What network does Raydium use?

Could you elaborate on the network utilized by Raydium? I'm particularly interested in understanding the technological backbone that powers this cryptocurrency platform. Is it a blockchain-based system? If so, which blockchain does it leverage? Does it have any unique characteristics or advantages compared to other popular networks? I'm also curious about the scalability and interoperability of this network, as well as its security measures and overall transaction speeds. Your insights would be greatly appreciated.