Raydium (RAY) has officially been listed on AscendEX, marking a significant step for the decentralized finance (DeFi) ecosystem. This addition allows users to trade, swap, and access Raydium's innovative features on one of the leading cryptocurrency exchanges.
What is Raydium (RAY)?
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain. Unlike traditional AMMs, Raydium integrates with Serum's central limit order book, offering users faster and more efficient trade execution. The platform enables token swaps, yield farming, and staking, making it a core component of the Solana-based DeFi network (official website).
What This Listing Means for Raydium
By listing RAY on AscendEX, the token gains exposure to a broader audience of traders and investors. AscendEX is known for providing seamless crypto trading services, and now users can buy, sell, and trade RAY with ease. This listing is expected to enhance RAY's liquidity and market presence.
Raydium’s Market Performance
As of the latest updates, Raydium (RAY) is trading at approximately $1.92, with a 24-hour trading volume of over $138 million (CoinMarketCap). The listing on AscendEX creates an opportunity to attract institutional and retail investors alike.
Why AscendEX?
AscendEX has built a reputation as a top-tier exchange offering advanced trading tools and liquidity solutions. By supporting Raydium, AscendEX aligns itself with the quickly expanding DeFi landscape and further bolsters Solana’s ecosystem.
Looking Ahead
With this new listing, Raydium is poised for increased adoption and integration into the broader crypto market. Investors and traders can now leverage AscendEX to access one of Solana’s most influential AMMs.
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