RAY is only available to store

This asset is currently unavailable to trade on Gemini. You can store RAY and transfer it with a compatible external wallet.

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$6.1095509611

$5.7181058766 (1460.77%)

Past year

  • Volume (24H)

    --


  • Circulating Supply

    290.9M


  • Market Cap

    $1.815B


About Raydium (RAY)

Raydium is a decentralized exchange (DEX) frontend interface on the Solana network that plugs into the Serum DEX central limit order book. Raydium operates as an automated market maker (AMM) and acts as a traditional DEX on Ethereum (e.g. Uniswap, Sushiswap), while the trades themselves are executed through Serum. Raydium users can provide tokens to a liquidity pool in a 1:1 ratio for a two-sided trading pair, and receive a portion of trading fees generated by the pool. Fees on Raydium are 0.25%, with 0.22% given to liquidity providers, and the remaining 0.03% allocated to stakers of RAY. Raydium also provides other avenues for earning yield through staking.

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Raydium Cryptopedia articles

Raydium (RAY)- A Solana Hybrid DEX and Money Market (DeFi)

Raydium (RAY): A Solana DEX and DeFi Ecosystem

Cryptopedia Staff5 min read

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Raydium links and resources

Raydium Litepaper

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Raydium website

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Learn more about RAY

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