Pump.fun introduces its native DEX PumpSwap

#Pumpfun unveiled a swaps service powered by the protocol's liquidity pools, #PumpSwap , to compete with #Solana 's automated market makers (AMMs) that facilitate on-chain token trades. PumpSwap enables instant migrations with zero migration fees, increased liquidity, and upcoming creator revenue sharing.

Each trade on PumpSwap incurs a 0.25% fee, in line with similar products. Initially, fees will be distributed as follows: 0.20% to liquidity providers and 0.05% to the protocol. Once Creator Revenue Sharing is live, the distribution will be adjusted.

👉 x.com/pumpdotfun/status/1902762309950292010