Raydium

Raydium

RAY
Rank #199
Current Price
$0.594041
24h Change
1.68%
7d Change
-16.54%
Market Cap
$159,714,823
Rank
#199

About Raydium

Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Raydium has a first-mover advantage as an AMM within Serum and will be an integral part of bringing new and existing projects and protocols into the ecosystem. The protocol will act as a bridge for projects looking to expand to Solana and Serum, and in the process Raydium and the RAY token will become a foundation for enabling further development with partners, its own platform, and the ecosystem as a whole. Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook, meaning that Raydium LPs get access to the entire orderflow and liquidity of Serum. Long term, Raydium aims to capture and maintain a leadership position among AMMs and liquidity providers on Serum, while leveraging the power of Solana to drive the evolution of decentralized finance (DeFi) and emerge as a leading protocol in the space alongside our partners and the community."

Categories

Decentralized Exchange (DEX)Exchange-based TokensDecentralized Finance (DeFi)Yield FarmingAutomated Market Maker (AMM)PerpetualsSolana EcosystemLaunchpadGMCI DeFi IndexGMCI Index

Details

SymbolRAY
Price$0.594041
24h Change1.68%
7d Change-16.54%
30d Change-30.42%
Market Cap$159,714,823
Platformsolana