索拉纳（Solana）最有利可图的协议泵。FUN正在为连锁店经济的份额更大。

这位广受欢迎的Memecoin Launchpad于周四宣布了由协议的流动性池提供支持的令牌掉期服务。它称为Pumpswap，该项目与Solana的自动化营销商（AMMS）直接竞争，该项目促进了链链令牌交易。

Pump.fun, Solana's most profitable protocol is setting its sights on an even greater share of the chain’s DeFi economy with a new token swaps service.

Pump.Fun，Solana最有利可图的协议是通过新的代币交换服务将目光投向了连锁店的Defi经济中的更大份额。

The massively popular memecoin launchpad on Thursday unveiled PumpSwap, powered by the protocol’s own liquidity pools and putting the project in direct competition with Solana’s coterie of automated market makers (AMMs).

这位受欢迎的Memecoin Launchpad于周四揭幕了Pumpswap，该泵由协议自己的流动性池提供支持，并使该项目与Solana的自动营销商（AMMS）直接竞争。

Instead of “graduating” highly-traded memecoins to Raydium (RADM), a longtime hub for Solana DeFi pools, Pump.fun will now seed promising tokens’ launch liquidity in PumpSwap. This fully in-house setup will cut down on launch costs, the founders said, and alter the way Pump.Fun generates its historically astronomical revenue.

Pump.Fun不会将高度交易的模因（RADM）“毕业”到Raydium（RADM）（RADM）（RADM），而是泵。创始人说，这种完全内部的设置将降低启动成本，并改变泵的方式。FUN产生其历史上天文学的收入。

Pump.fun's founders believe PumpSwap can become the beating heart of permissionless trading infrastructure on Solana for all tokens, according to launch documents reviewed by CoinDesk. They've brokered deals with a number of token projects who will now set up their liquidity on PumpSwap's rails.

根据Coindesk审查的发布文件，Fump.Fun的创始人认为，Pumpswap可以成为Solana上无许可的交易基础设施的跳动核心。他们已经与许多代币项目进行了交易，他们现在将在Pumpswap的轨道上设置流动性。

If the AMM is leaning on some undisclosed technological advantage to woo users – profit-hungry token traders and yield-chasing liquidity providers – from Solana's established trading outposts, then Pump.fun's founders wouldn't say. CoinDesk asked them as much – repeatedly.

如果AMM从Solana既定的交易哨所中倾向于Woo用户（渴望获得的代币交易者和收益的流动性提供者）的一些未公开的技术优势，那么Pump.Fun的创始人不会说。 Coindesk反复问他们。

What the service has going for it, at least in the minds of its backers, is distribution. For nearly a year now Pump.fun's explosion of memecoins has set the agenda for much of crypto, and especially Solana. Its profit windfalls reshaped the way on-chain researchers think and talk about revenue-generating protocols.

该服务至少在支持者的心中所做的就是分发。现在将近一年的时间泵。Fun的爆炸式爆炸已经为大部分加密货币（尤其是Solana）设定了议程。它的利润意外收获重塑了链上研究人员思考和谈论创收方案的方式。

On Tuesday Pump.fun saw $1 million in revenue. The sum is a relative pittance compared to the platform's previous year mining gold in the trenches. But it also trounces the numbers posted by many major crypto projects, including Ethereum itself. Such profits yield a mindshare dividend that could give PumpSwap its competitive edge.

周二泵。Fun获得了100万美元的收入。与该平台的前一年采矿金牌相比，这笔款项是相对的。但这也抛弃了许多主要加密项目（包括以太坊本身）发布的数字。这样的利润产生了思维股票的股息，可以使泵浦的竞争优势。

Raydium is set to be the biggest loser. Much of its trading volume over the past year has occurred in pools first seeded by Pump.fun's graduation mechanism. It will miss out on future activity now flowing to PumpSwap. That said, Raydium's newly-unveiled memecoin launchpad could blunt the pain by giving Raydium its own stream of memecoins.

Raydium将成为最大的失败者。过去一年中，其交易量的大部分发生在首先是由泵的毕业机制播种的池中。它将错过现在流向泵送的未来活动。也就是说，Raydium的新悬挂的Memecoin Launchpad可能会通过给Raydium自己的Memecoins来束缚痛苦。

Creators of tokens, meanwhile, may eventually capture a win. PumpSwap will eventually enable revenue sharing to give them a slice of protocol's 25 basis point fee on trades, the founders said. But they declined to say how much would flow to creators, or when the switch would flip.

同时，代币的创建者最终可能会赢得胜利。创始人说，Pumpswap最终将使收入分享能够为他们提供协议的25个基点交易的基准费用。但是他们拒绝说会流向创作者多少，或者何时翻转。