Pump.fun launches DEX PumpSwap, directly competing with Raydium
The project announced the launch of PumpSwap - an internal DEX replacing Raydium as the main destination for memecoins on Solana. According to the announcement, tokens that have completed the "bonding curve" phase on Pump.fun will now transfer directly to PumpSwap instead of Raydium as before.
This move not only cuts dependence on Raydium but also provides a smoother trading experience for users. The platform emphasizes that PumpSwap operates similarly to Raydium V4 and Uniswap V2, with the goal of creating "the most frictionless trading environment for tokens."
Previously, moving tokens from Pump.fun to Raydium often caused delays and complications, hindering the growth momentum of memecoins. With PumpSwap, the process is instantaneous and free, completely eliminating the 6 SOL conversion fee that was previously applied.
To enhance competitiveness, PumpSwap plans to integrate a revenue-sharing feature with token creators. A portion of the revenue from the protocol will soon be distributed to coin creators.
Pump.fun has long become a familiar name in the Solana community thanks to its unique bonding curve model, allowing anyone to create memecoins with just a few clicks. Unlike traditional launchpad platforms, Pump.fun focuses on simplicity and speed, turning token issuance into an almost instantaneous experience.
