Market cap
$663.7M
24h volume
$203.3M
Circulating supply
269.9M RAY
Max supply
555.0M RAY
Fully diluted valuation
$1.4B
Total supply
555.0M RAY
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."
The current price of Raydium (RAY) is $2.46. The price is updated in real time using live market data.
Raydium has a market capitalization of $663.7M, making it the #99 cryptocurrency by market cap.
Raydium reached its all-time high of $16.83 on Sep 12, 2021. The current price is -85.39% from the all-time high.
Raydium has a maximum supply of 555.0M RAY and a circulating supply of 269.9M RAY.
Raydium had $203.3M in trading volume over the past 24 hours.
