RAY (RAY)

€ 2,18

4,26 % € 0,09

RAY Price in Euros

(RAY to EUR)

€ 2,18

RAY Volume

(24h)

€ 31.33 M

Market Cap

(RAY)

€575.52 M
BTC

What is RAY

Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). As an AMM, Raydium enables the trading of digital assets, such as cryptocurrencies, in a permissionless manner through the use of liquidity pools. By combining the flexibility of an AMM with the reliability of Serum's order book mechanism, Raydium offers fast, liquid, and low-fee trading of digital assets on Solana.

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How does RAY work?

Raydium utilizes liquidity pools, where individuals known as liquidity providers lock their assets in a liquidity pool smart contract. These locked assets serve as the trading pair within a given market for traders on the decentralized exchange. By contributing liquidity to Raydium, users can earn rewards in RAY, the utility token of the Raydium ecosystem. Additionally, RAY tokens can be staked in the platform to earn additional cryptocurrencies.

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How to buy RAY?

It is possible to buy Raydium at an exchange like Coinmerce. Select the coin, choose your payment method, and receive Raydium tokens in your wallet.

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How to buy RAY?

If you want to buy Raydium (RAY), you can do so at Coinmerce using iDeal. This means you can buy Raydium if you are a customer of Rabobank, ING, ABN AMRO, or any other Dutch bank. Once logged in, click on "Coins" in the top menu to access all the available cryptocurrencies. If you don't see Raydium listed, use the search function to find Raydium and click on the coin. In the right window, enter the amount of euros you want to spend on Raydium. The corresponding amount of Raydium will be displayed. Once you've entered the correct amount, click on "Buy".

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About RAY

Raydium was launched on February 21st, 2021, with 555,000,000 tokens created at genesis. Raydium offers staking options to earn protocol fees, receive IDO allocations, and participate in governance votes on protocol decisions. The platform also features a fundraising platform called AcceleRaytor, which helps new projects raise capital and build within the Solana ecosystem. In conclusion, Raydium is an innovative AMM and liquidity provider built on Solana, offering fast and cost-effective trading of digital assets. With incentives for liquidity providers and additional staking opportunities, Raydium provides an attractive ecosystem for users to participate in the Solana blockchain.

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Founder
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Founded
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Industry AMM
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Website Website
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Network Solana
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Location
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Rank 103
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Market Cap 575.52 M
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Trading volume 31.33 M
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Maximum coins 0
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Circulating 263.57 M
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