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Easily convert RAY to PENDLE with ConvertOnline's efficient tool.
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.
Pendle (PENDLE) is a decentralized finance (DeFi) protocol that enables users to tokenize their yield-generating assets. By separating the ownership of an asset from its yield, Pendle allows users to trade, leverage, and manage their yield in a more flexible manner.