Raydium

About

Raydium operates as an automated market maker (AMM) and liquidity provider on the Solana blockchain, serving the Serum decentralized exchange (DEX). It distinguishes itself by integrating on-chain liquidity with a central limit order book. This integration means that liquidity providers on Raydium are effectively placing limit orders on Serum's order books, allowing them to participate in the broader Serum ecosystem's order flow and liquidity.