Raydium (DeFi)
 | |
| Original author(s) | Anonymous team ("AlphaRay," "XRay," and others) |
|---|---|
| Developer(s) | Raydium Core Development Team |
| Initial release | February 2021 |
| Repository | https://github.com/raydium-io |
| Written in | Rust, C++ (Solana-based) |
| Middleware | Serum (for order book integration) |
| Engine | Solana Blockchain Framework |
| Operating system | Cross-platform (Web-based) |
| Platform | Solana Blockchain |
| Predecessor | Traditional AMM-based DEXs (on Ethereum) |
| Service name | Raydium |
| Standard(s) | Solana SPL Token Standard |
| Type | Decentralized Exchange (DEX), DeFi Platform |
| License | Open-source (GitHub) |
| Website | https://raydium.io/swap/?inputMint=sol&outputMint=4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R |
| As of | December 2024 |
Raydium is a decentralized exchange[1] (DEX) built on the Solana blockchain. It provides automated market making[2] (AMM) and liquidity provision through its on-chain order book system. Unlike traditional DEXs, Raydium integrates directly with the Serum[3] decentralized exchange, enabling shared liquidity and faster trade execution.[4][5][6]
History
[edit]Raydium was launched in February 2021 by an anonymous team known collectively as "AlphaRay[7]," "XRay," and other pseudonymous developers. Its creation aimed to address scalability and transaction speed issues common in Ethereum-based DEXs by leveraging Solana's high-performance blockchain.[8]
Features
[edit]1. Automated Market Maker (AMM)
[edit]Raydium uses an AMM model where users can provide liquidity by depositing token pairs into liquidity pools. This allows for trustless trading and yield generation through fees earned from swaps.[9]
2. Order Book Integration
[edit]Raydium connects with Serum's on-chain order book, enabling users to access broader liquidity. This integration differentiates Raydium from typical AMM-based DEXs.[9]
Liquidity providers can stake their LP tokens to earn RAY,[13] the platform's native token, through various farming programs.[14]
RAY holders can stake tokens directly on the platform for additional rewards, enhancing passive income opportunities.[16][17]
Raydium's AcceleRaytor platform supports token launches for new blockchain projects, providing early investment opportunities for users.[20][21][22]
Governance
[edit]Raydium follows a decentralized governance model through the RAY token. Holders can vote on platform updates, new liquidity pools, and key protocol changes. Governance decisions are implemented based on community voting results.[23]
See also
[edit]References
[edit]- ^ https://www.coinbase.com/en-gb/learn/crypto-basics/what-is-a-dex
- ^ https://www.gemini.com/cryptopedia/amm-what-are-automated-market-makers#section-automated-market-makers-101
- ^ https://stakingfacilities.com/blog/serum-dex-what-is-srm
- ^ "Swap". Raydium. Retrieved 2024-12-11.
- ^ "What is Raydium? | RAY Crypto | Delphi Digital". members.delphidigital.io. Retrieved 2024-12-11.
- ^ "What is Raydium?". www.thebigwhale.io. Retrieved 2024-12-11.
- ^ https://iq.wiki/wiki/alpharay
- ^ "Raydium - Decentralized Finance | IQ.wiki". iq.wiki. Retrieved 2024-12-11.
- ^ a b Heyden, Nathan van der (2021-08-28). "DeFi Project Spotlight: Raydium, Solana's Top Automated Market Maker". Crypto Briefing. Retrieved 2024-12-11.
- ^ https://www.coingecko.com/en/coins/raydium
- ^ "Raydium Price: RAY Live Price Chart, Market Cap & News Today". CoinGecko. Retrieved 2024-12-11.
- ^ https://www.bitcoin.com/get-started/what-is-yield-farming/
- ^ https://www.coingecko.com/en/coins/raydium
- ^ "Passive Income and Yield Farming on Solana with Raydium". DappRadar. 2021-08-31. Retrieved 2024-12-11.
- ^ https://www.coinbase.com/en-gb/learn/crypto-basics/what-is-staking
- ^ "Raydium (RAY) Key Staking Insights". Staking Rewards. Retrieved 2024-12-11.
- ^ "Swap". Raydium. Retrieved 2024-12-11.
- ^ https://docs.raydium.io/raydium/ray_token/acceleraytor
- ^ "Raydium (RAY) | Tokenomics, Supply & Release Schedule". tokenomist.ai. Retrieved 2024-12-11.
- ^ "Raydium AcceleRaytor Recently Launched Projects by Chain Broker". chainbroker.io. Retrieved 2024-12-11.
- ^ "AcceleRaytor". v2.raydium.io. Retrieved 2024-12-11.
- ^ "AcceleRaytor by Raydium | Crypto Launchpads – Coinlaunch.space". coinlaunch.space. Retrieved 2024-12-11.
- ^ "What is Raydium? | RAY Crypto | Delphi Digital". members.delphidigital.io. Key Takeaways. Retrieved 2024-12-11.
External links
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