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RAY is only available to hold
This asset is currently unavailable to trade on Gemini. You can hold RAY and transfer it with a compatible external wallet.
$1.6390001687
$1.4507351144 (770.58%)
Past year
Volume (24H)
--
Circulating Supply
262.8M
Market Cap
$425.6M
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 DEX and DeFi Ecosystem
Cryptopedia Staff • 5 min read
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