Pump.fun Launches its Own Decentralized Exchange
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Pump.fun has launched its own decentralized exchange (DEX) called PumpSwap, potentially replacing Raydium as the main trading platform for Solana memecoins.
Starting March 20, memecoins that successfully establish liquidity, or “bond,” on Pump.fun will transition directly to PumpSwap, according to a post on X by Pump.fun.
Previously, bonded tokens moved to Raydium, Solana’s leading DEX due to memecoin trading activity.
Pump.fun stated that PumpSwap operates similarly to Raydium V4 and Uniswap V2, aiming to provide a seamless trading experience. “Migrations were a major friction point, slowing a coin’s momentum and complicating things for new users,” Pump.fun noted, adding that now, migrations will occur instantly and at no cost.
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