Informations

0.217162

USD

Rank #444


WebSite : Raydium.io
Whitepaper : Docs.raydium.io
Domain Age : Registered over 2 years ago

  • 24 hours

    -4.46%

  • 30 days

    -18.66%

  • ATH

    -98.71%

Raydium Ratings Score

Last score update : 5 days ago

Raydium Price live today

Raydium (RAY) is currently trading at 0.217162 USD and with a circulating supply of 209,704,895 RAY.
Its market capitalization is 45,577,218 USD.
RAY price has moved -4.46% in the last 24 hours, with 8,042,611 USD worth of RAY traded on various exchanges.
Raydium currently ranks #444 in cryptocurrency rankings based on market capitalization.

About Raydium (RAY)

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."