PAXG to RAY: Exchange PAX Gold for Raydium Without KYC

Send PAX Gold (PAXG, an ERC-20 token on Ethereum) and receive Raydium (RAY, an SPL token on Solana) in your own wallet, with no account and no KYC. It is a cross-chain swap from Ethereum to Solana, with no bridge and no wrapped tokens.

10–25 min
No account · No KYC
Non-custodial
Fees included in quote

You Send

PAXG

You Get

RAY

Recipient Wallet

Sender Address

⚠️ Enter the exact wallet you are sending from. Your funds must be sent from this address.

By clicking Confirm exchange, you agree to the Privacy Policy & Terms of Service.

PAXG

PAX Gold

Price:

$4,138.65

24h Change:

0.28%

Market Cap:

$1.83B

Volume (24h):

$96.89M

Circulating Supply:

441.7K PAXG

RAY

Raydium

Price:

$1.99

24h Change:

-2.86%

Market Cap:

$537.64M

Volume (24h):

$44.71M

Circulating Supply:

269.96M RAY

Data by CoinGecko

PAXG to RAY Exchange Rate

1 PAXG = 2,079.72 RAY

The 1 PAX Gold to Raydium reference rate at market prices, before fees. The exact amount, minimum and maximum are shown in the exchange box before you send.

Live market rate

PAXG to RAY swap at a glance

Everything that is specific to swapping PAX Gold to Raydium on GhostSwap.

PAX Gold (PAXG)You send · ERC-20 token on Ethereum

Raydium (RAY)You receive · SPL token on Solana

It is a cross-chain swap from Ethereum to Solana, with no bridge and no wrapped tokens.

Swap time

10–25 minuntil your RAY is sent

Network fee

Paid in ETHkeep a little ETH too

Account / KYC

NoneNo sign-up, email or ID for standard swaps

Tracking

Live status pagePAXG on Etherscan · RAY on Solscan

Your RAY address

Solana addressIt is 32–44 letters and numbers with no 0x prefix. Wallets: Phantom, Solflare or a Ledger.

Reference rate

1 PAXG ≈ 2,079.72 RAY1 RAY ≈ 0.000481 PAXG · market prices, 21 Oct 2026

Send PAXGAbout 2–5 minutes to confirm on Ethereum
GhostSwap swaps itAt the floating rate, fees already in the quote
Receive RAYSent to your address; Solana confirms in under a minute

Facts checked 21 Oct 2026Reverse: RAY to PAXG

PAXG to RAY Live Price Chart

PAXG/RAY

Loading chart...

Reference market prices, updated live

What is PAX Gold?

PAX Gold (PAXG) is a digital asset backed by physical gold reserves held in custody by Paxos Trust Company. Each PAXG token represents one fine troy ounce of a gold bar. It allows users to own and trade gold without the need for physical storage. PAXG tokens are used for investment and can be redeemed for physical gold.

What is Raydium?

Raydium (RAY) is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). It offers fast transactions and low fees. RAY tokens are used for staking, governance, and earning rewards within the platform.

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Why Swap PAXG for RAY?

Converting PAX Gold to Raydium on GhostSwap moves your funds from PAXG into RAY without KYC or account creation. PAX Gold is a token on Ethereum. Raydium is used for fees and rewards on the Raydium DEX on Solana.

Two different networks

PAXG runs on Ethereum and RAY on Solana; GhostSwap swaps between them in one step.

About Raydium

Raydium is used for fees and rewards on the Raydium DEX on Solana.

No KYC or exchange accounts

GhostSwap processes your PAXG to RAY swap without sign-ups, identity verification, or personal data. Just a wallet address.

Exchange PAXG for RAY on GhostSwap. Most swaps are paid out within 10–25 minutes after you send, with no registration and no verification for standard swaps.

Convert PAX Gold to Raydium

PAXG	RAY at market price
0.005PAXG	10.3986RAY
0.01PAXG	20.7972RAY
0.02PAXG	41.5945RAY
0.05PAXG	103.9862RAY
0.1PAXG	207.9724RAY
0.2PAXG	415.9447RAY
1PAXG	2,079.72RAY
2.5PAXG	5,199.31RAY

At market prices of $4,138.65 per PAXG and $1.9900 per RAY (21 Oct 2026), 0.1 PAXG is worth about 207.9724 RAY. Your exact amount, after network fees, is shown in the exchange box before you send.

