Raydium Review
What is Raydium
Raydium is an automated market maker (AMM) built on the Solana blockchain which enables lightning-fast trades, permissionless pool creation, and new features for earning yield.Raydium was the first hybrid AMM. Other AMM DEXs and DeFi protocols could only access liquidity within their own pools and had no access to a central order book. Raydium’s novel AMM was able to share idle pool liquidity to central limit order books following the constant product formula. Raydium’s hybrid AMM pools are currently set to Swap Only, which means liquidity is not being shared to a third party.
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