CryptoCurrencies
19060
Exchanges
500
Total Market Cap
4,549,638,708,383
Volume 24h
266,669,629,038
Dominance
BTC 54.25%   ETH 12.12%   XRP 3.94%   USDT 3.89%

Raydium
RAY

2.920
$
2.13 %
Change 24h
Market Cap
$ 782,627,906
Volume 24h
$ 43,038,542
Circulating Supply
268,127,068
Total Supply
555,000,000
RAY
$
# Exchange Pair Price Volume 24h

Description

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."