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A battle for the profitable meme coin market is heating up as Solana launchpad Pump.enjoyable takes on Raydium with the launch of its new decentralized trade (DEX), PumpSwap.
The launch, introduced in a March 20 thread on X, comes laborious on the heels of Raydium’s announcement that it’s launching a competing meme coin generator, LaunchLab.
Pump.enjoyable had beforehand used Raydium emigrate cash when their worth handed a sure threshold.
All Meme Cash That Full Their Bonding Curve On Pump.Enjoyable Will Migrate To PumpSwap
Meme cash created on the Pump.enjoyable launchpad that full their bonding curve will now migrate on to the native DEX, the announcement stated.
The brand new platform may also include on the spot migrations, zero migration charges and extra liquidity. The workforce has teased upcoming creator income sharing as nicely.
Just like fashionable DEXs comparable to Raydium V4 and Uniswap V2, PumpSwap will use a Fixed Product Automated Market Maker (AMM).
This may enable token creators to create their very own liquidity pool at no cost and add to present swimming pools whereas additionally having the ability to commerce all the tokens accessible on PumpSwap.
why did we construct this?
from day 1, our purpose was to create probably the most frictionless setting for buying and selling cash
migrations had been a significant level of friction – they gradual a coin’s momentum and introduce unnecessary complexity for brand spanking new customers
now, migrations occur immediately and at no cost
— pump.enjoyable (@pumpdotfun) March 20, 2025
Every commerce on the PumpSwap platform will include a 0.25% price, which aligns with business requirements. 0.20% might be distributed to liquidity suppliers, whereas 0.05% will go in direction of the liquidity pool.
This price distribution will change as soon as creator income sharing goes stay, the mission added.
PENGU, APT And Different Tokens Can Already Be Traded On PumpSwap
Pump.enjoyable additionally introduced that a number of fashionable tokens can already be traded on the brand new PumpSwap platform.
Cryptos together with Pudgy Penguins (PENGU), Aptos (APT), Jupiter (JUP), Wormhole (W), Sei (SEI) and LayerZero (ZRO) are already supported on the DEX.
PumpSwap permits you commerce far more than memes
we’re proud to announce you could now commerce choose tokens from our verified companions, lots of whom have bridged to Solana for the very first time!
big thanks to@pudgypenguins $PENGU @aptos $APT@trondao $TRON$cbBTC by…
— pump.enjoyable (@pumpdotfun) March 20, 2025
In keeping with Pump.enjoyable’s posts, some tasks have even migrated to the Solana community for the primary time to commerce on PumpSwap.
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