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Information

Data from
Issue Time
2021/02/23
Initial Price
US $ 0.13434154
Circulation/Max
229.43M/555.00M
Dominance
0.00%
ROI --%
$0.13434154$16.93301586
Low · 2022/12/292022/12/29 · High

Information

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. The platform also offers 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 add liquidity and receive LP tokens, which represent a proportional share of the pooled assets. LP token holders receive 0.22% of the trade volume every time a token swap is performed. Raydium also allows users to create permissionless pools and earn a share of the trading fees. The native RAY token can be staked to earn additional tokens and is used as a governance token for voting 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. XRay is Raydium's Chief of Technology and Dev Team leader. GammaRay heads up marketing and communications while also playing a key role in strategy and product direction.

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.

Answers

What is Raydium?

Raydium 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 Serums orderbooks. This gives Raydium LPs access to all of Serums 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?

Raydium 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?

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 Raydiums 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?

RAY 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