The Raydium exclusive

Welcome to a special edition of the Bonfida newsletter! This edition is solely written to focus on Raydium (RAY). This will be a deep dive into the bits and pieces of it and what makes it ready to disrupt everything you thought you knew about Automated Market Makers (AMM). Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Raydium has a first-mover advantage as an AMM within Serum and will be an integral part of bringing new and existing projects and protocols into the ecosystem. The protocol will act as a bridge for projects looking to expand to Solana and Serum, and in the process Raydium and the RAY token will become a foundation for enabling further development with partners, its own platform, and the ecosystem.