Raydium 1-Day Trading Volume Hits $37.32 Million (RAY)

Raydium (RAY) traded 3.7% higher against the US dollar during the 1 day period ending at 15:00 PM Eastern on October 15th. During the last seven days, Raydium has traded 33.7% higher against the US dollar. One Raydium token can now be purchased for $2.11 or 0.00003152 BTC on major exchanges. Raydium has a total market cap of $555.78 million and $37.32 million worth of Raydium was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% 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 up 1.2% 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 8.5% against the dollar and now trades at $0.0457 or 0.00000068 BTC.
• P2P Solutions foundation (P2PS) traded down 1.8% against the dollar and now trades at $167.32 or 0.00250366 BTC.

About Raydium

Raydium’s genesis date was February 21st, 2021. Raydium’s total supply is 554,999,209 tokens and its circulating supply is 263,830,840 tokens. Raydium’s official Twitter account is @raydiumprotocol and its Facebook page is accessible here. Raydium’s official website is raydium.io/#.

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.”

Raydium Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Raydium directly using U.S. dollars. Investors seeking to trade Raydium should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Raydium using one of the aforementioned exchanges.

RAY/USD price chart by TradingView