# Raydium

> Raydium is an on-chain order book AMM powering the evolution of DeFi.

Raydium is an AMM and liquidity provider built on the Solana blockchain.

Raydium is an on-chain order book AMM on Solana that enables lightning-fast trades, shared liquidity, and new features for earning yield. It allows users to swap tokens, provide liquidity to pools, farm yield by staking LP tokens, and participate in AcceleRaytor token launches. It provides a central order book for ecosystem-wide liquidity, meaning that Raydium allows access to third-party order flow and liquidity on the order book.

- Type: Protocol
- Sector: Finance
- Status: Active
- Founded: 2021-02-01
- Profile: https://thegrid.id/profiles/Raydium

## Products

- [Raydium V3 UI](https://thegrid.id/profiles/Raydium): Raydium is an AMM built on the Solana blockchain which leverages a central limit order book to enable trades, shared liquidity and new features for earning yield. (Trading Terminal, Live)
- [Raydium V2 UI](https://thegrid.id/profiles/Raydium): Raydium V2, now replaced by Raydium V3, offered token swaps, yield farming, liquidity provision, a Solana launchpad, and AMM order book integration. (Trading Terminal, Inactive/Support Ended)
- [The Raydium Protocol](https://thegrid.id/profiles/Raydium): The Raydium AMM is an on-chain smart contract based on the “constant product” in a permissionless and decentralized manner built on the Solana blockchain. And it also shares its liquidity according to the Fibonacci sequence in the form of limit orders on OpenBook, the primary central limit order book (CLOB) of Solana (Decentralised Exchange, Live, Main Product)
- [LaunchLab](https://thegrid.id/profiles/Raydium): A permissionless token issuance platform for creating and launching tokens on Solana. Offers linear, exponential, and logarithmic bonding curves for asset pricing, supports multiple quote tokens, and allows third-party UIs to set custom fees. (Launch Pad, Live)

## Assets

- [Raydium (RAY)](https://thegrid.id/profiles/Raydium): RAY is the governance token of Raydium, an automated market maker on Solana. It is used for staking to earn protocol fees, securing allocations for initial DEX offerings, and participating in governance decisions. The protocol integrates with OpenBook's central limit order book, allowing liquidity providers to serve both AMM swaps and traditional order book trades simultaneously from a single position. (Governance)

## Links

- [Blog](https://raydium.medium.com)
- [Documentation](https://docs.raydium.io)
- [Main](https://raydium.io)
- [Discord](https://discord.gg/raydium)
- [Telegram](https://t.me/raydiumprotocol)
- [Twitter / X](https://x.com/Raydium)

## Legal

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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

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- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP