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Raydium (RAY) is a decentralized finance (DeFi) protocol built on the Solana blockchain that functions as an automated market maker (AMM) and liquidity provider for decentralized exchanges. It allows users to swap tokens, provide liquidity, and earn rewards through yield farming, leveraging the high throughput and low transaction fees of the Solana ecosystem.
Euler (EUL) is a decentralized finance (DeFi) protocol that focuses on providing users with a platform to lend, borrow, and trade various cryptocurrencies in a secure and efficient manner. By leveraging smart contracts on the blockchain, Euler aims to enhance financial accessibility and empower users to take control of their assets without the need for traditional financial intermediaries.