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Raydium RAY |
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$2.06 |
-6.24% (24h) |
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Marketcap |
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$599,784,321 |
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Volume 24h |
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$59,062,550 |
Description
Raydium (RAY) is a decentralized exchange (DEX) and automated market maker (AMM) built on the Solana blockchain. Launched in 2021, Raydium offers fast and low-cost trading with deep liquidity, using Solana's high-performance infrastructure. RAY, the platform's native token, is used for governance, staking, and to earn rewards within the Raydium ecosystem. Raydium aims to provide a seamless trading experience by leveraging Solana's speed and efficiency while integrating with the broader DeFi ecosystem.