About 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.
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Trading Insights
Traders
5.6K
Searched
279
Market Stats
Market Cap
A$1.19B
-8.34%
FDV
A$2.47B
Circ. Supply
267M RAY
Max Supply
555M RAY
Total Supply
555M RAY
Total Value Locked
A$3.38B
Diluted Valuation
A$2.47B
Performance
Popularity
Not enough data
Dominance
0.02%
Volume (24H)
A$209.14M
0.85%
Volume (7D)
A$1.49B
Volume (30D)
A$6.42B
All time high
A$24.67
Price Change (1Y)
21.21%
Additional details
Market details
RAY vs markets
↘ 25.46%
RAY vs BTC
↘ 29.47%
RAY vs ETH
↗ 9.27%
Tags
decentralized-exchange-dex-token
defi
amm
dex
+1
Network & Addresses
Network | Address | |
|---|---|---|
Solana | 4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R | |
Ethereum | 0x5245C0249e5EEB2A0838266800471Fd32Adb1089 | |
BNB Smart Chain | 0x13b6A55662f6591f8B8408Af1C73B017E32eEdB8 |
Price history
Time | Price | Change |
|---|---|---|
Today | A$4.45 | ↘ 8.44% |
1 Day | A$4.83 | ↘ 8.44% |
1 Week | A$4.53 | ↘ 0.78% |
1 Month | A$3.17 | ↗ 42.09% |
1 Year | A$3.69 | ↗ 21.21% |
Coinbase insights
Recent trends
The latest RAY price is A$4.45. Compared to Raydium's value of A$4.83 from 24 hours ago, there's been a -8% decrease, while the current price is -1% down from A$4.53 which was recorded one week ago. Raydium's all time high is A$24.67, which was reached on May 3, 2021. This is a -82% change from its price today.
The current circulating supply of Raydium is 267,482,955. This is 48% of its max supply of 555,000,000 RAY and 48% of its total supply of 554,998,358. The market cap is currently A$1.19B, which is a result of multiplying the current price of Raydium(A$4.45) by the total supply(554,998,358 RAY). The fully diluted valuation of Raydium is A$2.47B. The diluted valuation of Raydium is A$2.47B.
FAQ
Raydium is an automated market maker (AMM) and liquidity provider that operates on the Solana blockchain for the Serum decentralized exchange (DEX). It distinguishes itself from other AMMs by providing on-chain liquidity to a central limit orderbook, which means that funds deposited into Raydium are converted into limit orders on Serum’s orderbooks. This unique approach allows Raydium liquidity providers to access all of Serum’s order flow and existing liquidity. The native utility token of Raydium is RAY, which is used for staking to earn protocol fees, receiving IDO allocations, and participating in governance votes on protocol decisions.
Raydium operates by taking all the tokens accrued in its liquidity pools and placing orders on the orderbook according to the constant product invariant. This allows Raydium to provide liquidity to traders at a variety of prices. For users who do not require the orderbook but enjoy low trading fees, Raydium has implemented a feature for users who just want to swap their tokens. Liquidity providers can generate additional rewards for contributing, with key pools being incentivized with RAY tokens. Raydium also includes a limited governance model, allowing stakers of RAY to participate and vote on community proposals and amendments.
Raydium seeks to provide a suite of features that contribute to the evolution of DeFi on Solana. Users have the ability to swap or trade, potentially earn through fees and yield farms, and provide liquidity for any SPL token. Raydium also enables the permissionless creation of liquidity pools and farms, allowing projects to launch and bootstrap liquidity in a decentralized manner. The RAY token is used in staking with the potential to generate yield from trading fees, the possibility to stake RAY for multipliers on yield, and participation in governance votes on community proposals and amendments.
Raydium was launched on February 21st, 2021 with 555,000,000 tokens created at genesis. The team behind Raydium includes AlphaRay, who leads overall strategy, operations, product direction, and business development, XRay, the Chief of Technology and Dev Team leader, and GammaRay, who heads up marketing and communications. The team has backgrounds in algorithmic trading in commodities, market making and liquidity providing for cryptocurrency, and technical analysis and discretionary trading. Raydium was built with the intention of addressing market needs for an order book AMM to aggregate liquidity, and the team has been working towards this since the summer of 2020.
We update our Raydium to AUD currency in real-time. Get the live price of Raydium on Coinbase.
The current market cap of Raydium is A$1.19B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Raydium is A$24.67. This all-time high is highest price paid for Raydium since it was launched.
Over the last 24 hours, the trading volume of Raydium is A$209.14M.
Assets that have a similar market cap to Raydium include Jasmy, IOTA, Tether Gold, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Raydium is 267 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Raydium news
Trending articles
Social stats
Popularity in posts
#51
Contributors
2,675
Posts
7,009
% About Raydium
0.409%
Articles
1
Hold times
0 days
X (Twitter)
59.7% bullish
Sentiment
4.6 ★
Highlights
2,675 unique individuals are talking about Raydium and it is ranked #51 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Raydium has an average sentiment score of 92 out of 5. Finally, Raydium is becoming less newsworthy, with 1 news articles published about Raydium.
On Twitter, people are mostly bullish about Raydium. There were 61.05% of tweets with bullish sentiment compared to 2.27% of tweets with a bearish sentiment about Raydium. 38.95% of tweets were neutral about Raydium. These sentiments are based on 6426 tweets.
On Reddit, Raydium was mentioned in 235 Reddit posts and there were 229 comments about Raydium. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.