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CoinDesk - by layer3.news
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2025-02-05 19:11:21
in reply to nevent1q…9kry

Raydium is Solana's AMM King. Can it Corner the Perps Market Next?


CoinDesk (nprofile…nhef)
✍️ Raydium, a decentralized crypto trading engine, is gaining traction in Solana's multibillion-dollar perpetuals market, with $100 million in daily trading volume.
👉 Raydium's perpetuals trading has reached $100 million in daily trading volume
👉 It's Solana's third most popular venue for trading perps, behind Jupiter and Drift
👉 The project's automated market maker setup has been a key factor in its success
👉 Raydium still faces challenges in building a stronger relationship with direct users, the traders

#InfraRAY #RanYi #Solana #technology
CoinDesk (nprofile…nhef)

The AMM's month-old perps service is already seeing $100 million in daily volume.
https://www.coindesk.com/business/2025/02/05/raydium-is-solana-s-amm-king-can-it-corner-the-perps-market-next

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