RAY (Raydium)

Raydium (RAY) is a cryptocurrency at the core of an automated market maker (AMM) and liquidity provider on the Solana blockchain. It facilitates trading and liquidity provision on the Serum decentralized exchange (DEX), which employs a central limit order book (CLOB) for matching orders. Consequently, Raydium offers faster, more affordable transactions, and taps into Serum's existing liquidity and order flows. The native token of Raydium, RAY, is utilized for staking, governance, and participating in initial DEX offerings (IDOs) on the platform. Raydium's goal is to serve as a central hub in the Solana ecosystem, linking various projects and protocols through its integration with AMM and CLOB.

Available cryptocurrency pairs

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