What is Raydium
Raydium is the first decentralized automated market maker (AMM) built on the #solana blockchain, designed for the Raydium DEX. The AMM platform allows users to trade, exchange and provide liquidity to earn returns on digital assets. The protocol uses Serum as an exchange system, thus obtaining greater liquidity. Like all Solana-based protocols, Raydium takes advantage of the speed and scalability of blockchain. For beginners, an automated market maker (AMM) is an index or protocol used in the digital market to determine the buying and selling prices of assets.
Raydium Tutorial
Open #TokenPocket , tap “Discover” in the bottom menu, and open #Raydium in the “Popular DApps” section.
2. To use Raydium for the first time, click the menu in the upper right corner of the interface, and choose TokenPocket in the wallet connection interface.
3. After connecting successfully, the default interface is Exchange, which is not much different from normal Exchange operations. Simply choose the tokens to exchange, set the corresponding amount and click Swap. This will display the operation details interface and execute the signing.
4. Next to the Swap function is Liquidity, which is also a familiar function and interface. Simply set the two types of tokens and their quantities for which you want to add liquidity, and then run the deposit to receive LP tokens. The menu in the upper left corner of the interface integrates and displays all the functions of Raydium, which are everyday DeFi functions. You can choose based on your preferences and usage habits.
For more details on using Raydium, you can refer to the official documentation.
