RAY
Raydium
RAY

Raydium price

in BRL
R$8.916
-- (--)
BRL
Last updated on --.

About Raydium

Raydium (RAY) is a decentralized exchange (DEX) built on the Solana blockchain, designed for fast and low-cost trading. It combines an automated market maker (AMM) with an order book system, offering deep liquidity and efficient price discovery. RAY tokens are used for governance, staking, and earning rewards within the ecosystem. Raydium plays a key role in Solana's DeFi space by enabling seamless token swaps, liquidity provision, and integration with other platforms. Its partnerships, like the USD1 stablecoin launch with World Liberty Financial, highlight its growing influence. For traders and liquidity providers, Raydium offers a user-friendly gateway into Solana's vibrant crypto economy.
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DeFi
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Last audit: 3 Jun 2021, (UTC+8)

Raydium’s price performance

Past year
-68.90%
R$28.67
3 months
-54.27%
R$19.50
30 days
-18.07%
R$10.88
7 days
+22.90%
R$7.25
51%
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Haotian | CryptoInsight
Haotian | CryptoInsight
The long-awaited UNIfication community proposal has finally changed its main character after many years. This time, it is jointly initiated by @Uniswap Labs and the Uniswap Foundation, and it is no longer a vague game of "the wolf is coming": 1) In the past, there have been at least a dozen proposals for Fee Switch or buyback from a large number of $UNI holders and the community, but they all sank without a trace in the end. Because the "official" stance was unclear, Labs was busy pushing products for fear of affecting growth, and the Foundation was busy maintaining the ecosystem, fearing that sharing the LP's cake would lead to governance disputes. This time is different, @haydenzadams personally stepped up to initiate the proposal, which means acknowledging that $UNI aims to capture value, no longer making vague commitments. 2) 100 million tokens, 10% of the supply will be directly repurchased and burned, which will create a significant buzz. If we do the math, including protocol fees, Unichain sorter fees, MEV auction slots, and various other fees, it is conservatively estimated that there will be hundreds of millions of dollars in continuous buybacks each year? This provides ample room for sustainable growth in the future; 3) To be honest, Uniswap's response has been slow. @HyperliquidX has accumulated $644 million in buybacks using protocol revenue, @aave has launched a $50 million annual plan, @Raydium's buyback scale has also exceeded $100 million, @CurveFinance is activating the fee switch, and @ethena_labs... all major DeFi projects are using real income to drive token buybacks to prove they are not just hot air. As the leading DEX, Uniswap has only now officially announced this, which is intriguing. 4) However, with Uniswap doing this, its impact will be broad, essentially setting a benchmark for the entire on-chain protocol that "protocol revenue must feed back into tokens"? Does this represent the end of the dark era of governance tokens that have been criticized as worthless? This also forces those projects that are still relying on so-called governance rights and community faith to hold the scene to step up and prove themselves. Finally, congratulations to $UNI holders, and congratulations to us: Because altcoins have finally embarked on the path of "self-proof," "self-support," and "self-expansion" of value.
Hayden Adams 🦄
Hayden Adams 🦄
Today, I’m incredibly excited to make my first proposal to Uniswap governance on behalf of @Uniswap alongside @devinawalsh and @nkennethk This proposal turns on protocol fees and aligns incentives across the Uniswap ecosystem Uniswap has been my passion and singular focus for the past 8 years. What started as a small side project is now global financial infrastructure powering thousands of applications with ~$1.8 trillion in annual trading UNI launched in 2020, but for the past 5 years Labs has been unable to meaningfully participate in Uniswap governance, and has been greatly restricted in the ways it can build value for the Uniswap community. That ends today! This restriction was in great part due to a hostile regulatory environment that cost thousands of hours and tens of millions in legal fees. Fortunately, the regulatory environment has shifted This proposal comes from a strong desire to see the Uniswap protocol win as the global decentralized exchange for tokenized value At a high level, the proposal: 1. Turns on protocol fees and uses them to burn UNI 2. Sends @unichain sequencer fees to the UNI burn 3. Burns 100M UNI from the treasury representing the protocol fees that could have been burned if fees were turned on at token launch 4. Introduces Protocol Fee Discount Auctions, a new way to improve LP outcomes and internalize MEV to the protocol 5. Introduces "aggregator hooks” which will turns Uniswap v4 into an onchain aggregator that collects protocol fees on external liquidity sources 6. Focus Labs on driving protocol growth and adoption, including a contractual agreement to only pursue initiatives that align with Uniswap governance interests ^ As part of this, Labs will stop collecting fees on its interface, wallet, and API to supercharge distribution and adoption of the Uniswap protocol 7. Moves Foundation employees to Labs with a shared goal of accelerating protocol growth, under a growth fund from the treasury 8. Move governance-owned Unisocks liquidity to v4 on Unichain and burn the LP position I believe Uniswap protocol can be the primary place tokens are traded. This proposal sets the stage for the next decade of its growth @Uniswap will ship relentlessly over the coming years and supercharge the ecosystem of developers, LPs, and traders building on top I'm so grateful to the community that has made this all possible, and excited for what's next 🦄
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Franco🧡π🦅
Franco🧡π🦅
$PIIN fearlessly tames the market beast! Ready to soar through any storm! #piin 👊👊👊 #SOL #LINK #GT #TRUMP #AAVE #RENDER #JUP #BONK #GRT #RAY #PAXG #GALA #LDO #HNT #MANA #ENS #PYTH #JTO #WIF #PENGU
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Kevin O'Leary
Kevin O'Leary
Okay here we’re , everyone can take profit now on $BTC $ETH $HYPE Join premium for free 👇 $doge $not $pepe $inj $bnb $ada $sol $forex $crypto $xrp $trx $neiro $sats $shib $ltc $sui $people $trump $wct $syrup $lqty $ray $bome $ray $usual $ordi $gmx $cvc
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Raydium FAQ

