Raydium (RAY) 1-Day Volume Reaches $9.89 Million

Raydium (RAY) traded 4.1% lower against the U.S. dollar during the 24 hour period ending at 9:00 AM E.T. on September 6th. Over the last week, Raydium has traded 6.3% lower against the U.S. dollar. Raydium has a total market capitalization of $387.36 million and approximately $9.89 million worth of Raydium was traded on exchanges in the last 24 hours. One Raydium token can currently be purchased for about $1.47 or 0.00002615 BTC on major exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
  • MVP Coin (MVP) traded up 6.2% against the dollar and now trades at $0.0530 or 0.00000093 BTC.
  • 2G Carbon Coin (2GCC) traded 0.4% lower against the dollar and now trades at $0.0480 or 0.00000183 BTC.

Raydium Token Profile

Raydium was first traded on February 21st, 2021. Raydium’s total supply is 554,999,220 tokens and its circulating supply is 263,759,554 tokens. The official website for Raydium is raydium.io/#. Raydium’s official Twitter account is @raydiumprotocol and its Facebook page is accessible here.

According to CryptoCompare, “Raydium (RAY) is a distinctive automated market maker (AMM) built on the Solana blockchain. Unlike traditional AMMs, Raydium integrates with a central limit order book, ensuring faster, cost-efficient trades and shared liquidity. This unique architecture allows it to tap into the broader OpenBook ecosystem, enhancing liquidity and user experience. The platform was conceived by a pseudonymous team including figures like AlphaRay and XRay, who, motivated by the challenges in DeFi in 2020, launched Raydium in partnership with Serum in February 2021. The native token, $RAY, plays a central role in the ecosystem, facilitating trades, incentivizing user engagement, and supporting the AcceleRaytor initiative for new project launches.”

Buying and Selling Raydium

It is usually not presently possible to purchase alternative cryptocurrencies such as Raydium directly using US dollars. Investors seeking to trade Raydium should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Raydium using one of the exchanges listed above.

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