coinRAY #135

Raydium

1.74USD-4.79%-4.79%As of: Mar 29, 16:19 UTC

Key Statistics

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Raydium Converter

RAY
=
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About Raydium

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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Price Performance

1D
-4.79%
7D
-1.39%
30D
-26.58%
YTD
-64.49%
1Y
-9.55%
Key Statistics
24H Range
Low$1.73High$1.82
24h Volume
53.6M
Market Cap
507.9M
Circulating Supply
290.8M
Total Supply
555M
Rank
135
Market Cap Dominance
0.02%
Max Supply
555M
Fully diluted market cap
11.7K
Hashing Algorithm
N/A
Block Time in Minutes
N/A
Volume/Market Cap
0.11
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