coin image

Raydium PriceRAY

64
Token
$4.47 1.30%
0.0000464 BTC0.79%0.00164 ETH0.18%

Low (24h)

$3.97

$4.58

Raydium Price Today

64
Token
Market Cap
$1,300,558,962.76
Market Dominance
0.04%
Market Cap
$1,300,558,962.76
Market Dominance
0.04%
Fully Diluted Market Cap
$2,481,586,737.23
YTD (%)
-10.34%
Volume (24h)
$130,103,441
Volume / Market Cap
0.10004
Circulating Supply
290,865,966 RAY
Max Supply
-
Total Supply
290,865,966

RAY to USD

coin image RAY

1

RAY

=

USD

1h24h7d30d60d90d
-1.51%1.30%-14.14%-37.40% -2.73% -22.50%
1h24h7d30d60d90d
-1.51%1.30%-14.14%-37.40% -2.73% -22.50%





RAY to USD

coin image RAY

1

RAY

=

USD

Raydium Risk Analysis

2

2

2

Raydium (RAY) Markets


Raydium Quarterly Returns

YearQ1Q2Q3Q4Total
2021--68.23%167.09%-33.90%-43.91%
2022-46.87%-80.62%-12.52%-75.39%-97.78%
202367.02%-10.22%-17.75%627.99%797.94%
202491.87%-27.01%4.35%164.75%286.86%
Average37.34%-62.03%47.06%227.82%314.37%

Introduction to Raydium

RAY is a Solana token that powers the Raydium network. Raydium is an Automated Market Maker (AMM), decentralized exchange (DEX), and a token launchpad platform hosted on the Solana blockchain. The RAY token offers users many uses, including earning protocol fees, staking, and receiving allocations to token launch events.

In this article, we will make an attempt to explain Raydium in detail. We will also examine its distinctive characteristics. Secondly, we shall make an effort to learn its current status and its potential future. In short, we are going to present you with all the details you need to determine if investing in this cryptocurrency is a wise choice.

 

What is Raydium?

Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit order book meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s order books. This gives Raydium LPs access to all of Serum’s order flow as well as their existing liquidity. RAY is the native utility token used for:

  • Staking to earn protocol fees
  • Staking to receive IDO allocations
  • Governance votes on protocol decisions


How Many RAY Tokens Are in Circulation?

Raydium launched its main net on February 21st, 2021 with 555,000,000 tokens created at Genesis. 34% of all tokens will be released as liquidity mining incentives over a 3-year period. 30% of tokens are earmarked for partnerships and the expansion of the Raydium ecosystem. This includes giving grants to projects building projects around Raydium or helping our communities in general. These tokens are generally locked for 1 year and unlock linearly for the next 2 years.

 

Who Are the Founders of the Raydium Protocol?

AlphaRay leads overall strategy, operations, product direction, and business development for Raydium. With a background in algorithmic trading in commodities, Alpha transitioned to market-making and liquidity-providing for cryptocurrency in 2017 and hasn't looked back. After diving into DeFi in the summer of 2020, Alpha saw a market need for an order book AMM to aggregate liquidity, and with the release of Serum, pulled together a team of experienced trading developers to tackle the problem head-on. 

XRay is Raydium's Chief of Technology and Dev Team leader. X has around eight years of experience as a trading and low-latency systems architect for both traditional and crypto markets. X designs all of Raydium’s systems and infrastructure as needed. GammaRay heads up marketing and communications while also playing a key role in strategy and product direction. Gamma spent a large part of his career at a leading data analytics and market research firm, working on both client engagements and corporate marketing. Prior to Raydium, Gamma's focus within cryptocurrency has been technical analysis and discretionary trading.

 

Where Can I Buy RAY?

RAY is available on a growing number of exchanges with cryptocurrency and stablecoin pairs currently available. The most liquid exchanges include Raydium.io itself and gate.io

 

What Are the Benefits of Buying a RAY Token?

There are a number of perks that a crypto investor can get for possessing the RAY token. These advantages are as follows: 

  • Earn Protocol Fees 

The first way whereby RAY token holders can get a reward is in the form of protocol fees for staking their tokens

  • Participate in Token Launch Events

RAY token holders have the opportunity to invest their tokens to gain access to token launch events.

  • Be a Part of the Decision-making of the Token

The RAY token will be utilized for protocol governance, allowing the Raydium community to cast votes on proposed protocol modifications. 

  • Earn Tokens

Also, by contributing funds to liquidity pools called "Raydium farms," liquidity providers can earn RAY tokens.

 

Components of Raydium

Raydium is an all-in-one solution for modern DeFi users because it integrates various essential features. Listed here are a few of the more notable components of the diverse Raydium ecosystems.

  • XRP Wallet

Raydium users have to download a Solana Program Library (SPL) wallet before they may engage with the ecosystem. If you want to use the Raydium platform and store tokens on the Solana blockchain, you'll need the SPL wallet. To pay for transactions, users must have a certain quantity of native SOL tokens in their SPL wallet, the same as on Ethereum-based DEXs.

