CryptoCurrencies
14675
Exchanges
500
Total Market Cap
2,353,980,296,938
Volume 24h
148,604,350,288
Dominance
BTC 51.21%   ETH 17.11%   USDT 4.79%   BNB 3.69%

Raydium
RAY

1.410
$
4.22 %
Change 24h
Market Cap
$ 372,487,543
Volume 24h
$ 11,986,018
Circulating Supply
262,922,448
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."