CryptoCurrencies
12402
Exchanges
500
Total Market Cap
1,111,390,293,261
Volume 24h
124,129,533,901
Dominance
BTC 41.04%   ETH 17.66%   USDT 6.10%   USDC 3.88%

Raydium
RAY

0.2639
$
12.05 %
Change 24h
Market Cap
$ 46,009,696
Volume 24h
$ 28,936,810
Circulating Supply
174,852,972
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."