Today's Raydium price is $13.21, which is up 7% over the last 24 hours. Raydium's market cap is $922.51M. 24 hour RAY volume is $258.34M. It has a market cap rank of 113 with a circulating supply of 69,828,114 and max supply of 555,000,000. Raydium is traded on exchanges. Raydium had an all-time high of $16.52 7 days ago. Over the last day, Raydium has had 52% transparent volume and has been trading on 44 active markets with its highest volume trading pairs being .
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."