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Raydium is an order-book AMM on the Solana blockchain.

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Raydium is an automated market maker (AMM) built on the Solana blockchain that leverages the central order book of the Serum decentralized exchange (DEX) to enable lightning-fast trades, shared liquidity, and new features for earning yield. Other AMM DEXs and DeFi protocols are only able to access liquidity within their own pools and have no access to a central order book.

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