Raydium

Raydium

Rank #70
Fiat Support
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Launched
Unknown
Margin trading
No
#Coins/#Markets
238/369
24h Trading Volume
$1,595,488
57.43 BTC 26.65%
Proof of reserves
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LastMonthVisits
709,715
Alexa Rank
#29,184
Twitter Followers
290,433
Cybersecurity
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Raydium Trade Volume Charts (24h)

What is Raydium?

Raydium is an automated market maker (AMM), which is built on the Solana blockchain, uses the decentralized exchange to achieve lightning-fast trades, shared liquidity and earnings yield.

Raydium offers a few key advantages:

  • Faster and cheaper
  • A central order book for ecosystem-wide liquidity
  • Trading interface

Who are the Founders of Raydium?

The founder of Raydium is AlphaRay, who leads overall strategy, operations, product direction and business development for Raydium. With a background in algorithmic trading in commodities, Alpha transitioned to market-making and liquidity providing for cryptocurrency in 2017 and hasn't looked back. After diving into DeFi in the summer of 2020, Alpha saw a market need for an order book AMM to aggregate liquidity, and with the release of Serum, pulled together a team of experienced trading developers to tackle the problem head-on.

Why is Raydium different? 

Other AMM DEXs and DeFi protocols are only able to access liquidity within their own pools and have no access to a central order book. Additionally, with the majority of platforms running on Ethereum, transactions are slow and gas fees are high.

Why build on Solana?

Solana stands out in DeFi with lightning-fast speeds of up to 65,000 transactions per second, 400ms block times, and less than $0.01 average transaction fees. Raydium believes in the Solana vision and that it will power the future of De-Fi. 

How Can I Contact Raydium Customer Support?

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Raydium's Announcement

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Raydium's Coin

Coin LAST PRICE/CHG(%)
Raydium's logo
$0.2356
4.54%