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Dropzone raydium2/1/2024 This is more than we can say for many other AMMs with little liquidity, which can sometimes be frustrating. Access to Serum DEX order book: Raydium has access to liquidity on the entire Serum protocol, with a Total Value Locked(TVL) of $374.96 Million.In essence, they are in complete control of their trades, and there is no need for a middleman However, Raydium offers an intuitive trading interface that gives users the option to view trade charts, set limit orders, and have full access to their funds. Intuitive trading platform: DeFi protocols usually offer crude trading experiences that may be challenging to beginners.Thus, developers can launch their projects through Raydium and get integrated into the Solana and Serum protocols with little hassle. Scalability: Being launched on the Solana blockchain, Raydium also taps into the scalability that Solana offers.Fast transactions and low fees: This is an obvious advantage because Raydium is integrated with the Solana blockchain, which is one of the cheapest and fastest in the crypto world at the moment.Raydium is the perfect place for your yield farming and decentralized token swap on Solana, but it does much more than that.īelow are some of the features and things you can currently do on Raydium. Trading interface: For traders who want to be able to view TradingView charts, set limit orders and have more control over their trading.A central order book for ecosystem-wide liquidity: Raydium provides on-chain liquidity to the central limit order book of the Serum DEX, meaning that Raydium allows access to the order flow and liquidity of the entire Serum ecosystem.Faster and cheaper: Raydium leverages the efficiency of the Solana blockchain to achieve transactions magnitudes faster than Ethereum and gas fees which are a fraction of the cost.Additionally, with the majority of platforms running on Ethereum, transactions are slow and gas fees are high. Other AMM DEXs and DeFi protocols are only able to access liquidity within their own pools and have no access to a central order book. Top 7 DEX on Solana With Massive Potential on 2022 Outstanding featuresĪ significant difference between Raydium and other AMMs is that Raydium finds the best possible prices for token swaps by routing orders through either a liquidity provider or via the Serum order book Why is Raydium different? Raydium is an automated market maker (AMM) built on the Solana blockchain which leverages the central order book of the Serum decentralized exchange (DEX) to enable lightning-fast trades, shared liquidity and new features for earning yield.
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