Raydium is an automatic vehicle market maker (AMM) and cash flow provider for the Serum exchange constructed on the Solana blockchain (DEX). CoinMarketCap currently ranks #109, with a live market cap of $707,378,097 USD.
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Raydium, unlike other AMMs, provides on-chain liquidity to a central limit order book, which implies that funds placed into Raydium are transformed into limit orders that lay on Serum's order books. It has a total circulating supply of 555,000,000 RAY coins and a circulatory delivery of 69,869,181 RAY coins.
Raydium LPs now have entry to all of Serum's order flow as well as their existing liquidity. The entire crypto ecosystem is calling for a scalable, flexible, and easily adaptable protocol. Radium was created with this in mind.
Raydium leverages the functionality of Solana and Serum Decentralized exchange to facilitate quick and inexpensive transactions. Raydium is a robotic market maker that, along with its cash flow pools, presents the idea of accessing capital reserves on the Serum Decentralized exchange.
Solana stands out in DeFi due to its thunder rates of up to 65,000 transactions per second, 400ms block occasions, and median transactions costs of less than $0.01. Raydium appears to believe in the Solana vision and chooses to believe it will power future De-Fi.
Raydium's Chief of Technology and Dev Team leader is XRay. X has 8 years of experience in the traditional and crypto markets as a trading and reduced latency systems architect.
Raydium's overall strategy, processes, device direction, and corporate development are led by AlphaRay. With a backstory in computational commodity trading, Alpha transitioned to cryptocurrencies creating and cash flow allocating in 2017.
GammaRay is in charge of marketing and communications, as well as strategic plan and product development. Gamma's primary focus in virtual currency prior to Raydium was scientific analysis and voluntary trading.
The uniqueness of Raydium’s native token is highly evident in the following features offered by the system to the clients.
The feature of staking to gain greater benefits according to the protocols set for trading fees
In order to attain authentic yet glitch-free IDOP allocations, clients are asked to stake
To be free and fair in facilitating the potential customers into enduring clients, the governance system of Raydium for making protocol decisions is dia via governance voting system
RAY is now available on an increasing number of signals, with cryptocurrency and stablecoin pairs. Raydium.io, FTX.com, and gate.io are among the most liquid exchanges.
Raydium's main net went live on February 21st, 2021, with 555,000,000 tokens created at the genesis. Over a three-year period, 34% of all tokens will be published as cash flow extraction rewards.
The security measures taken up by Raydium RAY by the developers are based upon the Ethereum blockchain system. Advanced trading with data confidentiality is the prime parameter upon which trading on this platform is made easier for potential investors.
Exchange inflows and outflows, paramount and technical differences, the news cycle, and the overall economic climate are all interlinked variables that impact RAY’s price and market cap.
After the sheer appraisal in the field of trading which is around 100% in just a matter of a certain countable transitional month, cryptocurrencies have suffered an intense depreciation due to their uncertain market nature. Therefore, it's wide enough to quote that Raydium tokens have been upgraded to a new all-time high translation volume of almost $10.18 U.S Dollars per token.
In a nutshell, it is safer to say that RAY has blessed online traders to enjoy trading luxuries globally with the provision of ease through its secure, diverse, and viable transactional policies.
Raydium RAY Official Website –https://raydium.io/#/
Raydium RAY Twitter –https://twitter.com/raydiumprotocol
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