Raydium

Description

🧬 So, what is Raydium? Raydium is an automated market maker (AMM) built on the Solana blockchain which leverages the central order book of the Serum decentralized exchange (DEX) to enable lightning-fast trades, shared liquidity and new features for earning yield. 👽 Why is Raydium different? Other AMM DEXs and DeFi protocols are only able to access liquidity within their own pools and have no access to a central order book. Additionally, with the majority of platforms running on Ethereum, transactions are slow and gas fees are high. Raydium offers a few key advantages: 1. Faster and cheaper: We leverage the efficiency of the Solana blockchain to achieve transactions magnitudes faster than Ethereum and gas fees which are a fraction of the cost. 2. A central order book for ecosystem-wide liquidity: Raydium provides on-chain liquidity to the central limit order book of the Serum DEX, meaning that Raydium allows access to the order flow and liquidity of the entire Serum ecosystem. 3. Trading interface: For traders who want to be able to view TradingView charts, set limit orders and have more control over their trading.

Discord

https://discord.com/invite/6EvFwvCfpx

Medium

https://raydium.medium.com/

Telegram

https://t.me/raydiumprotocol

Total balance (24h)

341,911.96

Total balance (30d)

341,911.96

Total balance (7d)

341,911.96

Total volume (24h)

2,583,917.33

Total volume (30d)

111,638,413.4

Total volume (7d)

20,669,486.87

Transaction count (24h)

3,698,586

Transaction count (30d)

162,238,052

Transaction count (7d)

31,567,349

Unique active wallets (24h)

841,583

Unique active wallets (30d)

10,677,330

Unique active wallets (7d)

3,421,587

X

https://twitter.com/RaydiumProtocol