Raydium
RAY
$1.90

Sector

Defi

Exchange Debut

2021-02-27

Market Cap

498,616,991

Maxim Supply

555,000,000

Circulating Supply

262,952,942

Circ. Supply(%)

47.38%
raydium logo

Raydium

RAY

Price

$1.90

Market Cap

Sector

Exchange Debut

498,616,991
2021-02-27

Volume 24h

High 24h

Low 24h

7865013
1.91054816099
1.801966538058

Change 24h

Change 7d

Change 30d

5.1638
14.0846
21.5959

Maxim supply

Circulating supply

Circulating supply(%)

555,000,000
262,952,942
47.38%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Raydium cryptocurrency:

In the fundamental analysis of the Raydium cryptocurrency, the project surfaces as an automated market maker (AMM) built on the robust Solana blockchain. It employs a central order book to facilitate swift transactions, shared liquidity, and the introduction of innovative features aimed at achieving impressive yields.

Fundamental analysis of the Raydium cryptocurrency projects a final score of 5.24 out of a possible 10. This score insinuates the presence of certain risks and shortcomings associated with the project. Notably, the team and audit security aspects stand out as the weakest links, with disappointing scores of 1.6 and 4.2 respectively.

Nevertheless, when evaluating the product’s utility and practicality, the Raydium project scores a commendable 6.6 out of 10. This implies a satisfactory level of efficiency and functionality within the product. Additionally, the tokens within the ecosystem appear to possess some utility, achieving a score of 6 out of 10.

The team behind Raydium is its weakest aspect, scoring a meager 1.6 out of 10. This score indicates that the team may lack the necessary expertise to steer the project to greater heights or they may not be publicly known. However, on a positive note, the project appears to have a sufficient number of software developers, as shown by a score of 4 out of 10.

Fundamental analysis of the Raydium cryptocurrency – The final conclusion

From the fundamental analysis of the Raydium cryptocurrency, it is clear that the project has growth potential. However, significant improvements in audit security and team development are crucial. The product and its utility score decently, suggesting that the project could present value to potential investors. Therefore, investors should carefully consider these aspects and conduct a thorough risk assessment before deciding to invest in the project.

What is Raydium?

Raydium is an automated market maker (AMM) built on the Solana blockchain. Leverages a central limit order book to enable lightning-fast trades, shared liquidity and new features for earning yield.

Why is Raydium different?

Other AMM DEXs and DeFi protocols are only able to access liquidity within their own pools and have no access to a central order book. Additionally, many platforms run on other blockchains, such as Ethereum, where transactions are slower and gas fees are higher.

Faster and cheaper:

Raydium leverages the efficiency of the Solana blockchain to achieve transactions magnitudes faster than Ethereum and gas fees which are a fraction of the cost.

A central order book for ecosystem-wide liquidity:

Raydium provides on-chain liquidity to a central limit order book, meaning that Raydium allows access to 3rd party order flow and liquidity on the order book.

Trading interface:

For traders who want to be able to view TradingView charts, set limit orders and have more control over their trading.

What can I do on Raydium?
Raydium’s swap feature allows the quick exchange of two tokens within liquidity funds, while the DEX user interface also allows for more advanced trading functions, such as limit orders.

Raydium’s swap feature allows the quick exchange of two tokens within liquidity funds, while the DEX user interface also allows for more advanced trading functions, such as limit orders.

RAY is the native utility symbol used for:

  • Bet to Win Protocol Fees
  • Wager to receive IDO allocations
  • Government votes on protocol decisions
  • Where Can You Buy Raydium – RAY?

    RAY can be purchased on cryptocurrency exchanges such as Binance, Kraken, Raydium.

    All you need to do is create a  free account on any of these exchanges and start trading.

Fundamental analysis of the raydium cryptocurrency

Raydium - RAY performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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