Raydium Usage Guide
Last updated
Last updated
Raydium is the first decentralized automated market maker (AMM) built on the Solana blockchain, designed for the Raydium DEX. The AMM platform allows users to trade, swap, and provide liquidity to earn returns in digital assets. The protocol utilizes Serum as its exchange system, gaining enhanced liquidity. Like all Solana-based protocols, Raydium leverages the speed and scalability of blockchain. For beginners, an automated market maker (AMM) is an index or protocol used in the digital market to determine the buying and selling prices of assets.
Open TokenPocket, tap the bottom "Discover" menu, and open Raydium in the "Popular DApps" section.
To use Raydium for the first time, click on the menu at the top right corner of the interface, and choose TokenPocket in the wallet connection interface.
After successfully connecting, the default interface is the Swap interface, which is not significantly different from the usual Swap operations. Simply choose the tokens to exchange, set the corresponding quantity, and click Swap. This will prompt the trading details interface and execute the signature.
Next to the Swap function is Liquidity, which is also a familiar feature and interface. Simply set the two types of tokens and their quantities that you want to add liquidity for, and then execute the deposit to receive LP tokens. The menu in the top left corner of the interface integrates and displays all the functions of Raydium, which are everyday DeFi functions. You can choose based on your preferences and usage habits.
For more details on Raydium usage, you can refer to the official documentation.
