Today's Raydium price is $0.662493, which is down 81% over the last 12 months. Raydium's market cap is $77.89M. 1 year RAY volume is $43.42B. It has a market cap rank of 235 with a circulating supply of 117,564,042 and max supply of 555,000,000. Raydium is traded on exchanges. Raydium had an all-time high of $16.52 10 months ago. Over the last year, Raydium has had 0% transparent volume and has been trading on 121 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."