YOU have been sleeping on @RaydiumProtocol for too long so I've assembled the entire Raydium ecosystem. Here's the full breakdown (& how to participate in the $200k weekly raffle)🧵👇
1) Swaps • On Raydium, you can swap tokens easily while also viewing the token’s price chart right next to the swap interface.
2) Liquidity • Raydium offers a wide range of pairs for providing liquidity. You can see the APR for each, and some pairs also offer rewards in the form of $RAY tokens.
3) Portfolio • A fairly convenient portfolio section that allows you to view both your positions on the platform and your overall token balances.
4) Perps • There are many perpetual trading pairs available, and a big advantage is that some of them offer up to 100x leverage.
5) Staking • You can stake your $RAY tokens in the staking section, which you can find by clicking on "More".
6) Bridge (powered by @wormhole) • You can move your funds, for example, from ETH to SOL. This section is also accessible by clicking on "More".
7) LaunchLabs • LaunchLab is the @RaydiumProtocol memecoin launchpad platform where you can buy, sell, and create memecoins.
8) @bonk_fun • BonkFUN is a memecoin launchpad supported by Raydium. It quickly attracted liquidity and hype, producing multiple $10M+ market cap runners even during difficult market conditions. Supported by giants like @SolportTom @iamkadense
9) LaunchLab Incentive Program • Trade, earn, and win a share of 50,000 RAY every week with unclaimed rewards rolling over, the prize pool only gets bigger throughout the month. How to Participate: • Earn 1 raffle ticket daily just by trading • The more you trade, the better your odds Trader Leaderboard Incentives: • Top 1–50 wallets earn daily RAY rewards • Top 51–200 get raffle tickets for the weekly prize • Wallet score is based on pre-migrated volume • Wash trading is penalized Creator Incentives: • Token creators continue receiving daily RAY rewards • Reward parameters remain unchanged
10) My Thoughts Raydium has been around since the early days of @solana and has always been "in the trenches" both metaphorically and physically - Aiding builders in furthering on chain development - Giving back to market participants - Facilitating on-chain activity @RaydiumProtocol is @solana 💜
What is your favorite thing about @RaydiumProtocol?
Show original
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.