7/12/2023 0 Comments Dropzone raydiumWhat makes Raydium different from other similar platforms? "Raydium is an automated market maker (AMM) built on the Solana blockchain that leverages the Decentralized Exchange (DEX) Serum central order book to enable lightning-fast trading, shared liquidity and new performance-gaining features. However, in its official documentation page or section, it is explained in more detail as follows: With next-tier liquidity potential and better frictionless performance ". “A path for the evolution of Swaps DeFi platforms at the speed of light. Raydium: A Pathway for DeFi Evolution What is the Raydium platform?ĭirectly on your Official website, the platform raydium is briefly described under the following message: 1.5 Current Raydium (RAY) Performance on CoinMarketCap. 1.1.1 What makes Raydium different from other similar platforms?.1 Raydium: A Pathway for DeFi Evolution.Also, it is the name of the native token QuickSwap (QUICK) of the mentioned platform ". Platform that, in turn, is one of the first and most relevant platforms for creating automated markets (Automated Market Makers / AMM) in the DeFi sector of the cryptocurrency industry. "QuickSwap is a cool Blockchain and DeFi project, based on a platform born from the fork of UniSwap. So that they can do it easily, in case they want to increase or reinforce their knowledge about it, at the end of reading this publication: We will leave for those interested, the links to some of our previous related posts with this type of projects or other topics. Furthermore, it is built on the Solana Blockchain, and that takes advantage of the central order book of the Serum Decentralized Exchange (DEX) to enable fast trading, shared liquidity and new features to gain performance.Īnd before delving into this present publication on one more topic in the field Blockchain and DeFi, more specifically about the platform «raydium», and its operation. Meanwhile, today we will talk about another interesting and similar call «raydium».īriefly, raydium It is a platform that works as a Automated Market Maker (Automated Market Makers / AMM). Both being platforms of automated market creation, but each one, with its peculiar and fabulous characteristics and differences. For example, a few days ago, we talked about Quick Swap, a platform born from the fork of UniSwap. When it comes to finding and exploring Blockchain and DeFi projects, the possibilities and alternatives are not only many, but they are also growing. What is Raydium and how does this platform work?
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