pump.Fun推出基于索拉纳的本地dex泵送，以彻底改变令牌发射

经过数月的猜测和积累，领先的代币发射台Pump.Fun宣布成功推出了Pumpswap，这是一位本地的基于Solana的本地人

The cryptocurrency market has seen its fair share of changes in recent months, especially within the memecoin sector. After months of speculation and buildup, leading token launchpad Pump.fun announced the successful launch of its native Solana-based decentralized exchange (DEX), named PumpSwap.

最近几个月，加密货币市场已经看到了相当多的变化，尤其是在Memecoin行业内。经过数月的猜测和积累，领先的Token Launchpad Pump.Fun宣布成功推出了其本地索拉纳分散交易所（DEX），名为PumpSwap。

The launch of PumpSwap comes at a crucial time for the token launchpad. In recent times, Pump.fun has faced financial difficulties as revenue began to decline, and the platform is planning to launch PumpSwap as part of a broader strategy to restructure its revenue stream and adapt to the changing market dynamics.

对于令牌发射台而言，Pumpswap的推出在关键时期。最近，随着收入开始下降，Pump.Fun面临财务困难，该平台计划推出Pumpswap，这是重组其收入流并适应不断变化的市场动态的更广泛战略的一部分。

What Is Happening?

怎么了？

After a stellar 2024, which saw new avenues of revenue and partnerships, the token launchpad has seen a decline in revenue in recent months.

在获得新的收入和合作伙伴关系途径的2024年出色的2024年之后，近几个月来，代币发射台的收入下降。

According to DefiLlama, Pump.fun’s daily revenue has dropped from a high of 3,000 SOL in January to about 500 SOL in March. At January’s peak, the platform was generating an estimated $780,000 per day in revenue. However, by March, that figure had dropped to about $128,000.

根据Defillama的说法，Pump.Fun的每日收入从1月份的3,000旧金山下降到3月的大约500 SOL。在一月份的高峰期，该平台的收入估计为每天780,000美元。但是，到3月，这个数字已降至约128,000美元。

This decrease can be attributed to several factors, including the slowdown of the memecoin ecosystem and the occurrence of several scandals.

这种减少可以归因于几个因素，包括成长生态系统的放缓以及几个丑闻的发生。

Recently, the LIBRA (लीब्रा) memecoin, which was launched by an unknown developer, was a subject of discussion among crypto enthusiasts. The token’s price dropped by 95% after it reached a $4.5 billion market cap, raising concerns about insider benefits.

最近，由一个不知名的开发人员发起的天秤座（लीबरर）是加密助人爱好者中讨论的主题。代币的价格达到45亿美元的市值后，其价格下跌了95％，这引起了人们对内部福利的担忧。

Reacting to the incident, Alon, the founder of the Blockchain service provider Pump.fun, stated that the project has no morals or ethics and that it’s a scam. He also noted that they are planning to take legal action.

区块链服务提供商泵的创始人阿隆（Alon）表示，该项目没有道德或道德，这是一个骗局。他还指出，他们正计划采取法律行动。

After the incident, worries of insider trading spread and investor confidence was shaken. As a result, trading volumes dropped significantly.

事件发生后，内幕交易的忧虑和投资者的信心被动摇了。结果，交易量大幅下降。

According to Token Terminal, the monthly memecoin trading volume on all exchanges went down from about 206 billion in January to 99.5 billion in February.

根据Token Terminal的数据，所有交易所的每月Memecoin交易量从1月的约2060亿美元下降到2月的995亿。

Among the platforms that provide services for token launches on Solana, there is also fierce competition, especially from Raydium, which is preparing to launch its own memecoin launchpad called LaunchLab.

在为Solana上发布服务的服务的平台中，还有激烈的竞争，尤其是来自Raydium，Raydium准备推出自己的Memecoin Launchpad，称为LaunchLab。

What Is Known About PumpSwap?

泵施加有什么了解？

Pump.fun is launching PumpSwap V1 at a time when trading volumes are lagging and competition is heating up. Aiming for renewed growth in the token launch space, the service is focused on streamlining coin trading and improving the user experience.

Fump.Fun在交易量落后并且竞争正在加热的时候推出泵种V1。为了在代币发射领域重新增长，该服务侧重于简化硬币交易和改善用户体验。

PumpSwap offers a new way of launching a token without the traditional step of creating a liquidity pool on Raydium. Instead, tokens will launch immediately after completing their bonding curve, enabling instant and free migrations. This will eliminate the prior 6 SOL migration fee to Pump.fun, which they noted was a major friction point for users.

Pumpswap提供了一种新的方式来推出代币，而无需在Raydium上创建流动性池的传统步骤。取而代之的是，令牌将在完成其粘结曲线后立即启动，从而实现即时和自由迁移。这将消除先前的6 sol迁移费。

V1 of PumpSwap is an automated market maker (AMM), similar to Raydium V4 and Uniswap V2. On the platform, users can build and own liquidity pools, fund pools, and trade any tokens that are listed on the platform. It uses the same fee structure as other DEXs with a 0.25% fee per trade. From the 0.25%, 0.20% will go to liquidity providers and 0.05% will go to the protocol.

Pumpswap的V1是自动化的做市商（AMM），类似于Raydium V4和Uniswap V2。在平台上，用户可以构建和拥有流动性池，资金池以及交易平台上列出的任何代币。它使用与其他DEX相同的费用结构，每个交易的费用为0.25％。从0.25％开始，0.20％将用于流动性提供者，而0.05％将用于该协议。

Pump.fun also plans to introduce a creator revenue-sharing model in which protocol revenue will be split with coin creators. The revenue share model will incentivize quality projects and ensure the creator and the community are aligned.

Pump.Fun还计划引入创建收入分享模型，其中协议收入将与硬币创建者分开。收入共享模式将激励优质项目，并确保创造者和社区保持一致。

Moreover, Pump.fun has prioritized security and has had nine independent audits from well-recognized security firms. In the long term, they also plan to open-source the PumpSwap Program to improve security and transparency.

此外，Pump.Fun优先考虑安全，并从公认的安全公司进行了九项独立审核。从长远来看，他们还计划开放泵送计划，以提高安全性和透明度。

Although Pump.fun started as a memecoin platform, the platform has diversified with time, now supporting all kinds of tokens. Along with Pudgy Penguins (PENGU), users can now trade tokens belonging to verified partners like Aptos (APT), Tron (TRX), cbBTC by Coinbase and USDe by Ethena.

尽管pump.fun最初是作为一个模因平台，但该平台随着时间的流逝而多样化，现在支持各种令牌。与矮胖的企鹅（Pengu）一起，用户现在可以交易属于验证的合作伙伴，例如Aptos（APT），Tron（TRX），Coinbase和Ethena的USDE。

Last Thoughts

最后的想法

At the beginning of the year, the token launchpad was exploring various avenues to expand its revenue streams. Back in January, Pump.fun announced plans to introduce a subscription service.

在今年年初，令牌发射台正在探索各种途径以扩大其收入来源。早在一月份，Pump.Fun宣布了计划推出订阅服务的计划。

The service, which was named “Pump.fun Premium,” was designed to offer members exclusive benefits and priority access to new products and services from the token launchpad.

该服务被称为“ Pump.Fun Premium”，旨在为成员提供独家福利，并优先使用令牌发射台上的新产品和服务。

At the time, Alon said they were working on expanding their product suite and forging strategic partnerships to ensure sustained growth and introduce new revenue streams.

当时，阿隆说，他们正在努力扩大产品套件并建立战略合作伙伴关系，以确保持续增长并引入新的收入来源。