According to Bitget
market data, RAY broke through $2.76, with a 24-hour increase of 54%, and is now quoted at $2.2926.
Raydium (RAY) is an automated market maker (AMM) and liquidity provider on the
Solana blockchain for Serum decentralized exchange (DEX). Unlike any other AMM, Raydium provides on-chain liquidity for central limit order books, which means that funds deposited into Raydium will be converted into limit orders on the Serum order book.