RAY token
Overview
RAY functions as the native utility token for Raydium, an automated market maker and liquidity provider operating on the Solana blockchain. The token serves purposes including governance voting, staking to receive a portion of protocol fees, and acting as a medium of exchange inside the Raydium ecosystem.
Within The Counterparty graph, RAY connects to 6 tracked entities, most strongly to Solana, Raydium, Raydium.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 6 of 6 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Solana | 95% |
supports_token | Raydium | 95% |
governed-by-token | Raydium | 95% |
issued_by | Raydium | 95% |
supports_token | Raydium AMM | 95% |
governs | Raydium | 90% |
Frequently asked questions
What is RAY?
RAY is a token tracked in The Counterparty knowledge graph. It is connected to 6 other tracked entities, most strongly to Solana, Raydium, Raydium.
What type of entity is RAY?
RAY is classified as a token (token) in The Counterparty knowledge graph.
What is RAY connected to?
In The Counterparty knowledge graph, RAY is linked to 6 other tracked entities, most strongly to Solana, Raydium, Raydium.