What is raydium protocol?

Raydium is an Automated Market Maker (AMM) and liquidity provider built on the Solana blockchain for the Serum Decentralized Exchange (DEX) . Raydium has first-mover advantage as an AMM within Serum and it will be an integral part of bringing new and existing projects and protocols into the ecosystem.

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Does Orca use serum?

Orca has 3 main featuress, which are: Swap: Orca allows market participants to swap tokens using its own pool. It does not use Serum as a source of liquidity . … Currently, liquidity providers in Orca’s pools earn trading fees.

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How do raydium liquidity pools work?

Liquidity pool explanation: These tokens represent a proportional share of the pooled assets, allowing a user to reclaim their funds at any point . Every time a user swaps between $RAY and $USDC, a 0.25% fee is taken on the trade. 0.22% of that trade goes back to the LP pool. 0.03% of that goes to RAY staking.

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Is raydium a Binance?

Binance Will List Mina (MINA) and Raydium (RAY) in the Innovation Zone . Fellow Binancians, Binance will list Mina (MINA) and Raydium (RAY) in the Innovation Zone and will open trading for MINA/BTC, MINA/BNB, MINA/BUSD, MINA/USDT, RAY/BNB, RAY/BUSD and RAY/USDT trading pairs at 2021-08-10 06:00 AM (UTC).

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