{"id":18420,"date":"2025-03-21T10:01:48","date_gmt":"2025-03-21T10:01:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18420"},"modified":"2025-03-21T10:01:48","modified_gmt":"2025-03-21T10:01:48","slug":"pump-fun-launches-pumpswap-on-solana-is-this-the-end-of-raydium-ray","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18420","title":{"rendered":"Pump.fun Launches PumpSwap on Solana: Is This the End of Raydium (RAY)?"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">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 data-preserver-spaces=\"true\">.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Pump.fun and Rise Of Meme Coins On Solana<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">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><span data-preserver-spaces=\"true\">.fun<\/span><span data-preserver-spaces=\"true\"> homepage and choose a ticker name, a symbol, and a picture. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">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<p><span data-preserver-spaces=\"true\">As more users launched meme coins on Solana via Pump<\/span><span data-preserver-spaces=\"true\">.fun<\/span><span data-preserver-spaces=\"true\">, the launchpad became the most profitable protocol on Solana. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">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 <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-solana-meme-coins\/\" target=\"_blank\" rel=\"noopener\">best Solana meme coins to buy<\/a>.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-ai-crypto-coins\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">10 Best AI Crypto Coins to Invest in 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Pump.fun Says PumpSwap Is Live<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">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<p><span data-preserver-spaces=\"true\">In a post on X, Pump<\/span><span data-preserver-spaces=\"true\">.fun<\/span><span data-preserver-spaces=\"true\"> said PumpSwap will be a token-swapping portal powered by its <\/span><span data-preserver-spaces=\"true\">own<\/span><span data-preserver-spaces=\"true\"> 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><span data-preserver-spaces=\"true\">.fun<\/span><span data-preserver-spaces=\"true\"> boom.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Introducing PumpSwap, Pump\u2019s new native DEX<\/p>\n<p>beginning NOW all coins that complete their bonding curve will migrate directly to PumpSwap<\/p>\n<p>PumpSwap enables<br \/>\u2013 instant migrations<br \/>\u2013 0 migration fees (down from 6 SOL)<br \/>\u2013 more liquidity<br \/>\u2013 creator revenue sharing (coming soon)<\/p>\n<p>&amp; more <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f447.png\" alt=\"\ud83d\udc47\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/T9BkmmaVVS\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/T9BkmmaVVS<\/a><\/p>\n<p>\u2014 pump.fun (@pumpdotfun) <a href=\"https:\/\/twitter.com\/pumpdotfun\/status\/1902762309950292010?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">March 20, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">According to Pump<\/span><span data-preserver-spaces=\"true\">.fun<\/span><span data-preserver-spaces=\"true\"> developers, the goal is to enhance user experience, and one way of doing so is to eliminate needless friction.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">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<p><span data-preserver-spaces=\"true\">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<p><span data-preserver-spaces=\"true\">On X, the co-founder of Pump<\/span><span data-preserver-spaces=\"true\">.fun<\/span><span data-preserver-spaces=\"true\"> said they <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/a1lon9\/status\/1902763529666507181\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">wanted<\/span><\/a><span data-preserver-spaces=\"true\"> to \u201cget to the next level\u201d and are now \u201cruthlessly reducing barriers and points of friction.\u201d<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/analysis\/crypto-forecast-best-crypto\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">10 Coins with High Returns: Crypto Forecast 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\"> A Blow For Raydium?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">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<p><span data-preserver-spaces=\"true\">For months, Raydium has been synonymous with meme coin trading on Solana. In the process, RAY, the native governance token, became one of the <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"noopener\">best cryptos to buy<\/a>.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It is estimated that, on average, they <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/blockworks.co\/news\/pumpdotfun-ditching-raydium-rumor\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">received<\/span><\/a><span data-preserver-spaces=\"true\"> 36% of their trading volume from Pump.fun every month. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">By the close of 2024, Raydium made about $154 million in revenue, of which nearly half was from Pump<\/span><span data-preserver-spaces=\"true\">.fun<\/span><span data-preserver-spaces=\"true\">. 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<p><span data-preserver-spaces=\"true\">Hours after the announcement, RAY slid, <a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/en\/coins\/raydium\" target=\"_blank\" rel=\"noopener nofollow\">losing<\/a> 11%, per Coingecko data.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/www.tradingview.com\/x\/ssfJJoGY\/\" alt=\"Pump.fun is launching PumpSwap. It competes directly with Raydium by offering fee-free, instant token migrations and creator revenue sharing\" width=\"1499\" height=\"859\"><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Will Raydium Stand Tall?<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">All hope is, however, not lost.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This week, Raydium <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/0xINFRA\/status\/1902174023787880833\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">launched<\/span><\/a><span data-preserver-spaces=\"true\"> LaunchLab, a launchpad that rivals Pump.fun but their intention is not to \u201csteal Pump<\/span><span data-preserver-spaces=\"true\">.fun<\/span><span data-preserver-spaces=\"true\"> users.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It features additions such as a flexible bonding curve and multi-token support, meaning it supports tokens beyond Solana.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The launchpad also offers seamless liquidity integration that ensures the DEX remains competitive, even staving off competitors. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">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<p><span data-preserver-spaces=\"true\">Beyond the launchpad, it may take time before PumpSwap picks up momentum. Already, Raydium is popular and has a broader user base. Per <a class=\"general-link\" href=\"https:\/\/defillama.com\/protocol\/raydium\" target=\"_blank\" rel=\"noopener nofollow\">DeFiLlama<\/a>, it manages over $1.1 billion as of late March 2025. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Raydium also serves other sectors, including DeFi, not just meme coins, which Pump.fun aims to capitalize on after launching PumpSwap.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Best New Cryptocurrencies to Invest in 2025<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Pump.fun Launches PumpSwap, The End of Raydium?<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         PumpSwap\u2019s Edge: Fee-free migrations and revenue sharing challenge Raydium\u2019s model     <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Raydium\u2019s Risk: Losing Pump.fun\u2019s 36% trading volume could cut millions in revenue     <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Raydium\u2019s Response: LaunchLab aims to retain users with flexible features and broad token support     <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/pump-fun-launches-pumpswap-on-solana-is-this-the-end-of-raydium-ray\/\">Pump.fun Launches PumpSwap on Solana: Is This the End of Raydium (RAY)?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-18420","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18420"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18420\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}