CryptoCurrencies
8036
Exchanges
498
Total Market Cap
2,181,766,575,430
Volume 24h
197,172,218,755
Dominance
BTC 50.32%   ETH 17.73%   USDT 4.49%   BNB 2.81%

Raydium
RAY

0.9835
$
3.65 %
Change 24h
Market Cap
$ 253,937,232
Volume 24h
$ 17,083,212
Circulating Supply
258,466,378
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."