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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.
Walrus (WAL) is a decentralized cryptocurrency designed for fast, secure, and low-cost transactions. It aims to facilitate peer-to-peer exchanges and empower users by providing them with full control over their assets without the need for intermediaries.