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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 alternate (DEX), PumpSwap.
The launch, introduced in a March 20 thread on X, comes exhausting 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 will even include on the spot migrations, zero migration charges and extra liquidity. The crew has teased upcoming creator income sharing as properly.
Just like standard DEXs resembling 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 current swimming pools whereas additionally having the ability to commerce all the tokens obtainable on PumpSwap.
why did we construct this?
from day 1, our objective was to create essentially the most frictionless setting for buying and selling cash
migrations have been a serious level of friction – they gradual a coin’s momentum and introduce pointless complexity for brand 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% payment, which aligns with business requirements. 0.20% can be distributed to liquidity suppliers, whereas 0.05% will go in the direction of the liquidity pool.
This payment distribution will change as soon as creator income sharing goes stay, the venture added.
PENGU, APT And Different Tokens Can Already Be Traded On PumpSwap
Pump.enjoyable additionally introduced that a number of standard 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 way more than memes
we’re proud to announce which you could now commerce choose tokens from our verified companions, a lot 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
Based on 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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