Raydium
Name
Raydium
Summary
-Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX).
-It launched its main net in 2021.
-It provides on-chain liquidity to a central limit orders
Rating
Symbol
RAY
Overview
Raydium is an automated market maker (AMM) built on the Solana blockchain that uses the central order book of the Serum decentralized exchange (DEX) to remove any intermediaries in the trading of crypto assets. Raydium's interchange feature enables users to exchange between tokens through Serum DEX, while it also allows for other trading features like limit orders. The exchange also includes a token named RAY that will allow holders to claim 0.03% of trading fees.
Historical Price Movement (in INR)
Technology
Raydium provides liquidity on the chain for the central limit order book. In other words, the funds deposited in Raydium will be converted into limit orders in Serum's order book. This gives Raydium LP access to all Serum order flows, not just existing liquidity.
Use of Native tokens in the ecosystem: RAY is the native utility token used for:
Staking to earn protocol fees
Staking to receive IDO allocations
Governance votes on protocol decisions
Partnership & Ecosystem
30%
Team (1 - 3 Year Lockup
20%
Community Pool (1 Year Lockup)
6%
Advisors
2%
Liquidity
8%
Mining Reserve
34%
Volume ( as of 26Th April)
$9,920,340
Total Supply
1,000,000,000 RAY
Circulating Supply
103,721,724.34 RAY
Crowd Sales
N.A
Funding
N.A
Country
N.A
Year Incorporated
2020
Registered Address
N.A
Dispute Resolution and Governing Law
N.A
Country Risk Assessment
N.A
Founding Team
| Name | Designation | Education | Experience |
| ALphaRay | CEO | - | - |
| Xray | CTO | - | - |
whitepaper 
