Raydium’s derivatives trading hits $100 million daily, revolutionizing the Solana ecosystem without spending a dime on marketing!
🚀 Raydium's Derivatives Trading Reaches $100 Million Daily! 🚀
Raydium, a leading platform within the Solana ecosystem, has hit an impressive milestone, with its derivatives trading volume surging to $100 million per day! 📈💥
In just a few weeks since its launch, Raydium has quickly become the third most popular perpetual contract trading platform on Solana, trailing only Jupiter and Drift. Even without any marketing budget allocated yet, the platform’s growth remains strong! 🌟
🔑 Key Takeaways:
No direct marketing, yet significant growth in trading volume.
Most users access through trading aggregators, which distribute orders across multiple venues.
Supported by the Orderly Network, enabling cross-blockchain trading, with Solana traders accounting for 25% of Orderly’s total volume.
As Raydium continues to rise in popularity, its impact on the crypto space is undeniable. 🌍
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