GM Raydium Community! ☀️

Our very own InfraRay went on the Lightspeed podcast and had an hour long chat about the state of the market, the past months at Raydium, and more.

Feel free to tune in and give your feedback if you have ideas or opinions on the different topics discussed?

You can find the links for apple podcast, youtube, and else under this tweet:
https://x.com/Lightspeedpodhq/status/1823383866662383913

Hey, Raydium community!

Announcing the launch of new fee tiers on Raydium CLMM and CPMM Pools!

This update brings more flexibility and options for users. Let’s dive into the details!

CLMM Fee Tiers:
0.02% ?
0.03% ?
0.04% ?
2% ?

CPMM Fee Tiers:
1% ?
2% ?
4% ?

Why This Matters:

Flexibility: Choose the fee tier that aligns best with your strategy.

Yield Optimization: Maximize yield by selecting the most advantageous fee structure for a given pair

Optionality: More options mean more control over your liquidity provision.

tldr: These new tiers provide more granular control over your trading strategies and yield. Whether you’re an active LP or prefer a more passive approach, there’s a tier for you!

https://x.com/RaydiumProtocol/status/1819053525264973854

X (formerly Twitter)

Raydium (@RaydiumProtocol) on X

Announcing the launch of new fee tiers on Raydium CLMM and CPMM Pools! This update brings more flexibility and options for users. Let’s dive into the details!***👇*** ***🔵***CLMM Fee Tiers: 0.02% ***💧*** 0.03% ***🌊*** 0.04% ***💦*** 2% ***🌪️*** ***🔵***CPMM Fee Tiers: 1% ***🔄*** 2% ***🔁*** 4% ***🔃***

GM Raydium Community! ☀️

Auto-confirm by @phantom is now available on Raydium!?

Experience seamless trading with automatic transaction signing?

You can opt-in now in your Phantom wallet settings.

https://x.com/RaydiumProtocol/status/1802828609394192533

X (formerly Twitter)

Raydium (@RaydiumProtocol) on X

Auto-confirm by @phantom is now available on Raydium!***👏*** Experience seamless trading with automatic transaction signing***🔥*** You can opt-in now in your Phantom wallet settings Try it out at https://t.co/DB0JlqeWlL

GM Raydium community! ?

A long run-down thread was just dropped for Raydium over the last few months

TLDR:
- >275k pools created
- ~50% of Solana trade volume
- daily avg vol. >$1b
- ~30% of Solana organic vol.
- >11m RAY ($17m) buybacks
- pool creation fees -> Raydium validator
- new CPMM program
- ? V3 UI

https://x.com/RaydiumProtocol/status/1801320508350415191

GM Raydium community! ?
@BitgetWallet (twitter)
(formerly Bit Keep) is giving away #BWB points to their loyal RAY users! ?❤️

Eligibility*:
- Executed at least 1 swap on Raydium over the past 6 months
- Staking RAY

*Both conditions must be met to receive BWB points.

Check your BWB points here:
https://web3.bitget.com/bwb-airdrop

https://twitter.com/RaydiumProtocol/status/1775794391183179822

Bitget Wallet

BWB Airdrop — Claim Bitget Wallet's Official Token Now

Check and claim your airdrop now! New and existing Bitget Wallet users, along with active on-chain traders, are all eligible.

After 3 years of driving liquidity ecosystem-wide,

Raydium is officially the first AMM on Solana to reach the 100bn+$ total trading volume mark!

Cheers, and thank you to our community and partners for their continued support! ❤️?

Solana DeFi is happening!
Let's scale, let's accelerate!

https://twitter.com/RaydiumProtocol/status/1776852820731572442

X (formerly Twitter)

Raydium (@RaydiumProtocol) on X

After 3 years of driving liquidity ecosystem-wide, Raydium is officially the first AMM on Solana to reach the 100bn+$ total trading volume mark! Cheers, and thank you to our community and partners for their continued support! ***❤️******🫂*** Solana DeFi is happening!…

GM Raydiators! Small update here

The chads over at MadShield have completed auditing Raydium's new & improved AMM program ?

