Raydium (RAY) is Now Listed on INDODAX!

 

 

JAKARTA,Radarseluma.Disway.Id - Raydium (RAY) is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike other AMMs, Raydium provides on-chain liquidity to a central limit order book meaning that funds deposited into Raydium are converted into limit orders that are held on the Serum order book.

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About Raydium (RAY) TOKEN

Data and Information

Raydium is an Automated Market Maker (AMM) built on the Solana blockchain, which works to facilitate decentralized trading of digital assets. By combining liquidity from liquidity pools managed by liquidity providers and Serum’s order book, Raydium offers a fast and low-cost trading experience.

 

Users can lock their assets in liquidity pools to participate in trades, and in return, they receive RAY tokens that can be staked to earn additional cryptocurrency.

 

The Raydium development team, known by their pseudonym, started the project in 2020 with the aim of addressing challenges in the existing DeFi system. They designed an innovative solution and collaborated with Serum, allowing the use of liquidity from both platforms.

 

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