pump.Fun推出基於索拉納的本地dex泵送，以徹底改變令牌發射

經過數月的猜測和積累，領先的代幣發射台Pump.Fun宣布成功推出了Pumpswap，這是一位本地的基於Solana的本地人

The cryptocurrency market has seen its fair share of changes in recent months, especially within the memecoin sector. After months of speculation and buildup, leading token launchpad Pump.fun announced the successful launch of its native Solana-based decentralized exchange (DEX), named PumpSwap.

最近幾個月，加密貨幣市場已經看到了相當多的變化，尤其是在Memecoin行業內。經過數月的猜測和積累，領先的Token Launchpad Pump.Fun宣布成功推出了其本地索拉納分散交易所（DEX），名為PumpSwap。

The launch of PumpSwap comes at a crucial time for the token launchpad. In recent times, Pump.fun has faced financial difficulties as revenue began to decline, and the platform is planning to launch PumpSwap as part of a broader strategy to restructure its revenue stream and adapt to the changing market dynamics.

對於令牌發射台而言，Pumpswap的推出在關鍵時期。最近，隨著收入開始下降，Pump.Fun面臨財務困難，該平台計劃推出Pumpswap，這是重組其收入流並適應不斷變化的市場動態的更廣泛戰略的一部分。

What Is Happening?

怎麼了？

After a stellar 2024, which saw new avenues of revenue and partnerships, the token launchpad has seen a decline in revenue in recent months.

在獲得新的收入和合作夥伴關係途徑的2024年出色的2024年之後，近幾個月來，代幣發射台的收入下降。

According to DefiLlama, Pump.fun’s daily revenue has dropped from a high of 3,000 SOL in January to about 500 SOL in March. At January’s peak, the platform was generating an estimated $780,000 per day in revenue. However, by March, that figure had dropped to about $128,000.

根據Defillama的說法，Pump.Fun的每日收入從1月份的3,000舊金山下降到3月的大約500 SOL。在一月份的高峰期，該平台的收入估計為每天780,000美元。但是，到3月，這個數字已降至約128,000美元。

This decrease can be attributed to several factors, including the slowdown of the memecoin ecosystem and the occurrence of several scandals.

這種減少可以歸因於幾個因素，包括成長生態系統的放緩以及幾個醜聞的發生。

Recently, the LIBRA (लीब्रा) memecoin, which was launched by an unknown developer, was a subject of discussion among crypto enthusiasts. The token’s price dropped by 95% after it reached a $4.5 billion market cap, raising concerns about insider benefits.

最近，由一個不知名的開發人員發起的天秤座（लीबरर）是加密助人愛好者中討論的主題。代幣的價格達到45億美元的市值後，其價格下跌了95％，這引起了人們對內部福利的擔憂。

Reacting to the incident, Alon, the founder of the Blockchain service provider Pump.fun, stated that the project has no morals or ethics and that it’s a scam. He also noted that they are planning to take legal action.

區塊鏈服務提供商泵的創始人阿隆（Alon）表示，該項目沒有道德或道德，這是一個騙局。他還指出，他們正計劃採取法律行動。

After the incident, worries of insider trading spread and investor confidence was shaken. As a result, trading volumes dropped significantly.

事件發生後，內幕交易的憂慮和投資者的信心被動搖了。結果，交易量大幅下降。

According to Token Terminal, the monthly memecoin trading volume on all exchanges went down from about 206 billion in January to 99.5 billion in February.

根據Token Terminal的數據，所有交易所的每月Memecoin交易量從1月的約2060億美元下降到2月的995億。

Among the platforms that provide services for token launches on Solana, there is also fierce competition, especially from Raydium, which is preparing to launch its own memecoin launchpad called LaunchLab.

在為Solana上發布服務的服務的平台中，還有激烈的競爭，尤其是來自Raydium，Raydium準備推出自己的Memecoin Launchpad，稱為LaunchLab。

What Is Known About PumpSwap?

