Sell Raydium (RAY)
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What is Raydium (RAY)?
RAY is the utility token used on the Raydium automated market maker (AMM) platform. Raydium is built on the Solana blockchain and functions as an on-chain liquidity provider for Serum’s decentralised exchange (DEX). Through this partnership, Raydium users access the liquidity and order flow of Serum’s entire ecosystem and vice versa.
Raydium also offers a Best Price Swaps feature to help users determine the best price between swapping within a liquidity pool or through the Serum order book. The RAY token is used both for staking and governance. Users can stake RAY to earn protocol fees and receive initial DEX offering (IDO) allocations.
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