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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.
Moonbeam (GLMR) is a decentralized smart contract platform that is designed to facilitate the compatibility of Ethereum-based applications on the Polkadot network. It provides developers with an easy and accessible environment to build and deploy decentralized applications (dApps) while leveraging the scalability and interoperability features of the Polkadot ecosystem.