves like the last 90 days’, that adds up to the expected loss below; net is what is left of the fees after it.

SOL, bitcoin or ether against a stablecoin

The pair’s price is the coin’s dollar price, so the table above applies as it stands. Deepest first. The last two columns are a year of that movement: what it costs against simply holding the two coins, and what is left of the fee rate once it is taken off.

Other pairs, by what they pay

Ranked by fee rate. A high rate here usually comes with a leg that moves a lot — the “moves a day” column is the other half of the answer. The last two columns are a year of that movement: what it costs against simply holding the two coins, and what is left of the fee rate once it is taken off.

How much the pair moves is measured over the last 90 days and says nothing about the next 90. The expected loss assumes the price wanders back and forth; a pair that goes one way and stays there costs the figure in the table above instead.