標題：Raydium啟動LaunchLab，泵。

Raydium推出了LaunchLab，這是一種具有獨特價格功能的泵。

Raydium has launched LaunchLab, a platform for creating and launching tokens, which is similar to Pump.fun and has sparked discussion among members of the crypto community.

Raydium推出了LaunchLab，這是一個用於創建和啟動代幣的平台，類似於pump.fun，並引發了加密社區成員之間的討論。

Raydium (RAY) has announced the launch of LaunchLab, a platform designed for teams to easily create and launch their tokens. This offering is comparable to Pump.fun, a popular Solana launchpad known for its memecoins.

Raydium（Ray）宣布推出LaunchLab，該平台為團隊而設計，可輕鬆創建和啟動其令牌。此產品可與Pump.Fun相當，Fum.Fun是一個流行的Solana Launchpad，以其Memecoins而聞名。

LaunchLab allows users to determine how a token’s price will change as its demand increases. The price change trajectory can be set to linear, exponential, or logarithmic. In addition to the post-launch price change behavior, third-party interfaces can integrate with LaunchLab and charge their own transaction fees on top of the standard fees.

LaunchLab允許用戶確定代幣的價格會隨著需求的增加而改變。價格變化軌跡可以設置為線性，指數或對數。除了發出後的價格變化行為外，第三方界面還可以與LaunchLab集成，並在標準費用的基礎上收取自己的交易費用。

An anonymous Raydium developer told Blockworks that LaunchLab has been in development for several months, but the company kept it shelved so as not to appear that Raydium was trying to directly compete with Pump.fun and other launchpads.

一位匿名Raydium開發人員告訴Blockworks，發射器已經開發了幾個月，但該公司將其擱置了幾個月，以免Raydium試圖直接與Pump.Fun和其他發射台競爭。

However, Raydium changed course and decided to roll out LaunchLab after Pump.fun announced plans to launch its own AMM, though the developer explained that LaunchLab isn’t meant to replace Pump.fun or any other launchpad for that matter. Rather, the platform is meant to serve teams who want to create and manage their tokens without building everything from zero.

但是，Raydium更改了課程，並決定在Pump.Fun宣布計劃發布自己的AMM的計劃之後推出LaunchLab，儘管開發商解釋說，發射列表並不意味著要取代Pump.Fun或任何其他發射台。相反，該平台旨在為想要創建和管理其令牌的團隊提供服務，而無需構建所有內容。

Even though Raydium’s LaunchLab doesn’t claim to compete directly with Pump.fun, the timing is suspicious. It looks like Raydium is trying to protect its revenue stream as Pump.fun has been sending a lot of its trading activity to Raydium, helping it to bag significant profits from trading fees.

即使Raydium的Launchlab並未聲稱直接與Pump.Fun競爭，但時機還是可疑的。似乎Raydium試圖保護其收入來源，因為pump.fun一直在向Raydium發送許多交易活動，從而幫助其從交易費用中獲得可觀的利潤。

When a token created on Pump.fun reaches a market cap of $69,000, part of its liquidity is automatically sent to a Raydium’s trading pool, after which it’s burned. This effectively renders those tokens permanently unavailable, which increases the value of the remaining tokens. Thanks to this mechanism, 41% of Raydium’s swap revenue in the last month has come from Pump.fun’s memecoins, according to Blockworks Research.

當在Pump.Fun上創建的令牌達到69,000美元的市值時，其一部分流動性會自動發送到Raydium的交易池，然後被燒毀。這有效地使這些令牌永久性地使這些令牌不可用，從而增加了其餘令牌的價值。據BlockWorks Research稱，借助這種機制，上個月Raydium的交換收入中有41％來自泵。

The news was met with mixed sentiment well-encapsulated by Zhu Su’s tweet, which highlighted that fee compression is good for users. But he pointed out that community and lore are what truly drive the success of projects like Pump.fun, implying that those aspects will be harder for Raydium to replicate.

該消息充滿了朱蘇（Zhu Su）的推文（Tweet）充分填補的混合情感，該推文強調了該費用壓縮對用戶有利。但是他指出，社區和傳說真正地推動了像pump.fun這樣的項目的成功，這意味著這些方面將很難復制。

Raydium’s token RAY is up by 12% on the daily timeframe, suggesting that the news were well-received.

Raydium的代幣雷在日常時間表上增長了12％，這表明這一消息是廣受好評的。