Pump.Fun是Solana上著名的Memecoin Launchpad，已正式推出了自己的DEX AMM Pumpswap。

Pump.Fun是Solana上著名的Memecoin Launchpad，已正式推出了自己的DEX AMM Pumpswap。

Pump.fun, a well-known memecoin launchpad on Solana, has officially launched its own DEX AMM, PumpSwap.

Pump.Fun是Solana上著名的Memecoin Launchpad，已正式推出了自己的DEX AMM Pumpswap。

The announcement of the launch was made yesterday by the platform’s official X profile.

该平台的官方X个人资料昨天发布了发布会。

The new DEX is already active, since from yesterday all the tokens that complete their bonding curve will migrate directly to PumpSwap.

新的DEX已经活跃，因为从昨天开始，所有完成其粘结曲线的令牌都将直接迁移到泵送。

Pump.fun, before launching its DEX, used Raydium, the main DEX on Solana, but now it will use only PumpSwap.

在启动dex之前，泵。Fun使用了solana上的主要dex raydium，但现在仅使用泵送。

Note that in less than 24 hours the new DEX has already surpassed 15 million dollars of TVL, even though they pale in comparison to the 74 million dollars of daily volume on Pump.fun.

请注意，在不到24小时的时间里，新DEX已经超过了1500万美元的TVL，即使它们与pump.fun每日7400万美元的每日量相比，它们苍白。

Note that the current volumes are moreover very low, because the peak was reached on January 24 above 390 million dollars.

请注意，目前的数量非常低，因为该高峰于1月24日达到3.9亿美元以上。

Raydium, instead, on the day of the launch of Trump’s memecoin on Solana reached the incredible figure of 11 billion dollars in daily trading volume. Currently, it has a TVL exceeding 1.1 billion dollars.

相反，在特朗普在索拉纳（Solana）发起的纪念之日，雷迪姆（Raydium）达到了令人难以置信的每日交易量的令人难以置信的数字。目前，它的TVL超过11亿美元。

On the new DEX by Pump.fun, instant migrations with zero fees have been enabled, and there will be greater liquidity compared to the platform.

在泵的新DEX上，启用了零费用的即时迁移，与平台相比，流动性将更大。

Furthermore, it has been announced that soon the new DEX will also enable revenue sharing with the creators.

此外，已经宣布，新的DEX也将与创作者共享收入分享。

PumpSwap V1 is a decentralized exchange on Solana that operates similarly to Raydium V4 and Uniswap V2, thanks to its Constant Product AMM that allows the creation of liquidity pools for free.

Pumpswap V1是Solana上的分散交易所，其运行方式与Raydium V4和Uniswap V2类似，这要归功于其持续的产品AMM，该产品允许免费创建流动性池。

Pump.fun states that it wanted to create its own DEX because their goal is to create an environment as smooth as possible for token trading, and until today an important point of friction has been precisely the migrations from the platform to the DEX, because they slowed down the momentum of new tokens and introduced unnecessary complexities for new users.

Fump.Fun指出，它想要创建自己的DEX，因为它们的目标是为令牌交易尽可能顺利，直到今天，摩擦的重要点才是从平台到DEX的迁移，因为它们减慢了新的代币的动力，并为新用户带来了不必要的复杂性。

Now, however, the migrations on the new DEX are instantaneous and free.

但是，现在，新DEX上的迁移是瞬时的和免费的。

This launch also moves towards the creation of a more sustainable ecosystem, given that soon a percentage of the DEX revenues will be shared with the token creators.

鉴于很快将与代币创作者共享，这种发射也朝着创建更可持续的生态系统的创造。

The exchange fees on PumpSwap are 0.25%, of which 0.20% goes to the liquidity providers, while 0.05% remains with the protocol.

泵送的交换费用为0.25％，其中0.20％用于流动性提供商，而0.05％的交易所保留在协议中。

The reaction of Raydium occurred already the day before the launch of PumpSwap.

Raydium的反应发生在Pumpswap推出的前一天。

This is the launch of an alternative platform to Pump.fun called LaunchLab.

这是启动一个替代平台来泵送。

In this way, he hopes to feel little impact from the abandonment by Pump.fun. It should be noted that in the last 30 days, a significant 41% of Raydium’s swap fees came from tokens created on Pump.fun.

通过这种方式，他希望对pump.fun的遗弃几乎没有影响。应当指出的是，在过去的30天中，Raydium的掉期费用中有41％来自Pump.Fun上创建的令牌。

Moreover, LaunchLab should be a direct fork of Pump.fun, even though it has not been launched yet.

此外，即使尚未启动启动Lablab，也应该是泵的直接分支。

An anonymous source within the Raydium development team revealed that LaunchLab had actually been in development for months, but the project had been temporarily shelved to avoid creating direct competition with Pump.fun.

Raydium Development团队中的一个匿名消息来源透露，LaunchLab实际上已经开发了几个月，但是该项目已被暂时搁置，以避免与Pump.Fun进行直接竞争。