Raydium竞标了Solana的数十亿美元永久市场

分散的加密货币交易引擎Raydium正在竞标Solana的数十亿美元永久市场，并迅速获得了吸引力。

Decentralized crypto trading engine Raydium is making a bid for Solana's multibillion dollar perpetuals market – and gaining traction fast.

分散的加密货币交易引擎Raydium正在竞标Solana的数十亿美元永久市场，并迅速获得了吸引力。

Raydium's weeks-old foray into offering these hyper-popular derivatives contracts – they allow crypto traders to speculate on price swings without holding the actual token – is already racking up $100 million in daily trading volume.

Raydium数周大的尝试提供了这些超广泛的衍生品合同 - 它们允许加密货币交易者推测价格波动而无需持有实际令牌 - 已经在每日交易量中增加了1亿美元。

It's now Solana's third most popular venue for trading perps, behind Jupiter and Drift, this ecosystem's trading heavyweights. The growth comes despite Raydium perps' nascency; its builders haven't poured marketing capital on promoting a trading tool that's yet to officially launch.

现在，这是Solana的交易PERP的第三个最受欢迎的场所，仅次于木星和漂流，这是该生态系统的重量级交易。尽管Raydium perps的纳斯奇（Nascency），但增长仍在。它的建筑商并没有为促进尚未正式推出的交易工具而投入营销资本。

"Raydium brand still packs a punch," said InfraRAY, a core contributor to the project.

该项目的核心贡献者Infraray说：“ Raydium Brand仍然很受欢迎。”

The push caps Raydium's ascendence to the top of Solana's decentralized crypto trading landscape. Its automated market maker (AMM) setup, which enables anyone to spin up a trading pool of any asset, has been a difference-maker in Solana's memecoin era.

Push Caps Raydium的上升升至Solana分散的加密货币交易景观的顶部。它的自动化做市商（AMM）设置使任何人都可以旋转任何资产的交易池，一直是Solana Memecoin时代的差异。

And yet, most traders who use Raydium's swap rails never visit its website. Instead, they access its services through trading aggregators that split orders across multiple venues. This means potentially less activity for Raydium and, crucially, a weaker relationship with direct users, the traders.

但是，大多数使用Raydium's掉期铁路的交易者从未访问其网站。取而代之的是，他们通过交易汇总器访问其服务，这些汇总器将订单分配在多个场所中。这意味着与直接用户，交易者的关系较少的活动可能会更少。

In industry parlance, these traders are the "takers," the ones who execute a trade. Makers, meanwhile, are the ones providing liquidity, perhaps by funneling assets into Raydium's AMM.

在行业的说法中，这些交易者是“接受者”，是执行贸易的人。同时，可能是通过将资产汇入Raydium的AMM来提供流动性的制造商。

"Raydium has done well on the maker-side," said InfraRAY, "But greater network effects exist when you own the relationship with the taker."

Infraray说：“ Raydium在制造商方面做得很好，但是当您与Taker拥有关系时，会有更大的网络效应。”

Behind the scenes, Raydium's perps trading is being supported by Orderly Network, a trading project with roots outside the Solana ecosystem. Orderly allows perps traders working from multiple blockchains to trade assets on a unified order book. This provides smoother sailing for all orders.

在幕后，Raydium的PERPS交易得到了有序网络的支持，这是一个贸易项目，这是一个根源，其根源是Solana生态系统之外的。有序的允许从多个区块链工作的PERPS交易者在统一订单簿上交易资产。这为所有订单提供了更平稳的航行。

Orderly's month-old Raydium rollout is proving to be a major boon. Perps traders on Solana are now driving 25 percent of Orderly's total volume.

有序的一个月大的Raydium推出被证明是一个主要的福音。现在，索拉纳（Solana）的PERPS交易者正在占据有序总数的25％。

"We're trading anywhere from $200 to $400 million a day in volumes" across the couple dozen projects that offer Orderly-supported perps trading, said CEO Ran Yi.

首席执行官Ran Yi说：“我们每天的交易价格从200美元到4亿美元之间的交易量不等。

Facilitating trades via Orderly – in lieu of executing perps transactions on-chain, as many of Raydium's more entrenched competitors do – can save the protocol money and better ensure transactions process correctly, InfraRAY said. But it also comes with its own cross-chain complexities that he said are still being worked through.

Infraray说，通过有序的促进交易 - 代替雷迪安（Raydium）更根深蒂固的竞争对手的许多链上执行PERPS交易 - 可以节省协议货币，并更好地确保交易正确地处理。但这也带有他自己的跨链复杂性，他说仍在解决。

Next stop: full launch. In a few weeks Raydium's perps service will be ready for a proper debut and shake off the "public beta" training wheels. Once it does, the teams behind it plan to push harder on marketing and outreach.

下一站：完整发射。在几周内，Raydium的PERPS服务将准备好首次亮相，并摆脱“公共Beta”训练轮。一旦这样做，它背后的团队计划更加努力地进行营销和宣传。

Even at $100 million in daily volumes, Raydium's perps service is far from displacing the Solana DeFi ecosystem's top on-chain perps service, Jupiter. The best-known swaps aggregator's derivatives exchange sees nearly $2 billion in daily volume; the runner-up, Drift, sees double the volume of Raydium.

Raydium的PERPS服务即使是每日1亿美元的销量，也远远不能取代Solana Defi生态系统的顶级链上PERPS服务Jupiter。最著名的掉期聚合商的衍生工具交换的每日量近20亿美元。亚军，漂移，看到了射线的音量的两倍。

But InfraRAY is confident Raydium can chip away at the bigger protocols' respective leads. For one, its perps service offers trading in vastly more assets than either competitor. Orderly allows for speedy listings of new contracts, meaning Raydium can move fast to capture, and potentially corner, new markets.

但是，Infraray确信Raydium可以在更大的协议各自的潜在客户中消失。首先，其PERPS服务提供的交易比任何一个竞争对手都多得多。有序地允许快速列出新合同，这意味着Raydium可以快速移动以捕获，并可能成为新市场。

He thinks the total addressable market for Solana-based perps is only set to grow.

他认为，基于Solana的PERP的总可寻址市场只会增长。

"I expect there to be more competition and innovation. But currently Raydium has a seat at the 'table."

“我希望会有更多的竞争和创新。但是目前，雷迪恩在'桌子上都有一个席位。”