Raydium is a significant player in the decentralized finance landscape, offering numerous features on the Solana blockchain.
Who Created Raydium?
The development team behind Raydium is known by their pseudonyms. AlphaRay oversees strategy and business development, coming from an algorithmic trading background. XRay is responsible for technology, while GammaRay, StingRay, and RayZor focus on marketing, trading, and security.
Key Features of Raydium
Raydium combines AMM functions with a centralized order book, allowing access to a deeper liquidity pool through integration with Serum. Leveraging Solana's infrastructure, Raydium benefits from fast transactions and low costs.
How Does Raydium (RAY) Work?
Raydium integrates its AMM with Serum’s order book, enabling a more efficient decentralized trading experience. Users provide liquidity, which is then converted into limit orders on the Serum book.
Raydium offers a powerful solution for decentralized trading, leveraging integration with Serum and Solana's network for high speed and low costs.