泵施加有什麼了解？

Pump.fun is launching PumpSwap V1 at a time when trading volumes are lagging and competition is heating up. Aiming for renewed growth in the token launch space, the service is focused on streamlining coin trading and improving the user experience.

Fump.Fun在交易量落後並且競爭正在加熱的時候推出泵種V1。為了在代幣發射領域重新增長，該服務側重於簡化硬幣交易和改善用戶體驗。

PumpSwap offers a new way of launching a token without the traditional step of creating a liquidity pool on Raydium. Instead, tokens will launch immediately after completing their bonding curve, enabling instant and free migrations. This will eliminate the prior 6 SOL migration fee to Pump.fun, which they noted was a major friction point for users.

Pumpswap提供了一種新的方式來推出代幣，而無需在Raydium上創建流動性池的傳統步驟。取而代之的是，令牌將在完成其粘結曲線後立即啟動，從而實現即時和自由遷移。這將消除先前的6 sol遷移費。

V1 of PumpSwap is an automated market maker (AMM), similar to Raydium V4 and Uniswap V2. On the platform, users can build and own liquidity pools, fund pools, and trade any tokens that are listed on the platform. It uses the same fee structure as other DEXs with a 0.25% fee per trade. From the 0.25%, 0.20% will go to liquidity providers and 0.05% will go to the protocol.

Pumpswap的V1是自動化的做市商（AMM），類似於Raydium V4和Uniswap V2。在平台上，用戶可以構建和擁有流動性池，資金池以及交易平台上列出的任何代幣。它使用與其他DEX相同的費用結構，每個交易的費用為0.25％。從0.25％開始，0.20％將用於流動性提供者，而0.05％將用於該協議。

Pump.fun also plans to introduce a creator revenue-sharing model in which protocol revenue will be split with coin creators. The revenue share model will incentivize quality projects and ensure the creator and the community are aligned.

Pump.Fun還計劃引入創建收入分享模型，其中協議收入將與硬幣創建者分開。收入共享模式將激勵優質項目，並確保創造者和社區保持一致。

Moreover, Pump.fun has prioritized security and has had nine independent audits from well-recognized security firms. In the long term, they also plan to open-source the PumpSwap Program to improve security and transparency.

此外，Pump.Fun優先考慮安全，並從公認的安全公司進行了九項獨立審核。從長遠來看，他們還計劃開放泵送計劃，以提高安全性和透明度。

Although Pump.fun started as a memecoin platform, the platform has diversified with time, now supporting all kinds of tokens. Along with Pudgy Penguins (PENGU), users can now trade tokens belonging to verified partners like Aptos (APT), Tron (TRX), cbBTC by Coinbase and USDe by Ethena.

儘管pump.fun最初是作為一個模因平台，但該平台隨著時間的流逝而多樣化，現在支持各種令牌。與矮胖的企鵝（Pengu）一起，用戶現在可以交易屬於驗證的合作夥伴，例如Aptos（APT），Tron（TRX），Coinbase和Ethena的USDE。

Last Thoughts

最後的想法

At the beginning of the year, the token launchpad was exploring various avenues to expand its revenue streams. Back in January, Pump.fun announced plans to introduce a subscription service.

在今年年初，令牌發射台正在探索各種途徑以擴大其收入來源。早在一月份，Pump.Fun宣布了計劃推出訂閱服務的計劃。

The service, which was named “Pump.fun Premium,” was designed to offer members exclusive benefits and priority access to new products and services from the token launchpad.

該服務被稱為“ Pump.Fun Premium”，旨在為成員提供獨家福利，並優先使用令牌發射台上的新產品和服務。

At the time, Alon said they were working on expanding their product suite and forging strategic partnerships to ensure sustained growth and introduce new revenue streams.

當時，阿隆說，他們正在努力擴大產品套件並建立戰略合作夥伴關係，以確保持續增長並引入新的收入來源。