Raydium (RAY) is a decentralized finance (DeFi) platform built on the Solana blockchain. It's an automated market maker (AMM) and liquidity provider, enabling users to trade, stake, and participate in governance.$RAY
Key Stats:
- Market Capitalization: $143 million
- Circulating Supply: 423 million RAY
- Total Supply: 1 billion RAY
- Current Price: $0.34
Features:
- Liquidity mining: Earn rewards for providing liquidity
- Staking: Stake RAY for governance and rewards
- AMM: Automated market making for efficient trading
- Serum integration: Seamless trading experience
Use Cases:
- Decentralized trading
- Liquidity provision
- Governance participation
- Staking and yield farming
Price Performance:
- All-Time High: $17.75 (November 2021)
- All-Time Low: $0.13 (June 2022)
Predictions:
- $0.50 (WalletInvestor, 2025)
- $1.50 (DigitalCoinPrice, 2025)
Partnerships:
- Solana
- Serum
- Chainlink
Raydium's focus on DeFi and liquidity provision makes it an attractive option for traders and investors.
Would you like more information on:
1. Raydium's liquidity mining programs?
2. RAY tokenomics and staking?
3. Upcoming developments?
4. Other?