Coinbase Logo

Language and region

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more

Convert and Swap Raydium RAY to United States Dollar USD

RAY/USD: 1 Raydium equals $5.64 USD

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: 7:20 AM, November 10, 2024

Refresh

Raydium market latest

Buy Raydium with Coinbase Wallet

Download Coinbase Wallet to buy and sell Raydium on the most secure crypto exchange.

Raydium is climbing this week.

The current price of Raydium is $5.64 per RAY. With a circulating supply of 263,852,932.898 RAY, it means that Raydium has a total market cap of $1,492,361,773.41. The amount of Raydium traded has risen by $63,111,579.11 in the last 24 hours, which is a 20.10% increase. Additionally, in the last day, $314,053,015.76 worth of RAY has been traded.

$1.5B
$314.1M
263.9M RAY

Buy Raydium with Coinbase Wallet

Create a Coinbase account to buy and sell Raydium on the most secure crypto exchange.

About Raydium

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 and United States Dollar 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.

Buy Raydium with Coinbase Wallet

Create a Coinbase account to buy and sell Raydium on the most secure crypto exchange.

RAY to United States Dollar conversion tables

The exchange rate of Raydium is decreasing.

The current value of 1 RAY is $5.64 USD. In other words, to buy 5 Raydium, it would cost you $28.22 USD. Inversely, $1.00 USD would allow you to trade for 0.18 RAY while $50.00 USD would convert to 8.86 RAY, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 61.47%. Meanwhile, in the last 24 hours, the rate has changed by 1.19%, which means that the the highest exchange rate of 1 RAY to United States Dollar was $6.00 USD and the lowest 24 hour value was 1 RAY for $5.18 USD. This time last month, the value of 1 RAY was $1.62 USD, which is a 257.28% decrease from where it is now. Looking back a year, Raydium has changed by $0.41 USD.

RAY to USD performance history

Price 24H ago
Change 24H
Price 1W ago
Change 1W
Price 1M ago
Change 1M
Price 1Y ago
Change 1Y
$5.72 USD
-1.19%
$3.50 USD
61.47%
$1.62 USD
257.28%
$0.41 USD
1,269.72%

RAY to USD

Amount
Today at 7:20 am
0.5 RAY
$2.82
1 RAY
$5.64
5 RAY
$28.22
10 RAY
$56.44
50 RAY
$282.22
100 RAY
$564.43
500 RAY
$2,822.16
1,000 RAY
$5,644.32

USD to RAY

Amount
Today at 7:20 am
0.5 USD
0.0886 RAY
1 USD
0.18 RAY
5 USD
0.89 RAY
10 USD
1.77 RAY
50 USD
8.86 RAY
100 USD
17.72 RAY
500 USD
88.58 RAY
1,000 USD
177.17 RAY

Today vs. 24 hours ago

Amount
Today at 7:20 am
24 hours ago
24H Change
0.5 RAY
$2.82
$2.82
+0.09%
1 RAY
$5.64
$5.64
+0.09%
5 RAY
$28.22
$28.20
+0.09%
10 RAY
$56.44
$56.39
+0.09%
50 RAY
$282.22
$281.95
+0.09%
100 RAY
$564.43
$563.91
+0.09%
500 RAY
$2,822.16
$2,819.54
+0.09%
1,000 RAY
$5,644.32
$5,639.08
+0.09%

Today vs. 1 month ago

Amount
Today at 7:20 am
1 months ago
1M Change
0.5 RAY
$2.82
$0.81
+250.17%
1 RAY
$5.64
$1.61
+250.17%
5 RAY
$28.22
$8.06
+250.17%
10 RAY
$56.44
$16.12
+250.17%
50 RAY
$282.22
$80.59
+250.17%
100 RAY
$564.43
$161.19
+250.17%
500 RAY
$2,822.16
$805.94
+250.17%
1,000 RAY
$5,644.32
$1,611.88
+250.17%

Today vs. 1 year ago

Amount
Today at 7:20 am
1 year ago
1Y Change
0.5 RAY
$2.82
$0.21
+1,266.09%
1 RAY
$5.64
$0.41
+1,266.09%
5 RAY
$28.22
$2.07
+1,266.09%
10 RAY
$56.44
$4.13
+1,266.09%
50 RAY
$282.22
$20.66
+1,266.09%
100 RAY
$564.43
$41.32
+1,266.09%
500 RAY
$2,822.16
$206.59
+1,266.09%
1,000 RAY
$5,644.32
$413.17
+1,266.09%

Buy Raydium with Coinbase Wallet

Create a Coinbase account to buy and sell Raydium on the most secure crypto exchange.

Start your crypto portfolio today

Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.