Raydium has cumulatively spent $190 million to repurchase 69.10 million RAY tokens, accounting for 25% of the circulating supply.

On July 17, according to data released by Infra, as of July 2025, Raydium has cumulatively invested $190.4 million USDC to repurchase $RAY, with a cumulative repurchase volume of 69.10 million, accounting for 25% of its circulating supply.