位於索拉納的令牌發行平台泵。FUN可能會推出自己的AMM

AMM是加密市場中的交換系統，通過使用通常（至少兩個令牌）的流動性庫來輕鬆進行交易。

Solana-based token issuance platform Pump.Fun might be launching its own automated market maker (AMM), a URL connected to the site shows. However, there has been no public announcement yet.

基於Solana的令牌發行平台泵。FUN可能會啟動自己的自動化做市商（AMM），該URL連接到網站顯示。但是，還沒有公開宣布。

An AMM is a type of decentralized exchange system in crypto markets that facilitates trading by utilizing a liquidity pool of usually, and at least, two tokens. Instead of matching buyers and sellers like a traditional exchange, smart contracts set the prices based on supply and demand and allow trades to be processed without a counterparty.

AMM是加密貨幣市場中一種分散的交換系統，它通過使用通常的流動性庫，至少是兩個令牌來促進交易。智能合約沒有像傳統的交易所那樣匹配買賣雙方，而是根據供需設定了價格，並允許在沒有交易對手的情況下處理交易。

The “amm.pump.fun” shows a swap product in the making with a sell and buy option alongside a deposit and withdrawal function. This is a first for Pump.Fun, which lets anyone issue a token for less than $2 in capital, after which they choose the number of tokens, theme, and meme picture to accompany it.

“ amm.pump.fun”在製造中顯示了掉期產品，並與存款和提款功能一起出售和購買期權。這是pump.fun的第一個，它使任何人都可以以不到2美元的資本發行代幣，然後他們選擇代幣，主題和模因圖片的數量來伴隨它。

When the market capitalization of any token reaches $69,000, a portion of liquidity is deposited to the Solana-based exchange Raydium and burned (or when tokens are taken out of supply permanently).

當任何代幣的市值達到69,000美元時，將一部分流動性存入了基於索拉納的交換雷迪姆並被燒毀（或者何時永久取出代幣）。

Pump.Fun’s own AMM would mean tokens are no longer migrated to Raydium, or at least that’s what the market thinks, dampening sentiment for the latter’s RAY tokens. RAY is down 25% in the past 24 hours on the apparent development.

pump.fun自己的AMM將意味著令牌不再遷移到Raydium，或者至少這就是市場的想法，從而抑制了後者的Ray令牌的情緒。在過去的24小時內，Ray在明顯的發展中下降了25％。

“It seems they are planning to have pump tokens graduate to their own pools instead of Raydium,” trader @trenchdiver101, who first flagged the development, said. “They can either extract more fees on Solana or have some mechanism to reward token holders.”

“看來，他們正計劃讓泵代幣畢業於自己的泳池，而不是雷迪恩，” Trader @trenchdiver101首先標記了這一開發項目。 “他們可以提取更多的索拉納費用，或者有一些機制來獎勵令牌持有人。”

While a portion of Raydium’s total trading activity is derived from Pump.Fun tokens, the exchange supports several other top markets — such as Solana (SOL) to stablecoins and others — contributing to its $500 million in average daily trading volumes.

雖然Raydium總交易活動的一部分來自泵。Fun代幣，但交易所支持其他幾個頂級市場（例如Solana（Sol）到Stablecoins和其他人），其平均每日交易量為5億美元。

As such, the product could further bump the revenues and profits of Pump.Fun, which has no token but is among the most profitable crypto applications in the past year — a rare feat in a market where businesses heavily rely on token sales to generate income.

因此，該產品可能會進一步增加泵的收入和利潤。 。

Pump.Fun has pocketed over $550 million in total fees since March 2024, data shows, with $2.4 billion in trading volumes over just the past two weeks. Over 8 million tokens have been issued on the platform since its 2024 launch, with a few, such as fartcoin (FART), reaching billions of dollars in market capitalization.

數據顯示，自2024年3月以來，Pump.Fun的總費用已超過5.5億美元，在過去的兩周中，交易量為24億美元。自2024年推出以來，該平台上已發行了超過800萬個令牌，其中一些（例如Fartcoin（Fart））達到了數十億美元的市值。