Raydium - DeFi on Solana

Raydium (RAY)

What is Raydium?

Raydium is a decentralized exchange that combines the AMM model, popularized by Uniswap and others, and mixes it with Serum, a decentralized order book exchange on Solana. Raydium helps provide liquidity for the Solana blockchain.

Why does Raydium have value?

Users of Raydium can provide liquidity to market pairs to earn rewards. Transactions on Raydium are fast and cheap, thanks to the optimized infrastructure of Solana. Plus you can swap digital assets on Raydium and Raydium will complete the transaction either on it’s AMM or through Serum’s order book, whichever offers the better price.

What are the benefits of Raydium?

●       Fees are low.

●       Transactions are confirmed quickly on the Solana blockchain.

●       RAY can be staked for profit.

●       Raydium provides liquidity for other dApps and startups on Solana

What are the disadvantages of Raydium?

●       Currently, Raydium only works with one decentralized exchange (Serum)

What are RAY’s tokenomics?

The total supply of RAY is 555 billion. 34% will be gradually released to liquidity miners and 30% are reserved for partnerships. An additional 28% is earmarked for the team, community, and advisors while the final 8% will be used for liquidity purposes.

Who founded Raydium?

Anonymous developer AlphaRay.

Who are Raydium’s investors?

Unknown.

Concise Crypto Grade:

B  :Raydium is a very cool project for the Solana blockchain. Providing liquidity for a number of projects within the ecosystem to both help them grow and to increase their value. In doing this, they increase the total value locked (TVL) for all of Solana. Raydium is a net positive for not only Raydium, but Serum, and Solana. They have a TVL of nearly $700M and also offer some pretty insane APY within their Farm system.

Where can I buy RAY?

FTX, Binance, Gate.io, Kraken, Serum.

What ecosystem does Raydium run on?

Solana