泵。FUNAMM重新定义Solana流动性

Pump.Fun是最受欢迎的基于Solana的Memecoin Launchpads之一，据说正在建造内部自动化做市商（AMM）。

Solana-based memecoin launchpad Pump.fun is reportedly building an internal automated market maker (AMM), a move that could disrupt Raydium’s dominance as the go-to decentralized exchange for memecoins.

据报道，总部位于索拉纳的Memecoin LaunchPad Pump.Fun正在建立内部自动化做市商（AMM），此举可能会破坏Raydium作为对Memecoins的首选交换的主导地位。

According to a report by Aggr News, the development is already having an impact on the market, with Raydium’s RAY token experiencing a sharp decline.

根据AGGR News的一份报告，该开发项目已经对市场产生了影响，Raydium的Ray代币正在急剧下降。

The new AMM is currently undergoing internal testing and its release would significantly alter the liquidity landscape within the Solana ecosystem. Currently, only a small portion of tokens launched on Pump.fun are transferred to Raydium.

新AMM目前正在进行内部测试，其发布将大大改变Solana生态系统内的流动性格局。目前，仅在泵上启动的一小部分代币被转移到Raydium。

If Pump.fun retains liquidity within its own platform, it could have a drastic effect on Raydium’s market share.

如果Pump.Fun将流动性保留在其自己的平台内，则可能会对Raydium的市场份额产生巨大影响。

According to analysts, if Pump.fun proceeds with the launch, it could lead to a 30%-50% decline in Raydium’s trading volume, highlighting the rising competition within the decentralized finance (DeFi) market.

根据分析师的说法，如果Pump.Fun继续发布，则可能导致Raydium的交易量下降30％-50％，从而强调了分散融资（DEFI）市场中不断上升的竞争。

Pump.fun AMM to Reshape Solana Liquidity Dynamics

泵。用于重塑溶剂流动性动态

The implications of Pump.fun’s AMM technology extend beyond trading volume. According to X community, the platform is likely to introduce additional features such as memecoin perpetuals and lending, further solidifying its market leadership in Solana’s memecoin sector.

泵。根据X Community的说法，该平台可能会引入其他功能，例如Memecoin Perpetuals和Lending，从而进一步巩固其在Solana的Memecoin领域的市场领导。

Data from DeFiLlama shows that Pump.fun has already generated over $500 million in swap fees, showcasing its financial strength and capacity to sustain standalone liquidity solutions.

Defillama的数据表明，Pump.Fun已经产生了超过5亿美元的掉期费用，展示了其维持独立流动性解决方案的财务实力和能力。

This move follows Pump.fun’s recent involvement in the reported $1.4 billion Bybit hack. The platform played a crucial role in preventing the hackers from laundering stolen funds through a memecoin issuance, ultimately halting an attempted false transaction of over $26 million.

此举是在Pump.Fun最近参与报告的14亿美元bybit Hack之后的。该平台在防止黑客通过Memecoin发行的盗窃资金中洗钱，最终停止了未遂虚假交易超过2600万美元，该平台发挥了至关重要的作用。

Blockchain data analysis revealed the attackers’ intentions to use Pump.fun for generating fake trading volume. However, the platform’s swift response effectively thwarted this ill-intentioned maneuver.

区块链数据分析揭示了攻击者使用泵的意图。FUN用于产生假交易量。但是，该平台的迅速反应有效地挫败了这一不正当的动作。

The incident serves as a testament to Pump.fun's growing influence within decentralized finance, a trend that is likely to continue. As co-founder Alon Cohen aptly describes the site, "it's the biggest attention marketplace on the internet."

该事件证明了泵。FUN在分散的金融中的影响力不断增长，这一趋势可能会继续下去。正如联合创始人阿隆·科恩（Alon Cohen）恰当地描述了该网站的那样，“这是互联网上最大的关注市场”。

Pump.fun is poised to harness this market momentum and, with its AMM currently in the testing phase, the platform is set to solidify its place among the leaders in Solana's memecoin space, ultimately redefining the control and exchange of liquidity within it.

Pump.Fun准备利用这一市场势头，并且由于其AMM目前处于测试阶段，该平台将巩固其在Solana的Memecoin空间中的领导者中的位置，最终重新定义了其中的流动性控制和交换。