Raydium (RAY) Live Price and charts Today

Raydium is an automated market maker (AMM) built on the Solana blockchain which leverages the central order book of the Serum decentralized exchange (DEX) to enable faster trades, shared liquidity and new features for earning yield.

Raydium is an automated market maker (AMM) built on the Solana blockchain which leverages the central order book of the Serum decentralized exchange (DEX) to enable faster trades, shared liquidity and new features for earning yield. Raydium's swap feature allows users to exchange between tokens through Serum, while its UI also allows for other trading features like limit orders. The exchange also features a token called RAY that will allow holders to claim 0.03% of trading fees. The Raydium token (RAY) is an SPL token that runs on the Solana blockchain. It will give holders a claim on a portion of trading fees collected by the exchange. Each trade or swap on Raydium costs a 0.25% fee, where 0.22% goes to LPs (liquidity providers) and 0.03% rewards users staking their RAY tokens on the protocol.