What is Raydium?
RAY is the reward token for Raydium, an automated market maker (AMM) decentralized exchange (DEX) platform for Solana blockchain, leveraging the central order book of Serum decentralized exchange to enable faster trades and shared liquidity for enhanced yield generation. Raydium allows users to set limit orders, view TradingView charts, and access the order flow and liquidity of the entire Serum ecosystem while earning RAY tokens through yield farming or staking on Raydium DEX. New projects on Solana can apply to hold presales on the Raydium AcceleRaytor launchpad, choosing between lottery or quantity limited modes of distribution.