Without pump.fun and even corners, Solana would probably be lagging behind compared to Ethereum and Tron. Then came coins like Bonk and Bome, and the soil prices turned the corner, going from 2022 lows of around $ 8 to break the peaks of all time in January 2025.
Pump.Fun and mounted meme pieces on Solana
Pump.fun alone made Solana the essential blockchain for the launch of memes pieces. To launch a SPL token that can be exchanged for floor, for example, all you have to do is visit the pump.amusing Home page and choose a Ticker name, a symbol and an image.
In the next steps, your automatic med will be live, and if it is quite lucky to gain traction – talk to Elon Musk mentions your meme piece where it attracts the attention of a developer – you will be paid, even “graduate” and will be listed on Raydium.
As more users have launched memes parts on Solana via Pump.amusingThe Launchpad has become the most profitable protocol in Solana.
However, there has been another effect: since the tokens with more than $ 69,000 in market capitalization have graduated and listed on Raydium, the DEX has also become one of the most efficient protocols, on the wave and the dissemination of millions of dollars of income for the purchase of income, looking for the next best pieces of meme Solana to buy.
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Pump.fun says Pumpswap is live
This period of high performance could be completed for Raydium now that Pump.fun has announced that they are launching their own dex, called Pumpswap.
In a post on x, pump.amusing Said Pompewap will be a token exchange exchange portal powered by its own Liquidity Pools, placing it in direct competition with other dexes, mainly Raydium, which has long been a hub for trading of coins, benefiting from the pump.amusing boom.
Presentation of Pumpswap, the new native dex of Pump
From now on all the parts that complete their liaison curve will migrate directly to Pumpswap
Pumpswap Active
– Instant migrations
– 0 migration costs (down 6 soil)
– More liquidity
– Sharing the creator’s income (coming soon)& more
pic.twitter.com/t9bkmmavs
– Pump.fun (@pumpdotfun) March 20, 2025
According to the pump.amusing Developers, the objective is to improve the user experience and a way of doing so is to eliminate unnecessary friction.
Consequently, instead of tokens with at least $ 69,000 in migrant market capitalization and registering Raydium, they will be directly listing on Pumpswap without additional costs. Previously, migrated protocols had to pay 6 soil costs. All migration will also be instantaneous.
As a means of encouraging traders of coins to go to Pumpswap, the developers said that a percentage of their income will be, in the coming days, to share with creators of parts. The exchange fees will be set at 0.25%, with 0.20% distributed to liquidity suppliers and the remaining 0.05% going to the DEX.
On X, the co-founder of Pump.amusing says they research “Going to the next level” and now reduces barriers and friction points ruthlessly. “”
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A blow for Raydium?
It remains to be seen if Raydium was an obstacle to their success. What is clear is that the movement is a massive blow for the popular Solana Dex.
For months, Raydium has been synonymous with memes mechanism on Solana. In the process, Ray, the indigenous governance token, has become one of the best cryptos to buy.
It is estimated that, on average, they received 36% of their pump trading volume. Fun each month.
At the end of 2024, Raydium carried out around $ 154 million in revenues, including almost half of Pump.amusing. Now that the tokens will not be negotiated on its rails, but on Pumpswap, it means that Raydium will lose a large part of its trading volume and its income.
A few hours after the announcement, Ray slipped, losing 11%, according to Coingecko data.
Will Raydium stay standing?
However, all hope is not lost.
This week, Raydium spear Launchlab, a launch that competes with Pump.fun but their intention is not to “steal the pump.amusing Users. “”
It offers additions such as a flexible link curve and a multi-token support, which means that it takes care of the tokens beyond Solana.
The Launchpad also offers transparent liquidity integration which guarantees that the DEX remains competitive, even sparkling competitors.
According to Raydium, Launchlab is “much more versatile” and will integrate the LP locker from the DEX for the NFT of fresh keys. This means that it locks liquidity to guarantee exchange costs forever.
Beyond the launchpad, he can take time before Pumpswap takes the momentum. Already, Raydium is popular and has a wider user base. According to Defilma, it manages more than $ 1.1 billion at the end of March 2025.
Raydium also serves other sectors, notably DEFI, not just parts even, on which Pump.fun aims to capitalize after the launch of Pumpswap.
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Pump.Fun Lance Pumpswap, the end of Raydium?
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Edge de Pumpswap: Migration at no cost and income sharing question the Raydium model
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Raydium risk: lose the pump. 36% fun trading volume could reduce millions of income
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Raydium response: Launchlab aims to retain users with flexible features and large tokens support
The PUMP.Fun Lance Pumpswap on Solana: Is it the end of Raydium (Ray)? appeared first on 99Bitcoins.
