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RAY/USD: Convert Raydium (RAY) to United States Dollar (USD)

1 Raydium equals $1.74 United States Dollar

Raydium (RAY) is not tradable on Coinbase.

Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more

Last update: 7:41 PM, June 30, 2024

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Overview

About Raydium (RAY)

RAY is a Solana token that powers the Raydium network. Raydium is an Automated Market Maker (AMM), decentralized exchange (DEX) and a token launchpad platform hosted on the Solana blockchain. The RAY token offers users many uses, including earning protocol fees, staking and receiving allocations to token launch events.

Raydium is an automated market maker (AMM) and liquidity provider that operates on the Solana blockchain for the Serum decentralized exchange (DEX). It distinguishes itself from other AMMs by providing on-chain liquidity to a central limit order book. This means that funds deposited into Raydium are converted into limit orders that sit on Serum's order books. This unique approach allows Raydium liquidity providers to access all of Serum's order flow and existing liquidity. Raydium's native utility token, RAY, is used for staking to earn protocol fees, receiving IDO allocations, and voting on protocol decisions.

Raydium operates by converting funds deposited into it into limit orders that are placed on Serum's order books. This process allows Raydium to provide on-chain liquidity to a central limit order book, a feature that sets it apart from other automated market makers. The RAY token, which is the native utility token of Raydium, is used for various functions within the platform. These include staking to earn protocol fees, staking to receive IDO allocations, and participating in governance votes on protocol decisions.

Raydium aims to serve as a bridge between existing decentralized finance (DeFi) platforms and the Serum decentralized exchange. By providing on-chain liquidity to a central limit order book, it seeks to enhance the functionality and efficiency of the DeFi space. The RAY token, which is integral to the Raydium ecosystem, can be used for staking to earn protocol fees, receiving IDO allocations, and voting on protocol decisions. This makes it a versatile tool for users who wish to engage with the platform and benefit from its features.

Raydium was launched on February 21, 2021, with 555,000,000 tokens created at genesis. The project was spearheaded by AlphaRay, who leads overall strategy, operations, product direction, and business development for Raydium. AlphaRay, who has a background in algorithmic trading in commodities and market making and liquidity providing for cryptocurrency, assembled a team of experienced trading developers to create Raydium. Other key team members include XRay, Raydium's Chief of Technology and Dev Team leader, and GammaRay, who heads up marketing and communications.

How Raydium (RAY) and United States Dollar (USD) differ

Raydium (RAY) and the US Dollar (USD) are fundamentally different in their nature and functionality. Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain, aiming to bridge the gap between decentralized finance platforms and the Serum decentralized exchange. It operates by converting deposited funds into limit orders on Serum's order books, providing on-chain liquidity to a central limit order book. Its native utility token, RAY, is used for staking to earn protocol fees, receiving IDO allocations, and participating in governance votes. On the other hand, the US Dollar is a traditional fiat currency issued by the Federal Reserve, used for everyday transactions and as a global reserve currency. Unlike Raydium, it doesn't operate on a blockchain, doesn't have staking capabilities, and isn't used for governance votes. The value of USD is regulated by monetary policy and economic factors, while RAY's value is influenced by market dynamics within the cryptocurrency ecosystem.

Raydium Markets

Raydium is climbing this week.

The current price of Raydium is $1.74 per RAY. With a circulating supply of 262,940,171.541 RAY, it means that Raydium has a total market cap of $457,497,989.94. The amount of Raydium traded has risen by $3,328,417.67 in the last 24 hours, which is a 33.75% increase. Additionally, in the last day, $9,861,299.95 worth of RAY has been traded.

Market cap

$457.5M

Volume (24h)

$9.9M

Circulating supply

262.9M RAY

FAQ

How much is 1 Raydium in USD?

Right now, 1 Raydium is worth about $1.74.

How much RAY could I buy for 1 USD?

Based on the current rate, you could get 0.57 RAY for 1 USD.

How much has the price of Raydium changed?

Raydium price has been on the rise. Since yesterday, the exchange rate of Raydium has increased. Since last month, the exchange rate of Raydium has decreased. Since this time last year, the price of Raydium has increased.

How do I calculate or convert RAY to USD?

You can use our RAY to USD calculator at the top of this page to convert any amount of RAY to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 2.87 RAY. Inversely, 5 RAY will cost about 8.7 USD.

How can I buy 1 Raydium on Coinbase?

Raydium can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Raydium.

What are assets similar to Raydium that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to Raydium, including Audius, Centrifuge, and Threshold. For a more robust list of assets to explore, jump to the asset page dedicated to Raydium.

Conversion tables

The exchange rate of Raydium is increasing.

The current value of 1 RAY is $1.74 USD. In other words, to buy 5 Raydium, it would cost you $8.70 USD. Inversely, $1.00 USD would allow you to trade for 0.57 RAY while $50.00 USD would convert to 28.72 RAY, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 17.7%. Meanwhile, in the last 24 hours, the rate has changed by 6.81%, which means that the the highest exchange rate of 1 RAY to United States Dollar was 1.744343504444159 USD and the lowest 24 hour value was 1 RAY for 1.5993531885791066 USD. This time last month, the value of 1 RAY was $1.77 USD, which is a 1.7% increase from where it is now. Looking back a year, Raydium has changed by -$1.53 USD.

RAY to USD

Amount
Today at 7:41 pm
0.5 RAY
$0.87
1 RAY
$1.74
5 RAY
$8.70
10 RAY
$17.41
50 RAY
$87.04
100 RAY
$174.08
500 RAY
$870.42
1,000 RAY
$1,740.84

USD to RAY

Amount
Today at 7:41 pm
0.5 USD
0.29 RAY
1 USD
0.57 RAY
5 USD
2.87 RAY
10 USD
5.74 RAY
50 USD
28.72 RAY
100 USD
57.44 RAY
500 USD
287.22 RAY
1,000 USD
574.43 RAY

Today vs. 24 hours ago

Amount
Today at 7:41 pm
24 hours ago
24H Change
0.5 RAY
$0.87
$0.81
+6.81%
1 RAY
$1.74
$1.63
+6.81%
5 RAY
$8.70
$8.15
+6.81%
10 RAY
$17.41
$16.30
+6.81%
50 RAY
$87.04
$81.49
+6.81%
100 RAY
$174.08
$162.98
+6.81%
500 RAY
$870.42
$814.90
+6.81%
1,000 RAY
$1,740.84
$1,629.80
+6.81%

Today vs. 1 month ago

Amount
Today at 7:41 pm
1 months ago
1M Change
0.5 RAY
$0.87
$0.89
-1.70%
1 RAY
$1.74
$1.77
-1.70%
5 RAY
$8.70
$8.85
-1.70%
10 RAY
$17.41
$17.71
-1.70%
50 RAY
$87.04
$88.54
-1.70%
100 RAY
$174.08
$177.09
-1.70%
500 RAY
$870.42
$885.44
-1.70%
1,000 RAY
$1,740.84
$1,770.88
-1.70%

Today vs. 1 year ago

Amount
Today at 7:41 pm
1 year ago
1Y Change
0.5 RAY
$0.87
$0.11
+724.91%
1 RAY
$1.74
$0.21
+724.91%
5 RAY
$8.70
$1.06
+724.91%
10 RAY
$17.41
$2.11
+724.91%
50 RAY
$87.04
$10.55
+724.91%
100 RAY
$174.08
$21.10
+724.91%
500 RAY
$870.42
$105.52
+724.91%
1,000 RAY
$1,740.84
$211.03
+724.91%

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