The token for the Solana-based decentralized exchange (DEX) and automated market maker (AMM) Raydium dived on Feb. 24 amid ...
The new AMM is in internal testing and, if released, may change the dynamics of liquidity in the Solana ecosystem. At present ...
When the market capitalization of any token reaches $69,000, a portion of liquidity is deposited to the Solana-based exchange Raydium and burned (or when tokens are taken out of supply permanently).
Raydium’s (RAY) price plunged 31% after reports emerged that Pump.fun is testing its own AMM, raising concerns about Raydium’s future.