Raydium

RAY

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Raydium
On the Solana network, Raydium is a frontend interface for a decentralized exchange (DEX) that connects to the Serum DEX central limit order book. Trades are carried out using Serum; however, Raydium functions as an automated market maker (AMM) and regular DEX on Ethereum (like Uniswap and Sushiswap). Users of Raydium can contribute tokens to a liquidity pool in a 1:1 ratio for a two-sided trading pair in exchange for a share of the trading fees the pool generates. Fees on Raydium are 0.25 percent, of which 0.22 percent goes to liquidity providers and 0.03 percent goes to RAY stakeholder investors. There are several ways to generate yield through staking using Raydium. RAY is a Solana network-compliant SPL token. One of RAY's use cases is to incentivize liquidity; another is to participate in AcceleRaytor; a third is to capture market making fees; and a fourth is to support governance. Raydium runs AcceleRaytor, which offers a platform for the distribution of tokens by fresh Solana projects.
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