RAY to INJ: Exchange Raydium for Injective Protocol Without KYC

Send Raydium (RAY, an SPL token on Solana) and receive Injective Protocol (INJ) on Injective in your own wallet, with no account and no KYC. It is a cross-chain swap from Solana to Injective, with no bridge and no wrapped tokens.

  • 5–15 min
  • No account · No KYC
  • Non-custodial
  • Fees included in quote
Crypto Exchange
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RAY
RAY
INJ
INJ


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

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Raydium Logo
RAY
Raydium
Price:
$2.48
24h Change:
14.05%
Market Cap:
$668.27M
Volume (24h):
$225.32M
Circulating Supply:
269.86M RAY
Injective Protocol Logo
INJ
Injective Protocol
Price:
$7.33
24h Change:
-2.65%
Market Cap:
$732.11M
Volume (24h):
$114.87M
Circulating Supply:
100.00M INJ

Data by CoinGecko

RAY to INJ Exchange Rate

1 RAY = 0.338336 INJ

The 1 Raydium to Injective Protocol 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

RAY to INJ swap at a glance

Everything that is specific to swapping Raydium to Injective Protocol on GhostSwap.

Raydium (RAY)You send · SPL token on Solana
Injective Protocol (INJ)You receive · Injective network

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

Swap time
5–15 minuntil your INJ is sent
Network fee
Paid in SOLkeep a little SOL too
Account / KYC
NoneNo sign-up, email or ID for standard swaps
Tracking
Live status pageRAY on Solscan · INJ on Mintscan
Your INJ address
Injective addressIt starts with inj1. Wallets: Keplr or Trust Wallet.
Reference rate
1 RAY ≈ 0.338336 INJ1 INJ ≈ 2.9556 RAY · market prices, 8 Oct 2026
Memo for INJ
Only for exchange accountsPersonal wallets leave it empty.
  1. Send RAYUnder a minute to confirm on Solana
  2. GhostSwap swaps itAt the floating rate, fees already in the quote
  3. Receive INJSent to your address; Injective confirms in under a minute
Facts checked 8 Oct 2026Reverse: INJ to RAY

RAY to INJ Live Price Chart

RAY/INJ

Loading chart...

Reference market prices, updated live

RAY

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.

INJ

What is Injective Protocol?

Injective Protocol (INJ) is a decentralized exchange protocol optimized for cross-chain DeFi trading. Injective supports spot markets, perpetual swaps, futures, and options trading with zero gas fees and near-instant execution on its own Layer 1 chain. Built using Cosmos SDK with IBC connectivity, Injective can interact with assets across multiple blockchains. INJ is used for governance, staking, and a deflationary burn mechanism. The protocol has attracted significant institutional and retail interest.

RAY → INJ

Why Swap RAY for INJ?

Converting Raydium to Injective Protocol on GhostSwap moves your funds from RAY into INJ without KYC or account creation. Raydium is used for fees and rewards on the Raydium DEX on Solana. Injective Protocol is the native coin of Injective.

Two different networks

RAY runs on Solana and INJ on Injective; GhostSwap swaps between them in one step.

About Injective Protocol

Injective Protocol is the native coin of Injective.

No KYC or exchange accounts

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

Exchange RAY for INJ on GhostSwap. Most swaps are paid out within 5–15 minutes after you send, with no registration and no verification for standard swaps.

RAY

Convert Raydium to Injective Protocol

RAYINJ at market price
10RAY3.3834INJ
25RAY8.4584INJ
50RAY16.9168INJ
100RAY33.8336INJ
250RAY84.5839INJ
500RAY169.1678INJ
2,500RAY845.8390INJ
5,000RAY1,691.68INJ

At market prices of $2.4800 per RAY and $7.3300 per INJ (8 Oct 2026), 250 RAY is worth about 84.5839 INJ. Your exact amount, after network fees, is shown in the exchange box before you send.

INJ

Convert Injective Protocol to Raydium

INJRAY at market price
2.5INJ7.3891RAY
5INJ14.7782RAY
10INJ29.5565RAY
25INJ73.8911RAY
50INJ147.7823RAY
100INJ295.5645RAY
500INJ1,477.82RAY
1,000INJ2,955.65RAY

Going the other way, 50 INJ is worth about 147.7823 RAY at the same prices.

How to Exchange Raydium to Injective Protocol

Line Vector
Select Crypto Currency

Select RAY and INJ

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

Select Wallet Address
Line Vector

Enter Injective Protocol Address

Paste the Injective address that should receive the INJ (it starts with inj1). Add a Memo only if that address belongs to an exchange account. Then enter the Solana address you send RAY from; a refund, if ever needed, goes there.

Sent Crypto Currency
Line Vector

Send Raydium

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

Receive Crypto

Receive Injective Protocol

Your INJ is usually paid out 5–15 minutes after you send your RAY, and Injective then confirms it in under a minute. Follow each step on the status page with your swap ID.

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RAY to INJ: questions and answers

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

How long does it take to swap RAY to INJ on GhostSwap?
Most RAY to INJ swaps are paid out within 5–15 minutes: the RAY deposit needs under a minute to confirm on Solana, then the INJ is sent to your wallet, and Injective confirms the payout in under a minute. Busy networks can add a few minutes.
How much is 1 RAY in INJ?
1 RAY is worth about 0.338336 INJ at the market rate, before fees (market prices, 8 Oct 2026). GhostSwap's quote in the exchange box already includes the service fee and the INJ network fee. The rate floats with the market until your RAY deposit confirms, so the exchange box shows the exact amount before you send.
Do I need KYC or an account to exchange RAY to INJ?
No. GhostSwap has no accounts: you paste the Injective address that should receive the INJ, send RAY from your own wallet, and the INJ goes straight to that address. No email, phone number or ID upload.
What are the fees for converting Raydium to Injective Protocol?
The GhostSwap fee is already included in the rate in the exchange box, so the INJ amount you see is what you receive. On top of that, your wallet needs a little SOL to pay the Solana network fee for sending RAY.
What wallet should I use to receive INJ?
To receive Injective Protocol from your swap, we recommend using Keplr or Trust Wallet. Make sure your wallet supports the Injective network before starting the exchange. Double-check your INJ address before confirming, cryptocurrency transactions cannot be reversed.
What format is the INJ address?
Use an Injective address: it starts with inj1. Copy it from your wallet and paste it; never type it by hand.
Do I need a Memo to receive INJ?
Only if the INJ goes to an exchange or custodial account that gave you a Memo; enter it in the field shown in the exchange box. A personal INJ wallet does not need one.
Can I track my RAY to INJ 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 RAY payment on Solscan (https://solscan.io) and your incoming INJ on Mintscan (https://www.mintscan.io/injective).
Is it safe to exchange RAY for INJ on GhostSwap?
GhostSwap is non-custodial: there is no account balance holding your coins. Your RAY deposit is converted and the INJ is sent straight to the Injective address you enter, so check that address twice, Injective transfers cannot be reversed.
How does a cross-chain RAY to INJ swap work?
Raydium lives on Solana and Injective Protocol on Injective, two separate blockchains. Instead of a bridge, GhostSwap takes your RAY on Solana and pays native INJ on Injective, so you never hold a wrapped token or pay bridge fees.
What happens if my RAY to INJ exchange fails?
If a swap cannot be completed, the RAY is refunded to the Solana 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.