Raydium CLMM lets LPs concentrate capital in price ranges for higher efficiency — with fee tiers as low as 1bps on the tightest pools.
Raydium's CLMM (Concentrated Liquidity Market Maker) is the most capital-efficient pool type on Raydium, inspired by Uniswap v3's concentrated liquidity model. Rather than spreading liquidity uniformly across all prices (0 to infinity), CLMM LPs choose a specific price range to deploy capital. When the market price is within your range, you earn fees at a higher rate per dollar deposited. When price moves outside your range, you stop earning fees.
CLMM pools on Raydium offer multiple fee tiers — from 1bps (0.01%) for extremely correlated pairs like USDC/USDT, up to 200bps (2%) for highly volatile pairs. The right fee tier depends on expected volatility and competition from other LPs.
Solana's largest native AMM — deep liquidity, three pool types, concentrated liquidity, and the primary launchpad for new Solana tokens.
Step-by-step walkthrough — from wallet connection to your first swap or liquidity position.
io. Click Liquidity and then select a CLMM pool (look for the CLMM badge).
Select the token pair. Check the current APY and fee tier. Major pairs like SOL/USDC have multiple fee tier options.
Choose the minimum and maximum price for your position. A narrow range earns more fees per dollar but requires more frequent rebalancing.
Enter amounts for both tokens. CLMM requires both tokens in the proportion determined by your range and current price.
If the market price moves outside your range, your position earns zero fees. Remove liquidity and create a new position centered on the new price.
"CLMM on Raydium is excellent once you understand range management. Running a tight SOL/USDC range, rebalancing weekly, and the fee APY outperforms full-range positions significantly. The interface for adjusting ranges is clean."
"Tried CLMM, got burned by going out of range during a SOL rally. Now I use wider ranges (±35% from current price) that need less rebalancing. Still earn more than standard AMM but with manageable overhead."
"Raydium\'s CLMM implementation is technically solid. The fee tier selection and tick spacing match Uniswap v3\'s model but with Solana\'s speed and cost advantages. Building LP tooling on top of it is straightforward."