Raydium - what is crypto Raydium | Raydium price today, marketcap and chart

DEFI OFFERS

Stable pools only

Chains

Min. safety

TVL > 100K

avg 1D

Assets

Rewards (avg 1D)

In-kind APR

APR (avg 1D)

TVL

What is Raydium (RAY)?

Raydium embodies all the benefits that the DeFi sector and blockchain like Solana can provide. As a DEX with an automated market maker, it allows users to trade and swap tokens, doing so instantly and securely, forming a positive exchange trading experience. Thanks to the order book, participants of the DeFi ecosystem have access to all of Serum's liquidity and order flow through the pools here. Getting a smashing income on the Raydium protocol is possible due to the provision of liquidity, farming, and staking. The protocol potential enables investors to either earn LP tokens, harvest a profitable crop, or obtain rewards from staking by completing some actions on the Raydium platform.

Who are the founders of Raydium (RAY)?

The founders, represented by AlphaRay, XRay, GammaRay, StingRay, and RayZor, launched the project in February 2021. The team has developed a worthy product that imitates CEX features and takes advantage of DEX based on their extensive knowledge and skills regarding the market, algorithmic trading, and arbitrage.

What makes Raydium (RAY) unique?

As with any DEX, unlike CEX, there are two types of rights for platform users: ownership of the tokens and privacy. But the difference between this DeFi protocol and other similar ones is its distinctive and unique features and functions offered to users. Here the exclusion of any intermediaries is achieved by the presence of AMM. With transactions in the Ethereum network so expensive and slow, it is evident that projects built on that chain will not be successful enough and helpful for common investors and traders. So traders can take advantage of more cost-effective and efficient trading. The project is aimed at both a trader and a farmer. Pools get access to expanded liquidity flow by using the central limit order book. Raydium is based on Solana, but this does not limit the list of supported tokens on farms of this project, including assets of the Solana ecosystem as well as wrapped tokens such as ETH and UNI.