Hassan Maishera
TL;DR
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Memecoin launchpad Pump.fun has launched its decentralized exchange called PumpSwap.
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The DEX eliminates the 6 SOL migration fee.
Pump.fun Launches PumpSwap
Pump.fun, a leading Solana-based memecoin launchpad, announced the launch of its native decentralized exchange on Thursday.
Thanks to the launch of the DEX called PumpSwap, Pump.fun tokens will now move directly to the DEX once they've completed their bonding curve. This eliminates the migration to the Solana-based DEX and automated market maker (AMM) Raydium.
Introducing PumpSwap, Pump’s new native DEX
— pump.fun (@pumpdotfun) March 20, 2025
beginning NOW all coins that complete their bonding curve will migrate directly to PumpSwap
PumpSwap enables
- instant migrations
- 0 migration fees (down from 6 SOL)
- more liquidity
- creator revenue sharing (coming soon)
& more 👇 pic.twitter.com/T9BkmmaVVS
Furthermore, Pump.fun added that the launch of the DEX eliminates the 6 SOL migration fee and opens up the opportunity for creator revenue sharing in the future.
Transactions on the new decentralized exchange attract a 0.25% fee, of which 0.2% goes to liquidity providers and 0.05% remains with the protocol.
While commenting on the launch, Pump.fun co-founder Alon Cohen, said,
"Our goal from day one was to build a product that could escape the crypto bubble and capture the attention of millions of non-crypto natives. PumpSwap is a crucial step that will help grow the ecosystem through a more accessible, rewarding, and sustainable mechanism."
PumpSwap comes at a time when Pump.fun and Raydium are looking to part ways. Decentralized exchange Raydium is reportedly working to launch its memecoin launchpad called LaunchLab.
Pump.fun has recently suffered a dip, losing 94% of its trading volume in recent weeks, and a decline in graduated tokens migrating to Raydium since the beginning of the year. Tokens are required to hit a $69k market cap before moving to Raydium for secondary market trading.
