What is Raydium (RAY)

Raydium or RAY is an Automated Market Maker on the Solana blockchain network. It is mainly a liquid provider for the DEX Serum. Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (RAY/USDT – Trade it here) on our innovation Zone, check it out now!

What is Raydium (RAY)
What is Raydium (RAY)

How Does Radium Work?

Like Sushi, Radium can add assets to a liquidity pool. The liquidity pool’s assets will become a limit order. Meanwhile, all users can trade against it on the Serum openbook. Furthermore, it is running in Solana. Meaning, it allows much faster transactions, significantly lower fees, and increased scalability.

Radium as an AMM allows permissionless crypto trading towards liquidity pools. When users provide liquidity to radium, they will receive RAY as a reward. Then, users can stake the tokens to earn even more rewards.

What is AcceleRaytor?

Simply speaking, AcceleRaytor is a launchpad. It is a fundraising platform that helps launch new projects on the Solana Ecosystem. Furthermore, they raise capital and provide tools to efficiently build projects.

Is Raydium (RAY) a Good Investment?

RAY promising project on the Solana blockchain It is relatively new with the potential to go far. At the moment, it is best to keep track of their process and make plans for long-term investments. Furthermore, it is crucial for users to prepare a proper exit strategy before investing. It is also important to consult your financial adviser for any investment plans. This is not financial advice.

Where to buy RAY

You can find RAY here at MEXC! We are listing RAY/USDT in our innovation zone!

What is the Price of RAY Tokens?

DUX is currently trading at $0.2235 per unit. It has a market cap of $39,187,573 and a fully diluted market cap of $123,855,199. It also has a 24-hour trading volume of $4,523,903. You can check the live price of their token right here!

How to buy RAY Tokens

You can buy RAY Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “RAY” using the search bar to see the available trading pairs. Take RAY/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of RAY you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy RAY] to confirm your order. You will find the purchased RAY in your Spot Wallet.

You can find a detailed guide on how to buy RAY Tokens here.

Keep Yourself Updated With The Crypto Trend

Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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