# Raydium to THETA (RAY to THETA): no-KYC swap on GhostSwap > Send Raydium (RAY, an SPL token on Solana) and receive THETA on Theta Network in your own wallet, with no account and no KYC. It is a cross-chain swap from Solana to Theta Network, with no bridge and no wrapped tokens. Most RAY to THETA swaps are paid out within 5–15 minutes. Swap page: https://ghostswap.io/exchange/ray-theta/ Updated: 2026-10-02 ## At a glance | | | |---|---| | You send | Raydium (RAY), SPL token on Solana | | You receive | THETA (THETA), Theta Network | | Your THETA address | Theta Network address that starts with 0x followed by 40 hexadecimal characters. Wallets: Theta Wallet | | Deposit network fee | Paid in SOL, so keep a little SOL next to your RAY | | Deposit confirmation | Under a minute on Solana | | THETA payout | Sent to your address as soon as the swap completes; Theta Network confirms it in a few minutes | | Typical swap time | 5–15 minutes until your THETA is sent | | Reference rate | 1 RAY ≈ 11.5278 THETA · 1 THETA ≈ 0.086747 RAY (market prices, 8 Oct 2026) | | Limits | The exact minimum and maximum RAY amounts are shown live in the exchange box | | Account / KYC | None for standard swaps: no sign-up, no email, no ID | | Tracking | Status page with your swap ID; RAY on Solscan; THETA on Theta Explorer | | Reverse swap | [THETA to RAY](https://ghostswap.io/exchange/theta-ray/) | ## How to swap RAY to THETA 1. Open https://ghostswap.io/exchange/ray-theta/ and enter the amount of RAY to send. 2. Paste the THETA address that should receive the coins. 3. Enter the RAY address you are sending from, then confirm. 4. Send the RAY to the one-time deposit address shown. 5. Receive THETA in your wallet and follow the status page with your swap ID. ## FAQ ### How long does it take to swap RAY to THETA on GhostSwap? Most RAY to THETA swaps are paid out within 5–15 minutes: the RAY deposit needs under a minute to confirm on Solana, then the THETA is sent to your wallet, and Theta Network confirms the payout in a few minutes. Busy networks can add a few minutes. ### How much is 1 RAY in THETA? 1 RAY is worth about 11.5278 THETA 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 THETA 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 THETA? No. GhostSwap has no accounts: you paste the Theta Network address that should receive the THETA, send RAY from your own wallet, and the THETA goes straight to that address. No email, phone number or ID upload. ### What are the fees for converting Raydium to THETA? The GhostSwap fee is already included in the rate in the exchange box, so the THETA 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 THETA? To receive THETA from your swap, we recommend using Theta Wallet. Make sure your wallet supports the Theta Network network before starting the exchange. Double-check your THETA address before confirming, cryptocurrency transactions cannot be reversed. ### What format is the THETA address? Use a Theta Network address: it starts with 0x followed by 40 hexadecimal characters. Copy it from your wallet and paste it; never type it by hand. ### Can I track my RAY to THETA 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 THETA on Theta Explorer (https://explorer.thetatoken.org). ### Is it safe to exchange RAY for THETA on GhostSwap? GhostSwap is non-custodial: there is no account balance holding your coins. Your RAY deposit is converted and the THETA is sent straight to the Theta Network address you enter, so check that address twice, Theta Network transfers cannot be reversed. ### How does a cross-chain RAY to THETA swap work? Raydium lives on Solana and THETA on Theta Network, two separate blockchains. Instead of a bridge, GhostSwap takes your RAY on Solana and pays native THETA on Theta Network, so you never hold a wrapped token or pay bridge fees. ### What happens if my RAY to THETA 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. ## Related - [Reverse: THETA to RAY](https://ghostswap.io/exchange/theta-ray/) ([Markdown](https://ghostswap.io/exchange/theta-ray.md)) - [All GhostSwap pairs](https://ghostswap.io/exchange/) - [How to exchange](https://ghostswap.io/how-to-exchange/) - [Site guide for AI assistants](https://ghostswap.io/llms.txt)