What is Raydium (RAY)? | Raydium Crypto Explained in Under 60 Seconds

Raydium crypto is an automated market maker built on Solana that allows users trade, swap, and provide liquidity in exchange for yield rewards.

Raydium protocol is powered by it’s native utility token RAY. Used for governance votes on protocol changes, and earned by staking in Raydium farms.

▶ Search All Crypto Tokens (Name or Symbol) https://cryptodefirevolution.com/

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The Automated Market Maker (AMM) allows users to trade against a pool of tokens (liquidity pool) instead of between actual buyers & sellers.

Ecosystem-Wide Liquidity - On-chain liquidity to the Serum DEX central limit order book provides ecosystem-wide liquidity to all Raydium users and projects.

The Best Price Swaps feature selects whether to swap within a liquidity pool or through the Serum order book to provide users with the best price.

AcceleRaytor was created as a launchpad for new Solana projects. Provides new projects with a boost, and helps to grow the Solana ecosystem.

WEBSITE: https://raydium.io/