About Raydium — the project of OKX Jumpstart Mining

 Digital Assets    |      2022-08-08

About

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.

 

Overview

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. Raydium offers a few key advantages:

  1. Faster and cheaper: Raydium leverages 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.

 

  • Project name: Raydium

  • Ticker: RAY

  • Total supply: 550,000,000

  • Circulating supply:77,187,928

  • Mainnet: Solana

  • Issued date: 2021.1.21

 

Risk Warning: Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.




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