Raydium is an automated market maker (AMM) built on Solana's network, distinguishing itself from other AMMs by utilizing its DEX's central order book to share liquidity. As an AMM, it plays a crucial role in powering the Serum decentralized exchange, offering users efficient trading and liquidity solutions within the Solana ecosystem.

Holding RAY tokens comes with several benefits due to Raydium's distinctive approach. Firstly, it provides the advantage of faster trades compared to other platforms, making it attractive for those seeking efficient and timely transactions. Additionally, RAY holders can actively participate in the project's governance by staking their tokens, allowing them to have a say in various decisions and proposals within the Raydium ecosystem.

Easily buy RAY tokens on the OKX cryptocurrency platform. One available trading pair in the OKX spot trading terminal is RAY/USDT. You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for RAY with zero fees and no price slippage by using OKX Convert.

Currently, one Raydium is worth R$8.916. For answers and insight into Raydium's price action, you're in the right place. Explore the latest Raydium charts and trade responsibly with OKX.
Cryptocurrencies, such as Raydium, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Raydium have been created as well.
Check out our Raydium price prediction page to forecast future prices and determine your price targets.

Dive deeper into Raydium

Automated market makers (AMMs) like Raydium (RAY) have played a significant role in advancing the decentralization of the crypto industry. Introducing decentralized exchanges (DEXs) was a crucial step. Still, they took time to become efficient, while centralized exchanges (CEXs) remained popular due to their lower costs and perceived safety.

The introduction and adoption of AMMs like Raydium (RAY) have addressed the liquidity issues that early DEXs faced, resulting in a better user experience.

What is Raydium?

Raydium is an AMM built on the Solana blockchain. It serves as a liquidity provider for the Serum DEX, following the popular Uniswap model. With a range of powerful features, Raydium contributes to the growth of DeFi on the Solana network. The platform facilitates trading, yield farming, liquidity pools and even operates a launchpad called AcceleRaytor.

The Raydium team

The Raydium team is led by the pseudonymous AlphaRay, who oversees the overall strategy, operations, product direction, and business development. With a background in algorithmic trading in commodities, AlphaRay brings valuable expertise to the project. XRay is the project's developer team leader and CTO, bringing eight years of experience in trading and low-latency systems architecture. GammaRay takes charge of marketing, communications, strategy, and product direction, utilizing their years of experience in data analytics and market research. 

How does Raydium work?

Raydium works uniquely by providing on-chain liquidity to a central limit order book, setting it apart from most other AMMs. Funds deposited into Raydium are converted into limit orders and placed on Serum's order books. This innovative approach grants liquidity providers access to Serum's order flow.

RAY: Raydium’s native token 

RAY is the native cryptocurrency of Raydium, introduced in February 2022. With a maximum supply of 555 million RAY tokens, the total supply is currently slightly under this figure at 554,999,824.19 RAY. As of June 2023, the circulating supply accounts for approximately 38.69 percent of the maximum supply, amounting to around 214.7 million RAY tokens.

RAY use cases

The primary use case of RAY, Raydium's native token, is governance. Holding RAY allows users to vote on important decisions concerning the project and submit their proposals for community consideration. Users can also stake the token to earn protocol fees and access IDO allocations. Like other cryptocurrencies, RAY is also tradable and can be used for trading and investment.

Distribution of RAY

The distribution of RAY is as follows:

  • Thirty-four percent is awarded as block rewards for mining.
  • Thirty percent is allocated for partnerships and ecosystem development.
  • Twenty percent is held by the team.
  • Eight percent is used to provide liquidity.
  • Six percent is dedicated to the community pool.
  • Two percent is given to advisors.

The future of Raydium

The future of Raydium looks promising and unique among AMMs. Its approach of using the DEX's central order book for liquidity sharing allows for faster trades. Additionally, Raydium offers attractive yield-farming opportunities and a native launchpad, making it a valuable asset in Solana's ecosystem. As more users rely on its features, the project's utility and sustainability are ensured, attracting long-term traders.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
R$2.39B #86
Circulating supply
268.25M / 555M
All-time high
R$46.1
24h volume
R$537.42M
Rating
4.2 / 5
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