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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.
Subsquid (SQD) is a blockchain-based cryptocurrency designed to facilitate efficient data indexing and retrieval for decentralized applications (dApps). By utilizing a unique architecture, Subsquid aims to provide developers with tools that simplify the process of building and managing complex data interactions on the blockchain.