Solana Protocol Feature - Raydium
What Is Raydium?
Raydium is a decentralized AMM (automated market maker) on the Solana blockchain. It draws directly from the order book of Serum, Solana’s largest DEX (decentralized exchange), to run its swap system.
The Raydium Ecosystem⚗️
Thanks to Solana’s technical capabilities, the ecosystem built around the Raydium project offers a decentralized, liquid, and inexpensive trading experience. Raydium achieves this dynamic perfectly by combining Serum’s order books with their AMM protocol.
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Yield Farming
Raydium rewards liquidity providers with 0.03% of all transaction fees. Raydium issues a token that allows the percentage of the pool that each user owns to be traced.
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The AcceleRaytor
The AcceleRaytor feature has been added to the Raydium platform, serving as an outlet for new projects to further expand the Solana ecosystem. Thanks to this system, projects that collect initial liquidity and sufficient capital can easily complete their launch. AcceleRaytor adds all carefully selected token pre-markets to its platform to enable a fair and decentralized output.
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Raydium and the Solana Blockchain
As mentioned above, Raydium is built on the Solana blockchain, allowing it to interact seamlessly with other DApps in the Solana ecosystem. It benefits from the Serum decentralized exchange’s fast trading, shared liquidity, and other features. Raydium’s customizable user interface displays a graphic charter worthy of the best traditional exchange platforms, while embedding a module dedicated to Raydium. This allows limit or stop orders to be placed.