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Buy Raydium (RAY)

RAY

$2.87

24H Change
-2.10%
24H Volume
$20.7M
Global Rank
#166
Market Cap
$502M

Raydium Price

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About Raydium (RAY)

Raydium was developed for the Serum decentralized exchange (DEX) to function as an automated market maker (AMM) and liquidity provider. Unlike other AMMs, Raydium delivers on-chain liquidity to Serum’s central limit orderbook. The significance of this is that Raydium liquidity providers (LPs) have access to the whole order flow and liquidity of the exchange. 

The Raydium protocol, which was built on the Solana blockchain, will act as an entry point for projects that are seeking to expand to Solana and Serum. The developers hope that this will mean that Raydium and the RAY token will become an essential part of further development within the larger Raydium, Serum, and Solana ecosystem. 

The RAY token is a native utility token that is used for staking to earn rewards and for governance on protocol upgrades and decisions. 

Looking to buy or sell Raydium? Sign up to the Swyftx Cryptocurrency Exchange now and start trading today. 

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Raydium FAQs

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Where is the best place to buy Raydium?

The best place to buy Raydium is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Raydium and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.

How is the price of Raydium determined?

The price of Raydium is determined by the forces of supply and demand in the market. Similar to other assets, the price of Raydium is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Raydium are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy Raydium with credit card?

Swyftx does not allow you to directly buy Raydium with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy Raydium instantly.

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Period: Last 24 hours

RAY Buys and Sells

By number of orders

89% Buy
89%
Buys
11%
Sells

Period: Last 24 hours

This should not be used to make investment decisions.

Dislcaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.