“Pump.fun Memp.Fun has announced the launch of its own decentralized exchange (DEX) Pumpswap on Solana, refusing to work with Raydium. INTRODUKING PUMPSWAP, PUMP’S NATION DEX BEGINNING NOW All Coins That Complete Their Bonding Curve Will Migrate Directly to Pumpswap Pumpswap Enables – Instant MIMS – 0 MIGRATIONS – MIGRATIONS – MIGRATIONS Liquidity – Creator Revenue Sharing (Coming Soon) & […]”, – WRITE: Businessua.com.ua
Pump.fun Memp.Fun has announced the launch of its own decentralized exchange (DEX) Pumpswap on Solana, refusing to work with Raydium.
Introducking Pumpswap, Pump’s New Native Dex
beginning Now All Coins That Complete Their Bonding Curve Will Migrate Directly to Pumpswap
Pumpswap enables
– Instant migrations
– 0 Migration Fees (Down from 6 Sol)
– More Liquidity
– Creator Revenue Sharing (Coming Soon)& More 👇 pic.twitter.com/t9bkmmavvs
– Pump.fun (@pumpdotfun) March 20, 2025
It happened against the background of exacerbation of competition between platforms for trading “ridiculous coins” in the Solana ecosystem.
Now meme dining, which borrow liquidity through Pump.Fun, are automatically placed on Pumpswap. Previously, the coins were migrating on Raydium.
The Mem-Ditches Factory stated that the new Dex “works similarly to Raydium V4 and Uniswap V2”, focusing on simplification of trading for users.
According to the company’s statement, the previous model of migration “created inconvenience, slowed the dynamics of new projects and scared off newcomers.” Now the tokens are moved instantly and without commissions.
The Pumpswap release coincided with the Raydium announcement of its own platform for launching meme koins called Launchlab, which is focused on competition with Pump.Fun.
🔥 Breaking: Raydium to Launch It Own Version of Pumpdotfun Called “Launchlab”. pic.twitter.com/53n9qslpss
– Cointelegraph (@cointelegraph) March 18, 2025
The confrontation between the two players can significantly change the picture of Defi on Solana in the face of falling volumes of trade “ridiculous coins”, which has been observed since January.
“We welcome competition because users eventually win,” said one of Pump.Fun Alon in an interview with Cointelegraph.
The Mem-Ditches Factory also plans to introduce monetization for the creators of “ridiculous assets”-one of the popular functions of the competing protocol Gofundmeme. In the future, the platform will begin to share part of the income with the teams of such projects.
If the innovation is successful, “millions of dollars will go to the authors with their communities and stimulate better launches,” Pump.fun stressed.
Recall that in March, the GMCI meme meme meme fell fell 90% of the peak marks of December.
The gun
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