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Raydium is an automated market maker (AMM) and liquidity provider deployed on the Solana blockchain, designed for the Serum decentralized exchange (DEX). It benefits from being an early AMM within Serum and aims to play a key role in onboarding both new and existing projects and protocols to the ecosystem. The protocol is positioned as a link for teams that want to extend to Solana and Serum-supporting Raydium and the RAY token as core resources for further collaboration with partners, its own platform, and the broader ecosystem. Unlike other AMMs, Raydium delivers on-chain liquidity to a central limit order book, so Raydium LPs can tap into the full order flow and liquidity available on Serum.
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