Solana Protocol Feature: Raydium
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
What is Raydium?
Raydium is an automated market maker (AMM) built on the Solana blockchain which leverages the central order book of the Serum decentralized exchange (DEX) to enable lightning-fast trades, shared liquidity and new features for earning yield.
What’s in this dashboard?
This dashboard shows important protocol metrics both daily and in the past 24 hours. These include the total value locked (TVL) per pool, swap frequency, number of active wallets (users), and transaction success rate.
Observations
- SOL-USDC is the largest liquidity pool with a TVL of $46M as of July 13.
- SOL-USDC is also the most frequently used pool by swappers, followed by GMT-USDC and SLND-USDC.
- SOL-USDC also has the highest number of active users (wallets), followed by DUST-SOL and SOL-USDT.
- The number of active wallets swapping through Raydium has been decreasing.
- Raydium’s transaction success rate is hovering between 15% to 50% per day, which is quite low.