Written in Anchor, this program simplifies integration, enhances accessibility, supports Token-2022 assets, and removes market dependencies!

Earn rewards of up to $505,000 by spotting bugs with ImmuneFi https://immunefi.com/bounty/raydium/

Access the full Open-Source repo: https://github.com/raydium-io/raydium-cp-swap

Read the full audit report: https://github.com/raydium-io/raydium-docs/tree/master/audit/MadShield%20Q1%202024
The program has not been deployed on Mainnet, it is open for public review and bounty. Support for Token-2022 assets will come as V3 beta moves to the main domain

Immunefi

Raydium Bug Bounties | Immunefi | Immunefi

Find bugs and vulnerabilities on Raydium and get paid up to $505,000.

⚠️ Beware of Fake LP Token Burning Tools! ⚠️

Scam Website: solana.keyglowmax

Some tools have been brought to our attention by the community that claim to burn LP tokens.

However, it appears that the tool does NOT actually burn LP tokens but instead removes liquidity and steals the SOL or USDC in the LP!

The tool above is only one platform that the community has brought to our attention, there are likely others that exist so always do your research and potentially test with small amounts first!

Stay safe, verify sources, report suspicious activity!

Gm Everyone‼️

As you may remember, a couple of months ago pool creators brought the idea of making the Hybrid model (sharing liquidity with Openbook) an opt-in for Constant Product pools.
The rationale was to give the option to cut the rent cost paid during the OpenBook market creation process for projects that either won’t qualify for hybrid market-market or don’t want it. Iterating on the conversation, the building of a new CP program in the anchor and the design of a new pool creation fee to deter spamming and support Raydium infrastructure cost spun in December.

In light of December's intense spamming, and after all optimization paths for V2 have been exhausted, the decision was taken early January to roll out the pool creation fee before the new program to contain pool inflation and mitigate its impact on the UX. Accounting for the expected value of pool spamming, the fact that the spammer voided their market parameters to cut down the rent cost to 0.30 SOL, and the fluctuations of pool creation and sol price, the fee amount was set at 0.68 SOL (for CP pools only) - with the option to lower it at the new program launch.

While the new CP program was getting closer to a release, the audit is still on-going and V3 swap routing has to be further optimized for the amount of new pools.

In anticipation of the work left to do, and in appreciation of the shrinking of pool inflation, a first cut of the pool creation to 0.4 SOL will take effect today****.

Although the results show that the PC fee has hindered pool spammers' incentives and activity giving a breath to Raydium infrastructure while V3 is underway, a stellar number of 71,850 CP pools have been created since implementation (~6w).

The fee amount collected to date by the protocol stands at an astonishing 48,858 SOL. Funds are held in the protocol treasury on the squads multisig (7YttLkHDoNj9wyDur5pM1ejNaAvT9X4eqaYcHQqtj2G5) responsible for program updates, bug bounty, RPC payments, etc.

This amount surpasses all expectations and guarantees Raydium's sustainability and infrastructure costs for a while. This is very very exciting news for RAY holders and anyone with interest in Raydium’s future as it opens a lot of opportunities. ⚡️

A couple of great ideas have already spun in the different channels: distributing SOL to stakers, buying back RAY, building and staking to a Validator to generate additional revenues to earn SOL yield and grow the Usdc treasury. Please share your ideas in our discord

This Dragon year Raydium is gonna spit fire! ?

Gm everyone ‼️

Solana chain appears to be halted. Validators and ecosystem devs are investigating the incident and working on solving the situation.
Due to the halt, you won't be able to interact with Raydium smart contracts - or any other smart contract on Solana.

https://explorer.solana.com/
https://x.com/solanastatus/status/1754813351945789491?s=46&t=gyLw0hDMzd2Odl6N4Wttqg

X (formerly Twitter)

Solana Status (@SolanaStatus) on X

Engineers from across the ecosystem are investigating an outage on mainnet-beta. This thread will be updated as more information becomes available https://t.co/rfeioQ6BG9