Raydium's RAY Gains 6% as Oct. 19 Daily Session Remains Open

Raydium (RAY) traded near $1.91 at 4:46 a.m. ET (0846 UTC) Oct. 19, about 6% above its Oct. 18 close of $1.80, while the UTC-based daily session remained open. RAY was still about 23% below its Oct. 7 close of $2.47. The Oct. 19 daily candle closes at 8 p.m. ET (0000 UTC Oct. 20), so the morning quote does not establish the token's closing price for the day. The comparison uses a completed Oct. 18 close and an intraday Oct. 19 snapshot. Raydium operates token-trading and liquidity pools on Solana. Trading fees on its pools totaled $57.1 million in the third quarter, compared with $17 million in the second quarter. Its fee rules direct 12% of trading fees from CLMM, CPMM and standard AMM v4 pools to RAY buybacks.

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