Raydium — The Heart of Solana is Available on DePocket’s Dashboard Now
Decentralized Finance (DeFi) has exploded over the last few years. Most of the big projects in DeFi are becoming more appealing to users such as borrow/lending, DEXs, oracles, etc. However, this has resulted in a lot of issues: High gas fees, Low speed, or Security.
Now the Raydium decentralized platform is trying to solve the obstacles mentioned above in order to bring crypto closer to the world and to gain the goal of being massively adopted.
What is the Raydium Defi Platform?
“An avenue for the evolution of Defi”
Raydium Dex is an automated market maker (AMM) Dex built on the Solana blockchain which applies the data gate linking Raydium liquidity pool to the central order book of Serum decentralized exchange (DEX) to enable lightning-fast trade, shared liquidity, and new features for earning yield. The Serum’s central order book is the place where all transactions are implemented.
With a solid foundation, Raydium Dex offers some key advantages:
Faster & Cheaper: This advantage is based on the power of Solana with its high throughput.
A central order book for Serum’s ecosystem-wide liquidity: Unlike the other original AMM platforms, Raydium’s AMM provides the liquidity straightforwardly connecting to Serum’s central order book, meaning that Raydium’s users can get access to the order flow and liquidity pool of the entire Serum ecosystem, and vice versa. This would therefore help the liquidity on Raydium significantly increase.
Composability : All dApps on the Solana chain can integrate with each other easily so as for strengthening the entire ecosystem.
DePocket & Raydium support Raydium users to improve the process of digital asset management.
As Depocket has the mission to bring “All Defi in your pocket” as well as helps users manage their crypto possessions on all dApps easily, the collaboration of DePocket dApp and Raydium Dex is an excited news.
Raydium crypto-investors who not only hold their Raydium tokens but also the other coins in the other protocols such as Ethereum, Binance Smart Chain, Near, and Solana, will deploy the all-inclusive DePocket Platform to simplify their financial arrangement procedures.
In other words, DePocket will assist Raydium users to optimally manage and effortlessly track their crypto assets across all Defi platforms by applying only DePocket dApp. In addition, the Depocket Defi application allows you to add more wallets that you want to manage and view in real-time.
Try our demo wallet here: https://app.depocket.com/addresses/HNSwrKQtEt8yk4J3SE7Vg4Kh3VqzrjfcZZZPG35kjAH4
Make your smart decisions, let DePocket help to manage your assets.