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Stacks (STX) is a cryptocurrency designed to bring smart contracts and decentralized applications to Bitcoin. It operates as a layer-1 blockchain that enables developers to build on Bitcoin's security while leveraging its existing ecosystem, effectively enhancing Bitcoin's functionality without altering its core protocol.
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.