Raydium Price (RAY)

Raydium Price (RAY)

Currency:
RAY to USD:
1 Raydium equals $ 4.385536 USD-6.55%1D
Page last updated: 2024-12-22 09:06 (UTC+0)
How do you feel about Raydium today?
Good
0
Bad
0
Note: This information is for reference only.

Price of RAY today

The live price of Raydium is $ 4.385536 per (RAY / USD) with a current market cap of $ 1.28B USD. 24-hour trading volume is $ 79.60M USD. RAY to USD price is updated in real-time. Raydium is -6.55% in the last 24 hours with a circulating supply of 290.89M.
RAY Price History USD
Date ComparisonAmount Change% Change
Today$ -0.307339-6.55%
30 Days$ -1.715007-28.11%
60 Days$ 1.822397+71.10%
90 Days$ 2.873182+189.98%

RAY Market Information

24h Low & High
Low: $ 4.245661
High: $ 4.696077
The highest and lowest price paid for this asset in 24 hours.
All Time High
$ 16.93
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
+0.33%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
-6.55%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
-15.62%
The percentage change in price for this asset compared to 7 days ago.

RAY Market Information

Popularity
#80
Popularity is based on the relative market cap of assets.
Market Cap
$ 1.28B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
$ 79.60M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
290.89M
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
--
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
$ 2.43B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Issue Date
2021-02-21

What Can You Do With Raydium (RAY)?

Explore how to use your cryptocurrencies with Binance.

About Raydium (RAY)

Raydium is a Solana-based automated market maker (AMM). The AMM platform allows users to trade, swap, and provide liquidity to earn returns on digital assets. The protocol leverages Serum's central order book, providing Raydium users additional liquidity to the protocol and faster trading. Like all Solana-based protocols, Raydium employs Solana's processing speed and data capacity. 

As part of its partnership with Serum, Raydium - a non-custodial decentralized exchange built on the Solana ecosystem - now has access to Serum's order flow and liquidity. Raydium's algorithm relies on a Constant Function Automatic Market Maker (CFAMM), which uses a mathematical function to ensure that reserve assets remain constant regardless of trades made. This feature benefits Raydium users and liquidity pools, making it easier for them to access Serum's order book and liquidity.

Raydium enables users of its platform to participate in multiple DeFi activities such as trading, yield farming, and pools. Additionally, Raydium's AcceleRaytor initiative is purportedly designed to accelerate the growth of the Solana Ecosystem. It serves as a launchpad for new projects to raise capital and drive initial liquidity in a decentralized and interoperable manner. This allows both the project and Raydium communities to engage in token offerings.

The Raydium platform is powered by the RAY token.The token is used for staking, liquidity mining, securing IDO allocations, and granting governance rights within the Raydium DeFi ecosystem. The live price of Raydium (RAY) is updated and available in real time on Binance.

People Also Ask: Other Questions About Raydium

  1. What is RAY Used For?

    RAY is used to pay transaction fees on the Raydium platform. Furthermore, users can stake their RAY tokens for rewards or deposit them into liquidity pools for even further rewards. Holding RAY enables users a limited role in governance, allowing them to participate and vote on topics pertaining to the development of the protocol.

  2. Who is the Founder of Raydium?

    Raydium mainnet launched in 2021 with a core team of members using pseudonyms. "AlphaRay" leads the project, taking care of operations, strategy, direction, and business development. "XRAY" is the Chief of Technology and development team leader.

  3. What is the Maximum Token Supply of RAY?

    The maximum supply of Raydium's token, RAY, is set to 555 million RAY. At the time of writing, 259, 208,086 RAY tokens are in circulation.

  4. What Makes Raydium Different From Others?

    Raydium purportedly leverages Serum's central order book to provide its users with increased liquidity while utilizing Solana's speed and scalability, allowing users to make high-speed trades.

  5. How To Buy Raydium (RAY)?

    Raydium (RAY) can be purchased directly from Binance. Raydium (RAY) can also be traded for other cryptocurrencies on Binance. The live price of RAY is updated in real-time on Binance. Additionally, Raydium price and purchase information are available for users in our How To Buy Raydium (RAY) guide.

  6. How Much Will Raydium (RAY) Be Worth in Future?

    Check out our RAY Price Prediction page — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

RAY to Local Currency

FiatPriceOperation
1 RAY to USD$ 4.385536
1 RAY to TRY$ 4.385536
1 RAY to RUB$ 4.385536
1 RAY to EUR$ 4.385536
1 RAY to AED$ 4.385536
1 RAY to AUD$ 4.385536
1 RAY to BRL$ 4.385536
1 RAY to VND$ 4.385536
Last updated 2024/12/22 09:06 (UTC)

Video Section

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by Binance about the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. Binance is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an "as is" basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance's control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents.