Market Cap | |
---|---|
24 Hour Trading Vol | |
Fully Diluted Valuation | 906.03 B |
Circulating | 290,916,824.00 |
Total Supply | 555,000,000.00 |
Max Supply | 555,000,000.00 |
Week | Month | Year | All Time | |
---|---|---|---|---|
High |
18-11-2024 5.905422685508
-14.49%
|
18-11-2024 5.905422685508
-14.49%
|
18-11-2024 5.905422685508
-14.49%
|
13-09-2021 ₹5,730,800.59
-70.09%
|
Low |
02-12-2024 5.05
0.00%
|
06-11-2024 3.250185934736
55.38%
|
28-11-2023 0.354684299991
1,323.80%
|
30-12-2022 ₹5,628.29
3,646.56%
|
Sr. | Exchange | Pair | Price | Spread | Volume | Volume% | Confidence | Last Traded | Trust Score |
---|
Price | Market Cap | Volume | Date |
---|
Raydium is an automated market maker (AMM) and a liquidity provider built on the Solana blockchain for the Serum decentralised exchange (DEX). Unlike other AMMs, Raydium provides on-chain liquidity to a central limit orderbook. This means that funds put into Raydium are turned into limit orders that sit on Serum's orderbooks. This gives Raydium LPs access to all of Serum's order flow as well as their current liquidity. RAY is the native utility token used to: Staking to make protocol fees Staking to get IDO allocations Governance votes on protocol decisions AlphaRay handles the overall strategy, operations, product direction, and business development for Raydium. With a background in algorithmic trading in commodities, Alpha switched to market making and liquidity provision for cryptocurrency in 2017 and hasn't looked back. After getting into DeFi in the summer of 2020, Alpha saw that the market needed an order book AMM to aggregate liquidity. With the release of Serum, Alpha put together a team of experienced trading developers to tackle the problem head-on. XRay is Raydium's Chief of Technology and leads the Dev Team. X has 8 years of experience as a trader and low-latency systems architect for both traditional markets and crypto markets. X builds all of Raydium's systems and infrastructure as needed.