raydium Raydium (RAY)

$0.563
0.50% (24H)
Watch
Low 24H: $0.557 High 24H: $0.603
Market CapVolumeAvailable Supply
$77.07 M $9.59 M136.74 M RAY
ATHATH(% Change)ATH Date
$16.830-96.65%2021-09-12

Raydium current price is $0.563 with a marketcap of $77.07 M. Its price is 0.50% up in last 24 hours.

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."

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