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Easily convert RAY to SPYON 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.
The SPDR S&P 500 Tokenized ETF (Ondo) (SPYon) is a digital representation of the SPDR S&P 500 ETF Trust, one of the most widely traded exchange-traded funds (ETFs) in the world. Designed to provide investors with exposure to the S&P 500 index, this tokenized version allows for seamless trading and ownership on blockchain platforms.