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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.
Hyperliquid (HYPE) is a next-generation cryptocurrency designed for high-speed transactions and decentralized finance applications. It aims to provide users with a seamless trading experience through advanced liquidity protocols and low transaction fees, enabling efficient asset management and trading in the digital economy.