#86

Raydium

RAY
0.00004887 BTC
$5.19
24h: +3.81% 7d: -20.85%
All Time High $16.83 Sep 12, 2021
24h
$4.83 $5.45
24h Volume $84.4M

Price Chart

About Raydium

Raydium (RAY) - Overview

Raydium is an innovative automated market maker (AMM) and liquidity provider designed specifically for the Solana blockchain. Acting as a key player within the Serum decentralized exchange (DEX), Raydium leverages its first-mover advantage to facilitate the integration of new and existing projects into the thriving Solana ecosystem.

Key Features

  • On-Chain Liquidity: Unlike traditional AMMs, Raydium provides on-chain liquidity directly to a central limit order book, granting liquidity providers (LPs) access to the full order flow and liquidity available on Serum.
  • Yield Farming: Users can participate in yield farming opportunities, maximizing their returns while contributing to the liquidity pool.
  • Launchpad Functionality: Raydium serves as a launchpad for emerging projects, helping them to expand and thrive within the Solana and Serum ecosystems.
  • Decentralized Finance (DeFi): As a part of the growing DeFi movement, Raydium is committed to redefining financial services through its decentralized protocols.

Vision and Goals

Raydium's long-term vision is to secure and maintain a leadership position among AMMs and liquidity providers on Serum. By harnessing the speed and scalability of Solana, Raydium aims to drive the evolution of decentralized finance, positioning itself as a leading protocol in collaboration with partners and the wider community.

Categories

Raydium is categorized under:

  • Decentralized Exchange (DEX)
  • Decentralized Finance (DeFi)
  • Yield Farming
  • Automated Market Maker (AMM)
  • Solana Ecosystem
  • Launchpad
  • GMCI DeFi Index
  • GMCI Index
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Categories

Decentralized Exchange (DEX) Decentralized Finance (DeFi) Yield Farming Automated Market Maker (AMM) Solana Ecosystem Launchpad GMCI DeFi Index GMCI Index

Market Data

Rank
#86
Market Cap
$1.34B
Volume
$84.4M
Circulating Supply
290.89M RAY
Total Supply
555M RAY
Max Supply
555M RAY

Additional Information

Genesis Date
24h Market Cap Change
$27.82M
24h Market Cap Change %
2.12%