At the moment, price for Raydium (RAY) sits at $0.645178; that's a 1.13% decrease across the past 24 hours.
In the past day, Raydium (RAY) volume reached $2.8M, an increase of 34.72% compared to yesterday.
Its current market capitalization is approximately $358.1M. Liquidity across major Solana DEXes is currently at $10.1M.
Raydium (RAY) is available to swap it instantly and set limit orders on Solflare — a non-custodial Solana wallet where you control your private keys.
At the current price of $0.645178 with $10.1M in DEX liquidity, RAY swaps on Solflare execute with minimal slippage through smart order routing across all major Solana DEXes.
34.72%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."
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