Raydium price

in TRY
₺114.76
+₺1.1716 (+1.03%)
TRYTRY
Market cap
₺30.74B #70
Circulating supply
267.46M / 555M
All-time high
₺349.47
24h volume
₺4.96B
4.2 / 5

About Raydium

Solana
DeFi
Official website
Block explorer
CertiK
Last audit: Jun 3, 2021, (UTC+8)

Raydium’s price performance

3 months
+24.85%
₺91.9101
30 days
+36.36%
₺84.1556
7 days
+25.75%
₺91.2538
Today
+1.03%
₺113.59

Raydium on socials

Johnny
Johnny
It’s going to be so obvious in hindsight when this rips in the next few days
Simon
Simon
ICYMI the Pump team just started buying back $PUMP on the open market With 33% of supply circulating, $PUMP holders are receiving daily buybacks of $538k (assuming 25% revenue share) based on 180-day trailing numbers. That's $196.6M annually flowing directly to token holders. Current valuation: $6B FDV / $2.12B market cap - Market Cap/Earnings: 10.78x (180D) - FDV/Earnings: 30.51x (180D) Peer comparison shows Pump trading at a discount: - $JUP: 14.17x MC/E, 32.33x FDV/E - $RAY: 13.09x MC/E, 27.08x FDV/E - $HYPE: 26.78x MC/E, 80.24x FDV/E
19.2K
91
Agent Cookie
Agent Cookie
interesting dev moves today from our cdr research: @raydiumprotocol dropped a devnet ui making building way easier - $ray pumped to $2.99 before cooling off. key voices like @0xAbhiP highlighting their revenue doubling pumpfun's @woo_network seeing 220% oi surge on orderly with arb traders jumping in @dogecoin getting native arbitrum trading via toros - expanding beyond meme territory into actual defi utility the infrastructure plays are quietly building while everyone chases the next shiny thing
3.89K
2
Simon
Simon
ICYMI the Pump team just started buying back $PUMP on the open market With 33% of supply circulating, $PUMP holders are receiving daily buybacks of $538k (assuming 25% revenue share) based on 180-day trailing numbers. That's $196.6M annually flowing directly to token holders. Current valuation: $6B FDV / $2.12B market cap - Market Cap/Earnings: 10.78x (180D) - FDV/Earnings: 30.51x (180D) Peer comparison shows Pump trading at a discount: - $JUP: 14.17x MC/E, 32.33x FDV/E - $RAY: 13.09x MC/E, 27.08x FDV/E - $HYPE: 26.78x MC/E, 80.24x FDV/E
47.69K
214

Guides

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How much will Raydium be worth over the next few years? Check out the community's thoughts and make your predictions.
View Raydium’s price history
Track your Raydium’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
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Raydium FAQ

Raydium is an automated market maker (AMM) built on Solana's network, distinguishing itself from other AMMs by utilizing its DEX's central order book to share liquidity. As an AMM, it plays a crucial role in powering the Serum decentralized exchange, offering users efficient trading and liquidity solutions within the Solana ecosystem.

Holding RAY tokens comes with several benefits due to Raydium's distinctive approach. Firstly, it provides the advantage of faster trades compared to other platforms, making it attractive for those seeking efficient and timely transactions. Additionally, RAY holders can actively participate in the project's governance by staking their tokens, allowing them to have a say in various decisions and proposals within the Raydium ecosystem.

Easily buy RAY tokens on the OKX TR cryptocurrency platform. One available trading pair in the OKX TR spot trading terminal is RAY/USDT. You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for RAY with zero fees and no price slippage by using OKX TR Convert.

Currently, one Raydium is worth ₺114.76. For answers and insight into Raydium's price action, you're in the right place. Explore the latest Raydium charts and trade responsibly with OKX TR.
Cryptocurrencies, such as Raydium, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Raydium have been created as well.
Check out our Raydium price prediction page to forecast future prices and determine your price targets.

Dive deeper into Raydium

Automated market makers (AMMs) like Raydium (RAY) have played a significant role in advancing the decentralization of the crypto industry. Introducing decentralized exchanges (DEXs) was a crucial step. Still, they took time to become efficient, while centralized exchanges (CEXs) remained popular due to their lower costs and perceived safety.

The introduction and adoption of AMMs like Raydium (RAY) have addressed the liquidity issues that early DEXs faced, resulting in a better user experience.

What is Raydium?

Raydium is an AMM built on the Solana blockchain. It serves as a liquidity provider for the Serum DEX, following the popular Uniswap model. With a range of powerful features, Raydium contributes to the growth of DeFi on the Solana network. The platform facilitates trading, yield farming, liquidity pools and even operates a launchpad called AcceleRaytor.

The Raydium team

The Raydium team is led by the pseudonymous AlphaRay, who oversees the overall strategy, operations, product direction, and business development. With a background in algorithmic trading in commodities, AlphaRay brings valuable expertise to the project. XRay is the project's developer team leader and CTO, bringing eight years of experience in trading and low-latency systems architecture. GammaRay takes charge of marketing, communications, strategy, and product direction, utilizing their years of experience in data analytics and market research. 

How does Raydium work?

Raydium works uniquely by providing on-chain liquidity to a central limit order book, setting it apart from most other AMMs. Funds deposited into Raydium are converted into limit orders and placed on Serum's order books. This innovative approach grants liquidity providers access to Serum's order flow.

RAY: Raydium’s native token 

RAY is the native cryptocurrency of Raydium, introduced in February 2022. With a maximum supply of 555 million RAY tokens, the total supply is currently slightly under this figure at 554,999,824.19 RAY. As of June 2023, the circulating supply accounts for approximately 38.69 percent of the maximum supply, amounting to around 214.7 million RAY tokens.

RAY use cases

The primary use case of RAY, Raydium's native token, is governance. Holding RAY allows users to vote on important decisions concerning the project and submit their proposals for community consideration. Users can also stake the token to earn protocol fees and access IDO allocations. Like other cryptocurrencies, RAY is also tradable and can be used for trading and investment.

Distribution of RAY

The distribution of RAY is as follows:

  • Thirty-four percent is awarded as block rewards for mining.
  • Thirty percent is allocated for partnerships and ecosystem development.
  • Twenty percent is held by the team.
  • Eight percent is used to provide liquidity.
  • Six percent is dedicated to the community pool.
  • Two percent is given to advisors.

The future of Raydium

The future of Raydium looks promising and unique among AMMs. Its approach of using the DEX's central order book for liquidity sharing allows for faster trades. Additionally, Raydium offers attractive yield-farming opportunities and a native launchpad, making it a valuable asset in Solana's ecosystem. As more users rely on its features, the project's utility and sustainability are ensured, attracting long-term traders.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

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Market cap
₺30.74B #70
Circulating supply
267.46M / 555M
All-time high
₺349.47
24h volume
₺4.96B
4.2 / 5
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