  • Raydium Wallet

Among SPL wallets, Phantom and Sollet.io are among the most popular. Phantom has a clean, minimalist UI and is an add-on for the Web3 wallet browser. This is why Phantom is perfect for first-time users. In order to facilitate the usage of Serum-based goods and services, the Serum team developed Sollet.io.

  • Raydium Swap

One DEX that allows for rapid token transfers via Serum is the Raydium Swap. There are a lot of similarities between the Uniswap and Raydium Swap user interfaces. Users can also gain access to multi-chain liquidity for various tokens using Raydium Swap. A user's choice of liquidity pool for token swaps is an additional bonus. Raydium Swap also determines the best order routing for token swaps based on cost by performing trades through liquidity pools or the Serum order book.

  • Raydium Trade

You may see your order book and place limit orders with Raydium Trade's advanced trading tools. If you're used to trading on Binance or another professional platform, you'll feel right at home here.
 

Why is Raydium So Distinct?

  • Competitively Cheap 

Compared to most AMM DeFi protocols, Raydium is significantly quicker and less expensive. In fact, It has an average transaction fee of $0.01. This is because of its usage of the Solana blockchain. 

  • Better Liquidity

Users have access to high levels of liquidity using Raydium because it can access liquidity from the Serum ecosystem. Raydium holders have access to the liquidity of the whole Serum ecosystem through the utilization of Serum's liquidity and central limit order book. 

  • Distinct Features

Many seasoned traders have grown accustomed to the extensive trading features that Raydium offers. Part of this process involves using TradingView charts and establishing limit orders. For many crypto traders, the platform offers an easy trading experience.

  • No Fear of Account Ban

You can trade just like on a centralized exchange. On the other hand, your assets are not held by any one institution, and accounts cannot be banned or censored.
 

Conclusion

We have made an effort to provide you with an overview of this digital currency after performing an extensive amount of research and analysis. However, we strongly advise you to go straight to Raydium's official website or social media channels to get a complete understanding of the current status of the project. In a similar fashion, a discussion with a crypto expert will also come in handy.

 

How Much is a One Raydium Worth Now?

The current price of the Raydium(RAY) is $4.47, with a current market cap $1,300,558,962.76.

What is the Raydium Stock Symbol or Ticker?

RAY is a ticker symbol of the Raydium.

How Many RAY Coins Are There in Circulation?

At the movement,290.87M Raydium tokens are already in the market out of 555M RAY.

How Can I Invest in Raydium?

There are many options for buying crypto, and Raydium can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy Raydium. It's a quick, easy, and secure way to buy Raydium(RAY).

Is Raydium a Stablecoin?

No, It is not a stablecoin.

What Was the Lowest Price for Raydium?

Raydium had an all-time low of $0.13.

What Was the Highest Price for Raydium?

Raydium had an all-time high of $16.93.

Raydium Price Prediction

The current Raydium price is $4.47. In the last 24 hours, Raydium price has gone up by 1.30%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future Raydium price prediction.

Portfolio Tracker

Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired Raydium at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.

Coin Converter

By exchanging RAY against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Raydium can be earned or received in various ways. RAY considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the RAY, including RAY to PHP, RAY to INR, RAY to NGN, RAY to THB, RAY to CAD, RAY to PKR, RAY to IDR , RAY to EUR , RAY to AUD , RAY to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.

Would you like to know how many cryptocurrencies 1 RAY is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like RAY to BTC, RAY to MYSTERY, RAY to LTC, RAY to XRP, RAY to SUI, RAY to APT, RAY to TST, RAY to BNB, RAY to GNO, RAY to HYPE .

RAY Price Current Data

Raydium price today is $4.47 USD, which is Up by 1.30% over the last 24 hours. There has been an hourly Dip by -1.51%. Raydium's market cap currently sits at $1,300,558,962.76 USD, holding up for a market cap rank at #64. The volume were at $130,103,441 USD Raydium ranks no 64 in the market capitalization of Raydium is at $1,300,558,962.76 and its volume for 24 hours is $130,103,441. Raydium are under circulation, with total supply of 555M and the Maximum supply of 0.

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RAY Price Statistics

Raydium Price Live

RAY Price

$4.47

Percentage Change ( 24h )

1.30%

$0.61
24h High / Low

$4.58 /

$3.97

Trading Volume 24h

$130,103,441

Volume / Market Cap

0.10004

Market Dominance

0.04%

Market Rank

64

Market Cap

$1,300,558,962.76

Fully Diluted Market Cap

$2,481,586,737.23

All Time High

$16.93

73.6%
All Time Low

$0.13

3227.34%
Circulating Supply

290,865,966 RAY

Total Supply

554,999,154 RAY

Max Supply

-