#Ray coin, also known as Raydium (RAY), is a cryptocurrency token built on the Solana blockchain. It's used for governance, staking, and earning trading fees on the Raydium platform, a decentralized finance (DeFi) protocol that operates as an automated market maker (AMM). Here are some key details about RAY:

*Key Features:*

-# *Governance*: #RAY token holders participate in decision-making processes, such as proposing and voting on protocol upgrades or changes.

- *Staking*: Users can stake #RAM让EOS再次伟大 tokens to earn rewards, including trading fees or additional tokens.

- *Liquidity Provision*: RAY tokens incentivize liquidity providers to contribute to the platform's liquidity pools ¹.

*Market Performance:*

- *Current Price*: $2.67-$2.92

- *Market Capitalization*: $715.54 million-$779.92 million

- *Circulating Supply*: 267,482,955 RAY

- *Maximum Supply*: 555,000,000 RAY

*Use Cases:*

- *#decentralized Exchange*: Raydium enables users to trade, swap, and provide liquidity directly on the blockchain.

- *Yield Farming*: Users can earn rewards by providing liquidity to selected pools.

- *Initial DEX Offerings (IDOs)*: Holding RAY tokens may grant users early access or eligibility to participate in token sales ¹ ² ³.#maubpk