Products

Quick comparison of Raydium product surfaces and when to use each one.

Raydium is a set of product surfaces built around independent Solana programs and integrations. Start here to choose the right product, then use the product pages for accounts, math, instructions, fees, and code examples.

Product comparison

Product	Market type	Token-2022	OpenBook dependency	When to use
AMM v4	Constant-product (xy=k)	No	Inert (originally yes; OpenBook integration deactivated)	Existing pools and integrations that depend on the v4 market layout. New pools default to CPMM.
CPMM	Constant-product (xy=k)	Yes	No	New constant-product pools. Supports transfer-fee tokens. Lower gas than v4.
CLMM	Concentrated liquidity (sqrt price, ticks)	Yes	No	Stable pairs, tight-range market making, capital-efficient LP positions.
Farm / Staking	Reward distribution	Partial	No	Incentivizing LP positions or single-asset staking.
Perps	Perpetual futures	N/A	No	Leveraged trading through Raydium Perps, powered by Orderly Network.
Stable AMM	Stablecoin-correlated AMM	No	Inert AMM v4-style wiring	Existing stable pools and integrations; not the default for new pools.
AMM Routing	Multi-pool routing	Depends on routed pool	Depends on routed pool	Composing multiple Raydium AMM pools in one route.

LaunchLab has its own Launch tools tab because token launches need a dedicated user and builder flow.

Product references

AMM v4

The original Raydium constant-product AMM. Originally hybrid against OpenBook; that integration has been deactivated, so it operates today as a pure AMM.

CPMM (Standard AMM)

Pure constant-product AMM, no orderbook. Supports Token-2022 transfer fees. Recommended for new constant-product pools.

CLMM

Concentrated-liquidity AMM. Liquidity is provided into price ranges; positions earn fees only when price is in range.

Farm / Staking

Reward distribution program for LP tokens and single-asset staking. Supports multiple reward mints and custom schedules.

Perps

Perpetual futures: leverage, order types, collateral, funding, and API integration notes.

Stable AMM

Stablecoin-correlated pools and legacy Stable AMM account/instruction references.

AMM Routing

Multi-pool routing account, math, instruction, fee, and code references.