BONK to RAY: Swap Bonk for Raydium on Solana, No KYC

BONK and RAY are both SPL tokens, so nothing in this pair crosses to another blockchain. The BONK you send and the RAY you get live under the same kind of Solana address, and one wallet such as Phantom or Solflare can hold both. You can even paste the address you send from as the payout address.

What changes is the token mint, not the network. Your wallet keeps a separate token account for each mint, and the RAY balance appears next to BONK once the payout lands. If it does not show at once, search for Raydium in the wallet's token list or open your address on Solscan, which lists every SPL balance at that address.

Because both sides confirm on Solana in under a minute, the network part is short. Most swaps finish within minutes once the deposit confirms, and the status page for your swap ID shows each step.

BONK is Solana's best-known dog meme coin, handed out to the Solana community in an airdrop at the end of 2022. RAY is the token of Raydium, the automated market maker whose pools many Solana tokens trade in. Holders use RAY for staking and governance on Raydium.

Moving from one to the other is a rotation inside the same chain. Some holders take gains from a meme run and want exposure to a DeFi token instead. Others hold BONK from the airdrop or from tips and would rather keep a token tied to Solana trading activity. Neither token is pegged to anything, so both values keep moving after the swap.

This pair does not ask you to connect a wallet to Raydium or sign an app approval. The BONK goes out as a plain token transfer, and the RAY comes back as one.

BONK has a supply in the tens of trillions, so normal amounts carry many zeros. RAY has a far smaller supply, and the RAY you get back is usually a short number. That difference trips people up more than anything else on this page.

Copy the BONK amount from the exchange box rather than typing it. A missing or extra zero in a nine-digit figure changes the swap tenfold, and the deposit address only sees what arrives. Then compare value, not token counts: the box shows the RAY amount after fees for the BONK you enter, quoted off aggregated liquidity from leading crypto markets.

The rate floats until your deposit confirms on Solana. The box also shows the minimum and maximum for this pair, so you can check the amount before you send anything. The reference rate on the page is a market figure before fees.

Sending BONK is a token transfer, and Solana charges its network fee in SOL, never in BONK. A wallet that holds only BONK cannot send it. Keep a small amount of SOL beside the BONK before you start.

The same applies after the payout. To move or stake the RAY later, the wallet again needs SOL for the fee. If you send the payout to a brand-new Solana address, top it up with a little SOL first so the RAY is not stuck there.

Solana fees are low, but they are not zero, and a wallet will refuse a transfer when the SOL balance is empty. Phantom and Solflare both show a warning in that case. A Ledger used through one of those apps behaves the same way.

Enter the Solana address you send BONK from as the sender address. If a swap cannot be completed, the coins are refunded to the sender address you entered, and on this pair they come back as BONK.

Send from your own wallet, not straight from an exchange account. A withdrawal comes from a shared exchange address, and a refund sent there may never reach you. Move the BONK to Phantom, Solflare or a Ledger first.

Every BONK to RAY swap gets its own status page, keyed to the swap ID. The BONK deposit transaction opens on Solscan, and so does the RAY payout. If Solscan shows your BONK transfer confirmed and the status page has not moved for a long time, write to support@ghostswap.io with the swap ID and the transaction signature. Do not send the BONK a second time while you wait.