On February 6, according to SolanaFloor, Raydium Protocol spent $54 million to buy back 8.8 million RAY tokens in January through its programmatic repurchase program, setting a new record for monthly repurchase spending.
Raydium, Solana's decentralized crypto trading engine, launched derivatives contracts a few weeks ago, with daily trading volume exceeding $100 million. Such contracts allow cryptocurrency traders to speculate on price fluctuations without holding actual tokens. Currently, it is Solana's third most popular perpetual contract trading platform, behind the ecosystem's trading giants Jupiter and Drift. It is reported that Raydium's perpetual contract trading is supported by Orderly Network, an S...
According to Arkham, Ross Ulbricht or someone with access to his wallet caused significant losses when Raydium provided liquidity by incorrectly setting the initial price of the liquidity pool. Specifically, $1.50 million (5% of the total token supply) was immediately arbitraged by the MEV robot and dumped in the existing pool. This was followed by a loss of about $10.50 million (35% of the total token supply) in the second operation. It is reported that Ross Ulbricht received 50% of the ROSS (R...
On January 30, according to Arkham's monitoring, Ross Ulbricht or someone with access to his wallet caused significant losses due to incorrectly setting the initial price of the liquidity pool when Raydium provided liquidity. Specifically, $1.50 million (5% of the total token supply) was immediately arbitraged by the MEV robot and dumped in the existing pool. This was followed by a loss of about $10.50 million (35% of the total token supply) in the second operation. It is reported that Ross Ulbr...
On January 13, Solana Ecosystem DEX Raydium announced that it is now cheaper to create liquidity pools on Raydium's AMMv4, and the liquidity pool creation fee has decreased by 62.5% to 0.15 SOL.
According to official news, Solana Ecosystem Dex Raydium announced its integration with Orderly Network to launch a beta version of perpetual contract trading powered by Orderly's full-chain order book, making Raydium the first DEX in Solana Ecosystem to utilize Orderly perpetual contract liquidity solutions.
According to defillama data, Raydium's fee revenue surpassed Ethereum mainnet and Uniswap in the past 7 days, reaching 35.29 million US dollars.
According to official news, decentralized exchange Raydium announced on the X platform that its total trading volume exceeded $300 billion. Raydium also disclosed other relevant data, including: - Fees charged to liquidity providers are approximately $620 million; - Funds used for RAY repurchase payments are approximately $50 million.
Decentralized exchange Raydium has announced the launch of a new feature "Burn & Earn" that allows project teams to permanently lock in the liquidity of Centralized Liquidity Market Makers (CLMMs) while retaining a claim on transaction fees. The new feature is primarily for CLMM full-range positions. Once locked, liquidity providers will not be able to withdraw or manage positions for rebalancing. However, users can still view locked positions and receive fees and rewards on the portfolio page.
Raydium, a Solana-based automated market maker (AMM) platform, announced on the X platform that it now supports Blink creation for all assets, allowing users to create blockchain links for any token and start earning a 1% referral fee.