Raydium Price
ray
Market Statistics
RAY Live Price Summary
As of 23 نوفمبر 2024, the global cryptocurrency market cap is $1.74B with a -1.92% change in the last 24 hours. Today's price of RAY is $5.96, with a 24-hour trading volume of $--. RAY is -1.61% in the last 24 hours, with a circulating supply of 290.93M RAY coins and a maximum supply of 555.00M RAY coins. RAY ranks 71 by market cap. It has a 24H high of $6.16 recorded on 23 نوفمبر 2024, and its 24H low so far is $5.93, recorded on 23 نوفمبر 2024.
What Is the Highest Price of RAY?
RAY has an all-time high (ATH) of $16.83 , recorded on 12 سبتمبر 2021.
What Is the Lowest Price of RAY?
RAY has an all-time low (ATL) of $0.134391, recorded on 29 ديسمبر 2022.
About Raydium (RAY)
What Is Raydium (RAY)?
Raydium (RAY) is an automated market maker (AMM) platform on the Solana (SOL) blockchain. It leverages the order book trading system of another Solana-based DeFi protocol, Serum (SRM), and provides on-chain liquidity to it. This connects the order flow and liquidity of Raydium and Serum, giving users access to both DeFi protocols.
Thanks to its access to Serum’s ecosystem, Raydium is a platform that can offer both of the dominant crypto trading models — AMM and order book. Raydium isn’t simply a DEX for token swaps. It’s a comprehensive DeFi platform, with a complete set of popular services — swaps, liquidity pools, yield farms, staking and even an NFT marketplace. Raydium’s NFT marketplace was launched in partnership with Magic Eden, the largest Solana-based NFT platform. Items listed on Magic Eden are cross-listed on the Raydium NFT marketplace.
Raydium’s native crypto token is RAY. It’s based on SPL, Solana’s default standard for fungible cryptocurrencies.
Raydium Price
The RAY token launched at slightly above $7 on February 21, 2021. During its initial two months on the market, its price fluctuated between $5 and $12. In early May 2021, RAY rose to its first significant price peak of $15.21.
This was followed by a few weeks of drastic losses, and by late July RAY’s price had dropped as low as $2.52. Yet from this point on, RAY experienced its highest growth spurt, reaching its historical pinnacle of $16.83 on September 12, 2021. The token’s performance after that has been characterized by a long-term downtrend lasting over a year.
By January 2022, RAY’s value had declined below $5 level, and in May 2022 its price dove below the psychologically critical level of $1. Raydium’s price has continued trending downward in the last few months of 2022 and is currently trading just under $0.20..
What Is RAY Used For?
The RAY token is used for staking, liquidity provision and governance. You can stake it on Raydium to earn more RAY in rewards. It may also be used across Raydium’s many swap pools and farms to provide liquidity, and to earn yields.
RAY token holders can participate in the platform’s governance by voting on change proposals.
Raydium Tokenomics
RAY is a supply-capped token, with maximum and total supplies set at 555 million and a circulating supply of just under 160 million. Its supply allocation shares are as follows:
34% — Mining reserve
30% — Partnership and ecosystem
20% — Team
8% — Liquidity
6% — Community and seed funding
2% — Advisors
Who Is the Founder of Raydium?
The real-world identities of the founder and team members of Raydium remain unknown. The founder of the project uses the online nickname AlphaRay, preferring not to reveal his identity.
Read more: What Is Raydium (RAY)? The Only Guide You Need
How to Store RAY
RAY is an SPL standard token. The main wallets that support RAY include Solflare, Sollet, Torus Wallet and WalletConnect. You may also use some other popular wallets like Phantom, Trust Wallet and Ledger to store your RAY tokens.
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