Solana’s most popular decentralized exchange (DEX) has unveiled its Raydium Fee Share program, a configurable creator fee that allows platforms and token deployers to capture lifetime revenue from every performed swap on pools they seed. The feature is built directly into Raydium’s concentrated liquidity market maker (CLMM) program, with fees settable at pool initialization and earnings accruing onchain, collectable on demand in SOL, USDC, or any token of choice.
Raydium Fee Share explained
In the past, trading platforms creating demand for Solana had difficulty establishing an economic model that suited their needs. In general, once a token was deemed valid and able to trade on a DEX, the platform that originated that demand stopped earning entirely, regardless of the volume those pools generated. Sadly, founders had two unattractive options: fork an existing Automated Market Maker (AMM) or build one from scratch—both expensive, risky, and liquidity-fragmenting paths (both options are expensive, risky, and likely to split the liquidity among the platforms).
The Raydium Fee Share solves this dilemma at the infrastructure level. At pool initialization, platforms set a fee rate [configurable in basis points (bps)] that applies to every swap. To this point, the standard swap fee remains unchanged; a new layer sits on top to drive partner platform revenue, leaving existing liquidity provider (LP) fees untouched. The access is limited/permissioned; only approved partners will be able to initialize pools that include the fee sharing feature, and thus establish this as a business-to-business (B2B) infrastructure layer rather than an open commodity.
As the volume grows, the revenues generated will also grow linearly, and pools trade 24/7. As an example, if there is a total of $100 million in cumulative swap volume on the pool:
- 10 bps returns $100,000 to the platform
- 25 bps returns $250,000
- 50 bps returns $500,000
- 100 bps returns $1,000,000
The pool will continue to earn revenue for as long as it trades.
First integrations and how to participate
So far, Metaplex, Bonkfun, and Trendsdotfun are the first platforms live on the Raydium Fee Share. All tokens created through the Metaplex App automatically migrate liquidity to Raydium CPMM pools, with Bonkfun and Trendsdotfun pools earning from every swap on Raydium. At the moment, the feature/program is now open for applications; builders on the Solana blockchain can contact the Raydium team to set up their fee structure.
Why Solana DeFi is important
Numbers say it all. With a lifetime volume of more than $1.1 trillion and over 700 million unique accounts and wallets, Raydium is one of the most important sources of liquidity on Solana. Raydium Fee Share enables platforms to plug into that massive infrastructure and distribution from day one, rather than bootstrapping from scratch. This profoundly changes the platform from a simple DEX to an ecosystem-wide revenue-sharing infrastructure layer that aligns incentives across the ecosystem.