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. In this paper, the propose Raydium, 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 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. Solana was chosen as the underlying blockchain to allow for low-cost and high-speed transactions. It is a high-performance, permission less blockchain based on Proof of History (PoH).
Raydium As of writing, it can handle 65,000 transactions per second with 400 millisecond block times. The protocol is designed to scale together hardware and bandwidth improvements, with capacity expected to double every 2 years. Raydium will be integrated into Project Serum, which is a decentralized exchange that supports trustless cross-chain trading. Despite being natively implemented on Solana, it will be interoperable with Ethereum.
Raydium (RAY) Storage Key Points
|Circulating Supply||49,449,560.42 RAY|
|Source Code||Click Here To View source code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
Raydium Offers a few Key Advantages
- Faster and cheaper: We leverage the efficiency of the Solana blockchain to achieve transactions magnitudes faster than Ethereum and gas fees which are a fraction of the cost.
- 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.
- Trading interface: For traders who want to be able to view TradingView charts, set limit orders and have more control over their trading.
Trade and Swap
Raydium’s swap feature allows two tokens to be exchanged quickly through Serum, while the DEX UI also allows for more advanced trading features such as limit orders. These make for a better trading experience for users.
There are a number of ways to earn RAY tokens while farming liquidity pools and staking. More features are on the way!
Power Your Project with Raydium
If you’re interested in listing your project on Raydium, creating a Fusion Pool, or launching on AcceleRaytor, please fill out this form and we’ll get back to you if the project is a good fit! If you’re looking to build out and supercharge features of your platform on Solana, Raydium can help and would love to talk partnership!
Unlike other AMMs, Raydium provides on-chain liquidity to a central limit order book, meaning that pools have access to all order flow and liquidity on Serum.
The Speed of Solana
Raydium is built on the Solana blockchain, enabling faster transactions, significantly lower fees, and enhanced scalability.
The purpose of market makers is to facilitate the process of finding a fair price for a product as well as to provide market participants with a trading partner. It is rewarded for each of these services. If the fair price is found, the market maker would earn the price difference between their bid and ask prices when participants trade against them. For providing liquidity the market maker earns a rebate fee from the exchange. Raydium is a pure market maker which takes the tokens locked in it to create a series of orders at different price points and sizes to provide liquidity.