Raydium
An on-chain order book AMM powering the evolution of DeFi

Raydium is a decentralized exchange (DEX) and automated market maker (AMM) built on the Solana blockchain. It combines an on-chain order book with liquidity pools to enable fast, low-cost token swaps and yield farming. The platform serves as a core piece of DeFi infrastructure on Solana.
Raydium uses an automated market maker model combined with an on-chain order book to facilitate token swaps and liquidity provision on Solana.
DeFi traders and liquidity providers on the Solana blockchain
Background.
- Status
- launched
- Business model
- free
Similar projects.
Editorial take on the space this project sits in — momentum signals, adjacent moves, our call on whether the wedge is real. Get pinged when we publish a new read or when the landscape shifts.
Have a take on this space?
Tell us what you’d build differently, where you think the incumbents miss, or what we’ve gotten wrong about this project. Comments + reactions are coming soon.