Today's Raydium CLMM program upgrade:
- Removed protocol_position account, reducing rent costs by ~0.0024 SOL (0.6$) per pool.
- Added support for custom allowlist (SuperState). Preparing to support custom block and allowlist functionality to enable the future of finance
/acc
Can't count how many times I heard analysts and podcasters say 'It's over for Raydium'.
Just keep building, the job is not done, the job is never done. After 4y, Raydium is not even at 30% of where we want it to be.
Focus.
small tldr for smoother brains like I:
1. Raydium is the most overlooked primitive on Solana.
2. Pump accounts for a decreasing share of Raydium volume.
3. The high school ain't closing. Many amazing currently building on top of Raydium.
S̶o̶l̶a̶n̶a̶ Raydium does more volume than most EVMs combined.
* the actual number is closer to $6.7bn/d, defillama filters some of the longtail volume.
Advice for Founders/BDs, if you want to negotiate a partnership:
1/ Don't come asking for 'a collaboration' and expect the other party to design it for you.
2/ Cut to the chase: ask for what you want.
3/ Back it up: provide data on why this deal is mutually beneficial.
so the innovation is that you are not charging 6 SOL, that there are no fees accrued to the LP, and that instead you are charging 5bps protocol fee in perpetuity.
greed job. I mean good job, truly revolutionary. keep pushing.
Only 2.5bps taker fees and 1$ flat withdrawal fee.
CEX like speed.
Already 70pairs listed. Up to 40x leverage.
Told ya cheaper, faster, meaner.
Gib a try at the beta and send me feedbacks :)
GM Radiators, BIG news!
Public Beta for Perpetual futures trading is now LIVE on Raydium, powered by @OrderlyNetwork 🚀
Raydium Perps offers Solana users gas-free trading and the lowest fees on over 70 pairs 😎
Check it out:
perps.raydium.io
More info below 👇
1/4
Random facts that will 🤯
Raydium total volume over 30d sits at 27,32bn and is currently superior to all the other Solana spot DEX combined.*
Raydium daily volume has been ~50%> Jup's for the last couple days.
*excludes the new CPMM program volume.
