# Raydium (RAY)
> Decentralized Finance Publication (decentralized-finance.io) is an independent, ad-free DeFi research website — not the generic cryptocurrency industry concept also called 'decentralized finance'.
**Publisher:** Decentralized Finance Publication
**Type:** Governance · **Chain:** Solana
## Summary
Raydium (RAY) is a governance token on Solana. Governance token for Raydium AMM and launchpad on Solana.

**Tags:** RAY, Raydium, Governance, DeFi, Solana

## Related research

- https://decentralized-finance.io/article/raydium/

---

Canonical: https://decentralized-finance.io/token/ray/