Raydium is a major automated market maker on Solana. It is infrastructure, not a curated stock exchange. The project’s own security notes say the venue is fully permissionless: anyone can create tokens, pools and farms, and a ticker or logo is not an identity — the mint address is.
That openness is useful for honest teams and devastatingly convenient for disposable meme coins. Solidus Labs’ Solana research reported that about 93% of Raydium pools it examined showed soft rug-pull characteristics (liquidity largely removed after trading), with a median case around a few thousand dollars — industrial nickels-and-dimes, not one Hollywood heist. Treat that as a risk classification of behaviour, not a court verdict on every pool.
If a Telegram tip sends you to “buy on Raydium”, verify the mint, who can freeze or mint, whether liquidity is locked, and how concentrated early wallets are. The familiar Raydium interface does not vouch for the token any more than a motorway vouchers for every car on it.
If this already cost you money, start at Get help. Anyone selling a guaranteed clawback for an upfront fee: Fake recovery.
This article is for general information only. It is not legal or financial advice. Details change. If you have lost money, contact your bank or card issuer and use the routes on the help pages.