Raydium is an automated market maker and liquidity provider built on Solana, designed to integrate with the Serum decentralized exchange. It offers on-chain liquidity to Serum's central limit orderbook, enabling liquidity providers to access its full order flow.

The protocol serves as a bridge for projects expanding to Solana and Serum, with the RAY token supporting ecosystem growth. By leveraging Solana's speed, Raydium aims to establish itself as a leading DeFi liquidity provider while fostering partnerships and community development.