Dear Community,
CoinDCX will list Raydium (RAY) on the Spot Market and open trading for RAY/BNB, RAY/USDT and RAY/BUSD market pairs at 06:00 PM (IST) on August 30, 2021.
What is Raydium (RAY)?
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks. This gives Raydium LPs access to all of Serum’s order flow as well as their existing liquidity.
Project Website: Raydium.io
Gentle reminder: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. CoinDCX will provide its best efforts to choose high-quality cryptocurrencies, but will not be responsible for your trading losses.
Keep trading with India’s largest and safest cryptocurrency exchange!
Regards,
Team CoinDCX
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