Convert Raydium to PAX Gold

RAY	PAXG at market price
10RAY	0.004808PAXG
25RAY	0.012021PAXG
50RAY	0.024042PAXG
100RAY	0.048083PAXG
250RAY	0.120208PAXG
500RAY	0.240417PAXG
2,500RAY	1.2021PAXG
5,000RAY	2.4042PAXG

Going the other way, 250 RAY is worth about 0.120208 PAXG at the same prices.

How to Exchange PAX Gold to Raydium

Select PAXG and RAY

Pick PAXG in “You send” and RAY in “You get”, then enter the amount. The box shows how much RAY you get and the minimum PAXG for this pair.

Enter Raydium Address

Paste the Solana address that should receive the RAY (it is 32–44 letters and numbers with no 0x prefix). Then enter the Ethereum address you send PAXG from; a refund, if ever needed, goes there.

Send PAX Gold

Send exactly the amount shown from your own Ethereum wallet to the one-time deposit address. Keep a little ETH in that wallet for the network fee.

Receive Raydium

Your RAY is usually paid out 10–25 minutes after you send your PAXG, and Solana then confirms it in under a minute. Follow each step on the status page with your swap ID.

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PAXG to RAY: questions and answers

Everything you need to know about exchanging PAXG to RAY on GhostSwap.

How long does it take to swap PAXG to RAY on GhostSwap?

Most PAXG to RAY swaps are paid out within 10–25 minutes: the PAXG deposit needs about 2–5 minutes to confirm on Ethereum, then the RAY is sent to your wallet, and Solana confirms the payout in under a minute. Busy networks can add a few minutes.

How much is 1 PAXG in RAY?

1 PAXG is worth about 2,079.72 RAY at the market rate, before fees (market prices, 21 Oct 2026). GhostSwap's quote in the exchange box already includes the service fee and the RAY network fee. The rate floats with the market until your PAXG deposit confirms, so the exchange box shows the exact amount before you send.

Do I need KYC or an account to exchange PAXG to RAY?

No. GhostSwap has no accounts: you paste the Solana address that should receive the RAY, send PAXG from your own wallet, and the RAY goes straight to that address. No email, phone number or ID upload.

What are the fees for converting PAX Gold to Raydium?

The GhostSwap fee is already included in the rate in the exchange box, so the RAY amount you see is what you receive. On top of that, your wallet needs a little ETH to pay the Ethereum network fee for sending PAXG.

What wallet should I use to receive RAY?

To receive Raydium from your swap, we recommend using Phantom, Solflare or a Ledger. Make sure your wallet supports the Solana (SPL token) network before starting the exchange. Double-check your RAY address before confirming, cryptocurrency transactions cannot be reversed.

What format is the RAY address?

Use a Solana address: it is 32–44 letters and numbers with no 0x prefix. Copy it from your wallet and paste it; never type it by hand. Sending RAY to an address on another network can lose the coins.

Can I track my PAXG to RAY swap?

Yes. After initiating your swap, GhostSwap provides a transaction status page where you can monitor progress in real-time. You can also track your PAXG payment on Etherscan (https://etherscan.io) and your incoming RAY on Solscan (https://solscan.io).

Is it safe to exchange PAXG for RAY on GhostSwap?

GhostSwap is non-custodial: there is no account balance holding your coins. Your PAXG deposit is converted and the RAY is sent straight to the Solana address you enter, so check that address twice, Solana transfers cannot be reversed.

How does a cross-chain PAXG to RAY swap work?

PAX Gold lives on Ethereum and Raydium on Solana, two separate blockchains. Instead of a bridge, GhostSwap takes your PAXG on Ethereum and pays native RAY on Solana, so you never hold a wrapped token or pay bridge fees.

What happens if my PAXG to RAY exchange fails?

If a swap cannot be completed, the PAXG is refunded to the Ethereum address you entered as the sender address. If something looks stuck, contact support with your swap ID from the status page. Most problems come from sending a different amount than shown or using an address on the wrong network.