Raydium is an automated market maker (AMM) platform built on Solana. Raydium has experienced rapid adoption due to bridging liquidity and order books with Serum, the leading decentralized exchange in the Solana ecosystem. Raydium's AMM provides liquidity on-chain to serum's order book. Its users have access to the entire Serum ecosystem, and vice versa.
By providing liquidity, users earn yield on staked digital assets while farming liquidity pools. Raydium's users can also swap and trade tokens, as well as participate in IDOs.