Raydium (RAY) Price

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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Raydium

RAY


$2.98

$1.1379454914 (61.78%)

Past year

  • Volume (24H)

    --


  • Circulating Supply

    267.5M


  • Market Cap

    $812.8M


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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Refer a friend and get $75

Refer friends to Gemini. The more they trade, the more you both earn.

Raydium links and resources

Raydium Litepaper

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Raydium website

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Frequently asked questions

Raydium Token

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RAY is an SPL token compliant with the Solana network. RAY’s use cases include: 1) liquidity incentivization, 2) participation in AcceleRaytor, 3) market making fee capture, 4) governance (to be launched as of March 2022). AcceleRaytor is operated by Raydium, and provides a platform for new Solana projects to distribute tokens.

Learn more about RAY

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Raydium Price, Chart, & Supply Details - RAY Price | Gemini