泵。FUN推出泵送DEX

pump.fun推出了泵链的专有分散交易所（DEX），以促进通过其平台创建的代币交易

Pump.fun, the Solana-based meme coin launchpad, launched its own decentralized exchange (DEX), called Pumpswap, on March 20.

总部位于Solana的Meme Coin Launchpad Pump.Fun于3月20日推出了自己的分散交易所（DEX），称为Pumpswap。

Pumpswap will charge a 0.25% transaction fee, with 0.20% going to liquidity providers and 0.05% to the protocol. The DEX will also automatically migrate tokens that complete their bonding curves on Pump.fun, streamlining trading within its decentralized finance (DeFi) ecosystem.

PumpSwap将收取0.25％的交易费用，为0.20％用于流动性提供商，该协议为0.05％。 DEX还将自动迁移令牌，以完成其在泵上的粘结曲线。FUN，简化其分散融资（DEFI）生态系统内的交易。

Future plans include a revenue-sharing model for creators, though Pump.fun did not disclose details.

未来的计划包括用于创建者的收入分享模型，尽管泵没有透露细节。

“From day 1, our goal was to create the most frictionless environment for trading coins. Migrations were a major point of friction – they slow a coin’s momentum and introduce needless complexity for new users. Now, migrations happen instantly and for free,” the team said on X.

“从第一天开始，我们的目标是为交易硬币创造最无摩擦的环境。迁移是摩擦的主要点 - 它们放慢了硬币的势头，并给新用户带来了不必要的复杂性。现在，迁移立即发生，免费发生，”该团队在X上说。

Pump.fun, founded by Noah Tweedale, Alon Cohen, and Dylan Kerler, has become a dominant Solana token launchpad, launching over 5.5 million meme coins. The platform charges a 1% trade fee and a 1.5 SOL graduation fee for tokens reaching $90,000 in market cap, generating an estimated $602 million in transaction fees.

由Noah Tweedale，Alon Cohen和Dylan Kerler创立的Pump.Fun已成为主要的Solana代币发射台，发射了超过550万个模因硬币。该平台收取1％的贸易费用和1.5 SOL毕业费的代币，达到90,000美元的市值，估计产生了6.02亿美元的交易费用。

The new DEX aims to reduce reliance on external exchanges like Raydium, which are historically used by Pump.fun tokens post-launch. Pumpswap could shift trading volume, impacting competitors like Balancer, and consolidate Solana’s position as a meme coin hub. Pump.fun already accounts for 70% of Solana token launches and 56% of its DEX volume.

新的DEX旨在减少对Raydium等外部交流的依赖，而Raydium历史上是由Pump.Fun令牌发布后的。 Pumpswap可能会改变交易量，影响Balancer等竞争对手，并巩固Solana作为Meme Coin Hub的地位。 Pump.Fun已经占Solana代币发射的70％，占其DEX量的56％。

However, Pump.fun could face regulatory challenges. The platform was sued in New York in January for selling unregistered securities, and it banned UK users in December following an FCA notice. Pump.fun coins also have a 98.6% failure rate according to metrics collected by Dune Analytics.

但是，泵可能会面临监管挑战。该平台因出售未注册的证券而在纽约起诉，并在FCA通知后于12月禁止英国用户。根据Dune Analytics收集的指标，Pump.Fun硬币的故障率也为98.6％。