# Theta Fuel to Raydium (TFUEL to RAY) — no-KYC swap on GhostSwap

> Send Theta Fuel (TFUEL) on Theta Network 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 Theta Network to Solana, with no bridge and no wrapped tokens. Most TFUEL to RAY swaps finish in 10–25 minutes.

Swap page: https://ghostswap.io/exchange/tfuel-ray/
Updated: 2026-10-01

## At a glance

| | |
|---|---|
| You send | Theta Fuel (TFUEL), Theta Network |
| You receive | Raydium (RAY), SPL token on Solana |
| Your RAY address | Solana address that is 32–44 letters and numbers with no 0x prefix. Wallets: Phantom, Solflare or Backpack |
| Deposit network fee | Paid in TFUEL by your wallet |
| Deposit confirmation | A few minutes on Theta Network |
| RAY payout | Sent to your address as soon as the swap completes; Solana confirms it in under a minute |
| Typical swap time | 10–25 minutes until your RAY is sent |
| Reference rate | 1 TFUEL ≈ 0.005644 RAY · 1 RAY ≈ 177.1661 TFUEL (market prices, 1 Oct 2026) |
| Limits | The minimum and maximum TFUEL amounts are shown live in the exchange box |
| Account / KYC | None: no sign-up, no email, no ID |
| Tracking | Status page with your swap ID; TFUEL on Theta Explorer; RAY on Solscan |
| Reverse swap | [RAY to TFUEL](https://ghostswap.io/exchange/ray-tfuel/) |

## How to swap TFUEL to RAY

1. Open https://ghostswap.io/exchange/tfuel-ray/ and enter the amount of TFUEL to send.
2. Paste the RAY address that should receive the coins.
3. Enter the TFUEL address you are sending from, then confirm.
4. Send the TFUEL to the one-time deposit address shown.
5. Receive RAY in your wallet and follow the status page with your swap ID.

## FAQ

### How long does it take to swap TFUEL to RAY on GhostSwap?

Most TFUEL to RAY swaps finish in 10–25 minutes. Your TFUEL deposit needs a few minutes to confirm on Theta Network; after that the RAY is sent to your wallet and Solana confirms it in under a minute. Busy networks can add a few minutes.

### Do I need KYC or an account to exchange TFUEL to RAY?

No. GhostSwap has no accounts: you paste the Solana address that should receive the RAY, send TFUEL 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 Theta Fuel 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, the Theta Network network fee for your deposit is paid in TFUEL by your wallet.

### What wallet should I use to receive RAY?

To receive Raydium from your swap, we recommend using Phantom, Solflare, or Backpack. 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 TFUEL 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 TFUEL payment on Theta Explorer (https://explorer.thetatoken.org) and your incoming RAY on Solscan (https://solscan.io).

### Is it safe to exchange TFUEL for RAY on GhostSwap?

GhostSwap is non-custodial: there is no account balance holding your coins. Your TFUEL 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 TFUEL to RAY swap work?

Theta Fuel lives on Theta Network and Raydium on Solana, two separate blockchains. Instead of a bridge, GhostSwap takes your TFUEL on Theta Network and pays native RAY on Solana, so you never hold a wrapped token or pay bridge fees.

### What happens if my TFUEL to RAY exchange fails?

If a swap cannot be completed, the TFUEL is refunded to the Theta Network 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: RAY to TFUEL](https://ghostswap.io/exchange/ray-tfuel/)
- [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)