Raydium啟動LaunchLab令牌發射台，以恢復弱化的Solana生態系統

隨著Raydium推出一個名為LaunchLab的令牌發射台，Solana生態系統可能會繼續發展並發展。這一舉動預計此時將恢復弱化的溶解生態系統。

The Solana ecosystem may continue to advance and grow as Raydium launches a token launchpad called LaunchLab. This move is expected to maintain the weakening Solana ecosystem at this time.

隨著Raydium推出一個名為LaunchLab的令牌發射台，Solana生態系統可能會繼續發展並發展。此舉預計此時將保持衰弱的溶解生態系統。

Raydium strikes back at Pump.fun with LaunchLab

raydium罷工在pump.fun帶有啟動行

Raydium is developing a new platform, LaunchLab, to compete with pump.fun in the memecoin space. Although specific details have not been officially announced, the platform is expected to allow users to easily and quickly create and trade meme coins. Notably, this move by Raydium comes shortly after pump.fun revealed its plans to build its own exchange for meme coins originating from its platform. This suggests that the once-friendly relationship between Raydium and pump.fun may be coming to an end, as pump.fun seeks to expand its influence in the market and on the Solana blockchain.

Raydium正在開發一個新的平台LaunchLab，以與Memecoin空間中的Pump.Fun競爭。儘管尚未正式宣布具體細節，但該平台有望允許用戶輕鬆，快速地創建和交易模因硬幣。值得注意的是，Raydium的這一舉動是在Pump.Fun透露其計劃以源自其平台的模因硬幣的匯率的計劃。這表明Raydium和Pump.Fun之間曾經友好的關係可能即將結束，因為Pump.Fun試圖擴大其在市場和Solana區塊鏈上的影響。

However, Raydium is also expanding its services to meet the growing demand for meme coins within the crypto community. The development of a competing platform against pump.fun could foster greater competition in the memecoin space, driving innovation and providing users with more choices.

但是，Raydium還正在擴大其服務，以滿足加密貨幣社區內對模因硬幣的不斷增長的需求。針對Pump.Fun的競爭平台的開發可以在Memecoin領域促進更大的競爭，推動創新並為用戶提供更多選擇。

The tied friendship between pump.fun and Raydium is over!

泵。Fun和Raydium之間的並列友誼已經結束！

Pump.fun is a platform on Solana that allows users to easily create and launch memecoins (fun, trend-based tokens). When a meme coin on Pump.fun reaches a certain market cap (typically $69,000), it is automatically transferred to Raydium to create a liquidity pool and officially begin trading. Raydium is a leading decentralized exchange (DEX) and automated market maker (AMM) on Solana. This enables Pump.fun to leverage Raydium’s robust liquidity infrastructure. Meanwhile, Raydium benefits from the trading volume and fees generated by these new meme coin.

pump.Fun是Solana的一個平台，可讓用戶輕鬆地創建和啟動Memecoins（娛樂，基於趨勢的令牌）。當泵上的模因硬幣達到一定的市值（通常為69,000美元）時，它會自動轉移到Raydium，以創建一個流動性池並正式開始交易。 Raydium是Solana的領先分散交易所（DEX）和自動化做市商（AMM）。這使泵可以利用Raydium強大的流動性基礎設施。同時，Raydium受益於這些新模因硬幣產生的交易量和費用。

Source: SolanaFloor

資料來源：Solanafloor

However, this relationship isn’t entirely symbiotic. Raydium relies on Pump.fun as a source of memecoins to sustain active trading. The reason is the meme coin craze has significantly boosted revenue for both platforms. Conversely, Pump.fun initially needed Raydium to provide liquidity, but recent reports suggest that Pump.fun is developing its own AMM (tentatively called “amm.pump.fun”). If this comes to fruition, Pump.fun could reduce its dependence on Raydium, retaining liquidity and trading fees for itself instead of transferring tokens to Raydium as before.

但是，這種關係並不是完全共生的。 Raydium依靠Pump.Fun作為Memecoins的來源來維持積極的交易。原因是Meme Coin熱潮對兩個平台的收入都大大提高了收入。相反，pump.fun最初需要雷迪姆來提供流動性，但最近的報導表明，pump.fun正在開發自己的AMM（暫時稱為“ amm.pump.fun”）。如果這取得了成果，泵。Fun可以減少對雷迪的依賴，保留自身的流動性和交易費用，而不是像以前那樣將令牌轉移到Raydium。

Learn more: Pump.fun Revenue Declining – Is Liquidity Flowing to BNB Chain?

了解更多：泵。FUN收入下降 - 流動性流向BNB鏈嗎？

The golden age of pump.fun and Raydium

泵的黃金時代。

The partnership between Raydium and pump.fun on Solana was established in early 2024. This was one of the most successful “symbiotic” relationships in the history of the cryptocurrency industry and on Solana ecosystem. At the time, the memecoin craze generated massive trading volumes and significant revenue for both platforms. According to Blockworks, despite the memecoin sector declining significantly in February and March 2025, memecoins from pump.fun still accounted for 41% of the total swap fee revenue on the DEX. Raydium’s total revenue for 2024 reached an impressive $154 million. And of course, the growth of these two platforms also brings a massive influx of users to the Solana ecosystem, positioning Solana as a strong competitor to Ethereum at that time.

Raydium和Pump.Fun對Solana的合作關係成立於2024年初。這是加密貨幣行業和Solana生態系統歷史上最成功的“共生”關係之一。當時，Memecoin熱潮產生了大量的交易量和兩個平台的大量收入。根據Blockworks的說法，儘管Memecoin部門在2025年2月和3月的下降幅度大大下降，但Pump.Fun的Memecoins仍佔DEX總交換費收入的41％。 Raydium的2024年總收入達到了1.54億美元。當然，這兩個平台的增長還為Solana生態系統帶來了大量用戶的湧入，當時Solana將Solana定位為以太坊的強大競爭者。

Source: DefiLlama

資料來源：Defillama

During its peak from December 2024 to January 2025, pump.fun generated daily revenues of $3-5 million, with an ATH of $15 million per day when the community rushed to trade meme coins TRUMP and MELANIA. Similarly, Raydium also recorded its highest-ever revenue from fees during this period.

在2024年12月至2025年1月的高峰期間，pump.fun每天產生3-500萬美元的收入，當時社區急於交易模因硬幣特朗普和梅拉尼亞，每天1500萬美元。同樣，Raydium還記錄了此期間費用的最高收入。

With the growing competition between Raydium and Pump.fun, many are excitedly anticipating what’s coming next. More importantly, this rivalry is drawing even more users into the Solana ecosystem. Previously, this Layer 1 blockchain benefited greatly from the memecoin wave in 2024, especially with the launch of Pump.fun and Raydium. As a result, Solana is set to further strengthen its position and continue its growth.

隨著Raydium和Pump.fun之間的競爭日益增長，許多人興奮地期待接下來會發生什麼。更重要的是，這種競爭正在吸引更多用戶進入Solana生態系統。以前，該第1層區塊鏈從2024年的Memecoin波中受益匪淺，尤其是隨著泵的推出。結果，索拉納（Solana）將進一步加強其位置並繼續增長。