Raydium price (RAY)

What is Raydium?

Raydium (RAY) is ranked #115 by market capitalisation on CoinGecko. It is listed in these categories: Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi), Yield Farming.

Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Raydium has a first-mover advantage as an AMM within Serum and will be an integral part of bringing new and existing projects and protocols into the ecosystem. The protocol will act as a bridge for projects looking to expand to Solana and Serum, and in the process Raydium and the RAY token will become a foundation for enabling further development with partners, its own platform, and the ecosystem as a whole.

Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook, meaning that Raydium LPs get access to the entire orderflow and liquidity of Serum.

Long term, Raydium aims to capture and maintain a leadership position among AMMs and liquidity providers on Serum, while leveraging the power of Solana to drive the evolution of decentralized finance (DeFi) and emerge as a leading protocol in the space alongside our partners and the community."

Description source: CoinGecko.

How to swap RAY on Oddrix

1. Open the Oddrix swap page and connect your wallet.
2. Choose the coin you send and RAY as the coin you receive, then enter the amount.
3. Check the best live quote and sign the transaction in your wallet.