标题：Raydium启动LaunchLab，泵。

Raydium推出了LaunchLab，这是一种具有独特价格功能的泵。

Raydium has launched LaunchLab, a platform for creating and launching tokens, which is similar to Pump.fun and has sparked discussion among members of the crypto community.

Raydium推出了LaunchLab，这是一个用于创建和启动代币的平台，类似于pump.fun，并引发了加密社区成员之间的讨论。

Raydium (RAY) has announced the launch of LaunchLab, a platform designed for teams to easily create and launch their tokens. This offering is comparable to Pump.fun, a popular Solana launchpad known for its memecoins.

Raydium（Ray）宣布推出LaunchLab，该平台为团队而设计，可轻松创建和启动其令牌。此产品可与Pump.Fun相当，Fum.Fun是一个流行的Solana Launchpad，以其Memecoins而闻名。

LaunchLab allows users to determine how a token’s price will change as its demand increases. The price change trajectory can be set to linear, exponential, or logarithmic. In addition to the post-launch price change behavior, third-party interfaces can integrate with LaunchLab and charge their own transaction fees on top of the standard fees.

LaunchLab允许用户确定代币的价格会随着需求的增加而改变。价格变化轨迹可以设置为线性，指数或对数。除了发出后的价格变化行为外，第三方界面还可以与LaunchLab集成，并在标准费用的基础上收取自己的交易费用。

An anonymous Raydium developer told Blockworks that LaunchLab has been in development for several months, but the company kept it shelved so as not to appear that Raydium was trying to directly compete with Pump.fun and other launchpads.

一位匿名Raydium开发人员告诉Blockworks，发射器已经开发了几个月，但该公司将其搁置了几个月，以免Raydium试图直接与Pump.Fun和其他发射台竞争。

However, Raydium changed course and decided to roll out LaunchLab after Pump.fun announced plans to launch its own AMM, though the developer explained that LaunchLab isn’t meant to replace Pump.fun or any other launchpad for that matter. Rather, the platform is meant to serve teams who want to create and manage their tokens without building everything from zero.

但是，Raydium更改了课程，并决定在Pump.Fun宣布计划发布自己的AMM的计划之后推出LaunchLab，尽管开发商解释说，发射列表并不意味着要取代Pump.Fun或任何其他发射台。相反，该平台旨在为想要创建和管理其令牌的团队提供服务，而无需构建所有内容。

Even though Raydium’s LaunchLab doesn’t claim to compete directly with Pump.fun, the timing is suspicious. It looks like Raydium is trying to protect its revenue stream as Pump.fun has been sending a lot of its trading activity to Raydium, helping it to bag significant profits from trading fees.

即使Raydium的Launchlab并未声称直接与Pump.Fun竞争，但时机还是可疑的。似乎Raydium试图保护其收入来源，因为pump.fun一直在向Raydium发送许多交易活动，从而帮助其从交易费用中获得可观的利润。

When a token created on Pump.fun reaches a market cap of $69,000, part of its liquidity is automatically sent to a Raydium’s trading pool, after which it’s burned. This effectively renders those tokens permanently unavailable, which increases the value of the remaining tokens. Thanks to this mechanism, 41% of Raydium’s swap revenue in the last month has come from Pump.fun’s memecoins, according to Blockworks Research.

当在Pump.Fun上创建的令牌达到69,000美元的市值时，其一部分流动性会自动发送到Raydium的交易池，然后被烧毁。这有效地使这些令牌永久性地使这些令牌不可用，从而增加了其余令牌的价值。据BlockWorks Research称，借助这种机制，上个月Raydium的交换收入中有41％来自泵。

The news was met with mixed sentiment well-encapsulated by Zhu Su’s tweet, which highlighted that fee compression is good for users. But he pointed out that community and lore are what truly drive the success of projects like Pump.fun, implying that those aspects will be harder for Raydium to replicate.

该消息充满了朱苏（Zhu Su）的推文（Tweet）充分填补的混合情感，该推文强调了该费用压缩对用户有利。但是他指出，社区和传说真正地推动了像pump.fun这样的项目的成功，这意味着这些方面将很难复制。

Raydium’s token RAY is up by 12% on the daily timeframe, suggesting that the news were well-received.

Raydium的代币雷在日常时间表上增长了12％，这表明这一消息是广受好评的。