Raydium (RAY) is an automated market maker token and a liquidity provider that provides lightning-fast trades, total liquidity and new features for making a profit.

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Raydium

For those who may not be aware, @RaydiumProtocol recently reduced their tick size to allow for much tighter ranges.

Their tick size has been reduced by 10x which means their old "one tick" can now be made in smaller increments of a tenth.

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Default tick spacing on 0.01% fee tier concentrated pools has been reduced from 10 to 1. This allows for more concentrated and capital efficient positions, especially for stable-asset pools.

RAY rewards have shifted to the new pools below:
mSOL-SOL
stSOL-SOL
mSOL-stSOL
USDC-USDT

Default tick spacing on 0. 01% fee tier concentrated pools has been reduced from 10 to 1.