Raydium

RAY Price

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."

Token Economics

550,000,000 RAY have been minted at the genesis and will become accessible over the course of 3 years. The initial 3-year allocation is as follows:

- 34% airdropped to liquidity providers over the course of 3 years

-  30% for partnerships and expanding the Raydium ecosystem with up to 3-year lockups

-  20% for team members and future employees with a 1-year lockup and 2-year unlock afterward

-  8% for liquidity provisioning (initial pools liquidity bootstrapping and providing liquidity on other DEX and CEXs)

-  6% for seed funding and community pool with 1-3 year lockups

Where can you buy Raydium?

RAY tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Raydium is Binance, where the most active trading pair RAY/USDT has a trading volume of $8,108,522.04 in the last 24 hours. Other popular options include Bitunix and Deepcoin.

What is the daily trading volume of Raydium (RAY)?

The trading volume of Raydium (RAY) is $70,438,406.26 in the last 24 hours, representing a -45.20% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Raydium (RAY)?

Raydium (RAY) reached an all-time high of $16.83 and an all-time low of $0.1344. It’s now trading -88.10% below that peak and 1,396.70% above its lowest price.

What is the market cap of Raydium (RAY)?

Market capitalization of Raydium (RAY) is $542,528,888 and is ranked #110 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of RAY tokens (270 Million tokens are tradable on the market today).

What is the fully diluted valuation of Raydium (RAY)?

The fully diluted valuation (FDV) of Raydium (RAY) is $1,116,278,456. This is a statistical representation of the maximum market cap, assuming the maximum number of 560 Million RAY tokens are in circulation today. Depending on how the emission schedule of RAY tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Raydium compare against its peers?

With a price increase of 16.40% in the last 7 days, Raydium (RAY) is outperforming the global cryptocurrency market which is up 4.00%, while outperforming when compared to similar Exchange-based Tokens cryptocurrencies which are up 1.90%.