{"id":53446,"date":"2025-03-21T09:42:41","date_gmt":"2025-03-21T09:42:41","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=53446"},"modified":"2025-03-21T09:42:41","modified_gmt":"2025-03-21T09:42:41","slug":"pump-fun-launches-pumpswap-on-solana-is-this-the-end-of-raydium-ray","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=53446","title":{"rendered":"Pump.fun Launches PumpSwap on Solana: Is This the End of Raydium (RAY)?"},"content":{"rendered":"

Without\u00a0 Pump.fun and meme coins, Solana would likely be lagging behind Ethereum and Tron. Then came meme coins like Bonk and BOME, and SOL prices turned the corner, rising from 2022 lows of around $8 to breaking all-time highs in January 2025<\/span>.<\/span><\/p>\n

Pump.fun and Rise Of Meme Coins On Solana<\/span><\/h2>\n

Pump.fun singlehandedly made Solana the go-to blockchain for launching meme coins. To launch an SPL token that can be swapped for SOL, for example, all you have to do is visit the Pump<\/span>.fun<\/span> homepage and choose a ticker name, a symbol, and a picture. <\/span><\/p>\n

In the next few steps, your meme coin will be live, and if lucky enough to gain traction\u2014say Elon Musk mentions your meme coin or it gets the attention of a developer\u2014you\u2019ll be set, even \u201cgraduate\u201d and get listed on Raydium.<\/span><\/p>\n

As more users launched meme coins on Solana via Pump<\/span>.fun<\/span>, the launchpad became the most profitable protocol on Solana. <\/span><\/p>\n

However, there was another effect: since tokens with over $69,000 in market cap graduated and listed on Raydium, the DEX also became one of the top-performing protocols, riding the wave and churning out millions of dollars in revenue as traders swapped, searching for the next best Solana meme coins to buy<\/a>.<\/span><\/p>\n

EXPLORE:\u00a0<\/span>10 Best AI Crypto Coins to Invest in 2025<\/span><\/a><\/strong><\/p>\n

Pump.fun Says PumpSwap Is Live<\/span><\/h2>\n

This period of high performance could be over for Raydium now that Pump.fun has announced they are launching their own DEX, dubbed PumpSwap. <\/span><\/p>\n

In a post on X, Pump<\/span>.fun<\/span> said PumpSwap will be a token-swapping portal powered by its <\/span>own<\/span> liquidity pools, placing it in direct competition with other DEXes, mainly Raydium, which has long been a hub for meme coin trading, benefiting from the Pump<\/span>.fun<\/span> boom.<\/span><\/p>\n

Introducing PumpSwap, Pump\u2019s new native DEX<\/p>\n

beginning NOW all coins that complete their bonding curve will migrate directly to PumpSwap<\/p>\n

PumpSwap enables
\u2013 instant migrations
\u2013 0 migration fees (down from 6 SOL)
\u2013 more liquidity
\u2013 creator revenue sharing (coming soon)<\/p>\n

& more pic.twitter.com\/T9BkmmaVVS<\/a><\/p>\n

\u2014 pump.fun (@pumpdotfun) March 20, 2025<\/a><\/p>\n\n

According to Pump<\/span>.fun<\/span> developers, the goal is to enhance user experience, and one way of doing so is to eliminate needless friction.<\/span><\/p>\n

Therefore, instead of tokens with at least $69,000 in market cap migrating and listing on Raydium, they will directly list on PumpSwap without any additional fee. Previously, migrating protocols had to pay a 6 SOL fee. All migrations will also be instant.<\/span><\/p>\n

As a way of incentivizing meme coin traders to switch to PumpSwap, developers said a percentage of their revenue will, in the coming days, be shared with coin creators. Swap fees will be set at 0.25%, with 0.20% distributed to liquidity providers and the remaining 0.05% going to the DEX.<\/span><\/p>\n

On X, the co-founder of Pump<\/span>.fun<\/span> said they <\/span>wanted<\/span><\/a> to \u201cget to the next level\u201d and are now \u201cruthlessly reducing barriers and points of friction.\u201d<\/span><\/p>\n

EXPLORE:\u00a0<\/span>10 Coins with High Returns: Crypto Forecast 2025<\/span><\/a><\/strong><\/p>\n

A Blow For Raydium?<\/span><\/h2>\n

Whether Raydium was a barrier to their success remains to be seen. What\u2019s clear is that the move is a massive blow for the popular Solana DEX.<\/span><\/p>\n

For months, Raydium has been synonymous with meme coin trading on Solana. In the process, RAY, the native governance token, became one of the best cryptos to buy<\/a>.\u00a0<\/span><\/p>\n

It is estimated that, on average, they <\/span>received<\/span><\/a> 36% of their trading volume from Pump.fun every month. <\/span><\/p>\n

By the close of 2024, Raydium made about $154 million in revenue, of which nearly half was from Pump<\/span>.fun<\/span>. Now that tokens won\u2019t be trading on its rails but on PumpSwap, it means Raydium will lose a big chunk of its trading volume and revenue.<\/span><\/p>\n

Hours after the announcement, RAY slid, losing<\/a> 11%, per Coingecko data.<\/span><\/p>\n\n

Will Raydium Stand Tall?<\/span><\/strong><\/h2>\n

All hope is, however, not lost.<\/span><\/p>\n

This week, Raydium <\/span>launched<\/span><\/a> LaunchLab, a launchpad that rivals Pump.fun but their intention is not to \u201csteal Pump<\/span>.fun<\/span> users.\u201d<\/span><\/p>\n

It features additions such as a flexible bonding curve and multi-token support, meaning it supports tokens beyond Solana.<\/span><\/p>\n

The launchpad also offers seamless liquidity integration that ensures the DEX remains competitive, even staving off competitors. <\/span><\/p>\n

According to Raydium, LaunchLab is \u201cfar more versatile\u201d and will integrate the DEX\u2019s LP locker for Fee Key NFTs. What this means is that it locks liquidity to secure swap fees forever.<\/span><\/p>\n

Beyond the launchpad, it may take time before PumpSwap picks up momentum. Already, Raydium is popular and has a broader user base. Per DeFiLlama<\/a>, it manages over $1.1 billion as of late March 2025. <\/span><\/p>\n

Raydium also serves other sectors, including DeFi, not just meme coins, which Pump.fun aims to capitalize on after launching PumpSwap.<\/span><\/p>\n

EXPLORE:\u00a0<\/span>Best New Cryptocurrencies to Invest in 2025<\/span><\/a><\/strong><\/p>\n

\n

Pump.fun Launches PumpSwap, The End of Raydium?<\/h3>\n

PumpSwap\u2019s Edge: Fee-free migrations and revenue sharing challenge Raydium\u2019s model <\/p>\n

Raydium\u2019s Risk: Losing Pump.fun\u2019s 36% trading volume could cut millions in revenue <\/p>\n

Raydium\u2019s Response: LaunchLab aims to retain users with flexible features and broad token support <\/p><\/div>\n

The post Pump.fun Launches PumpSwap on Solana: Is This the End of Raydium (RAY)?<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Without\u00a0 Pump.fun and meme coins, Solana would likely be lagging behind Ethereum and Tron. Then came meme coins like Bonk and BOME, and SOL prices turned the corner, rising from 2022 lows of around $8 to breaking all-time highs in January 2025. Pump.fun and Rise Of Meme Coins On Solana Pump.fun singlehandedly made Solana the […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-53446","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/53446"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53446"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/53446\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}