About RAY
What Is Raydium?
Raydium is a Solana-based decentralized exchange (DEX) with an automated market maker (AMM) model. Users can swap, trade, and become liquidity providers. The exchange provides liquidity to Serum, another Solana-based exchange with a central order book model. Therefore, Raydium users can access the order flow and liquidity of Serum and vice versa. Furthermore, the platform claims to offer the best price swap feature that automatically determines whether a token swap is cheaper if routed through the liquidity pool or the Serum order book.
Users can also add liquidity and receive LP tokens, which represent a proportional share of the pooled assets. Every time a token swap is performed, LP token holders receive 0.22% of the trade volume. It is distributed according to the proportion of liquidity provided to the pool. There is also an option to create permissionless pools, which will also place orders on the Serum order book. This way, users can add any token pairs they wish and earn a share of the trading fees.
The native RAY token can be staked to earn additional tokens. It also serves as a governance token that can be used to vote on improvement proposals and fee structures on the exchange.
Who Are the Raydium Founders?
AlphaRay 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. XRay is Raydium's Chief of Technology and Dev Team leader. X has 8 years of experience as a trading and low latency systems architect for both traditional and crypto markets. X designs all of Raydium’s systems and infrastructure as needed. GammaRay heads up marketing and communications while also playing a key role in strategy and product direction. Gamma spent a large part of his career at a leading data analytics and market research firm, working on both client engagements and corporate marketing. Prior to Raydium, Gamma's focus within cryptocurrency has been technical analysis and discretionary trading.
When Did Raydium Launch?
Raydium launched on February 21, 2022.
Where Is Raydium Located?
The exchange does not list its location on its Crunchbase profile.
Raydium Restricted Countries
The Raydium Protocol is not available to residents of Belarus, The Central African Republic, The Democratic Republic of Congo, North Korea, Crimea, Donetsk and Luhansk regions of Ukraine, Cuba, Iran, Libya, Somalia, Sudan, South Sudan, Syria, the US, Yemen, Zimbabwe and any other jurisdiction in which accessing or using the protocol is prohibited.
Raydium Supported Coins List
Raydium supports all Solana-based SPL tokens.
How Much Are Raydium Fees?
At the time of writing, token swaps incur a 0.25% trading fee, with 0.22% returned to the liquidity pools as a fee reward and 0.03% distributed to the staking pool.
Is It Possible To Use Leverage or Margin Trade on Raydium?
Raydium does not offer leverage or margin trading.
Official Website
Social Media
Frequently Asked Questions
What is Raydium?
Read MoreRaydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks. This gives Raydium LPs access to all of Serum’s order flow as well as their existing liquidity. RAY is the native utility token used for:
- Staking to earn protocol fees
- Staking to receive IDO allocations
- Governance votes on protocol decisions
How many RAY tokens are in circulation?
Read MoreRaydium launched its main net on February 21st, 2021 with 555,000,000 tokens created at genesis. 34% of all tokens will be released as liquidity mining incentives over a 3-year period. 30% of tokens are earmarked for partnerships and the expansion of the Raydium ecosystem. This includes giving grants to projects building projects around Raydium or helping our communities in general. These tokens are generally locked for 1 year and unlock linearly for the next 2 years.
Who are the founders of Raydium Protocol?
Read MoreAlphaRay 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. XRay is Raydium's Chief of Technology and Dev Team leader. X has 8 years of experience as a trading and low latency systems architect for both traditional and crypto markets. X designs all of Raydium’s systems and infrastructure as needed. GammaRay heads up marketing and communications while also playing a key role in strategy and product direction. Gamma spent a large part of his career at a leading data analytics and market research firm, working on both client engagements and corporate marketing. Prior to Raydium, Gamma's focus within cryptocurrency has been technical analysis and discretionary trading.
Where can I buy RAY?
Read MoreRAY is available on a growing number of exchanges with cryptocurrency and stablecoin pairs currently available. The most liquid exchanges include Raydium.io itself and gate.io
What is the all-time high price of Raydium (RAY)?
Read MoreThe all-time high of RAY was 16.93 USD on 2021-09-13, from which the coin is now down 89.42705256940343%. The all-time high price of Raydium (RAY) is 16.93. The current price of RAY is down 89.42705256940343% from its all-time high.
How much Raydium (RAY) is there in circulation?
Read MoreAs of
, there is currently 262.94M RAY in circulation. RAY has a maximum supply of 0. What is the market cap of Raydium (RAY)?
Read MoreThe current market cap of RAY is 471.54M. It is calculated by multiplying the current supply of RAY by its real-time market price of 1.79.
What is the all-time low price of Raydium (RAY)?
Read MoreThe all-time low of RAY was 0.13434154
, from which the coin is now up 1232.4248032291425%. The all-time low price of Raydium (RAY) is 0.13434154. The current price of RAY is up 1232.4248032291425% from its all-time low. Is Raydium (RAY) a good investment?
Read MoreRaydium (RAY) has a market capitalization of $471.54M and is ranked #156 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Raydium (RAY) price trends and patterns to find the best time to purchase RAY.