根據與該網站相關的URL，總部位於Solana的令牌發行平台泵泵可能很快就會推出自己的自動化營銷商（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 appears to be preparing to launch its own automated market maker (AMM), a URL connected to the site shows.

基於Solana的令牌發行平台泵。FUN似乎正在準備啟動自己的自動化營銷商（AMM），該網站連接到該網站顯示。

An AMM is an exchange system in crypto markets that facilitates trading by utilizing a liquidity pool of usually at least two tokens.

AMM是加密市場中的交換系統，它通過使用通常至少兩個令牌的流動性庫來促進交易。

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.

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. That’s 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。”

Though a part of Raydium's total trading activity is derived from Pump.Fun tokens, the exchange supports several other top markets — such as Solana SOLUSD to stablecoins and others — contributing to its $500 million in average daily trading volumes.

儘管Raydium的總交易活動的一部分來自泵。Fun代幣，但該交易所支持其他幾個頂級市場（例如Solana Solusd to Stablecoins和其他），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。