Close Menu
  • Crypto News
    • News
    • Bitcoin
    • Blockchain
    • BNB
    • Dogecoin
    • Ethereum
    • Litecoin
    • Meme Coins
    • Solana
    • Toncoin
    • XRP
  • Business
  • Markets
  • Regulation
  • Guides
  • Press Release
What's Hot

Metaplanet’s $5 Billion Capital Fuels Bitcoin Strategy

June 27, 2025

The COIN Act: Can This Bill Stop Trump’s Digital Cash Flow?

June 27, 2025

Polymarket NYC Mayor Betting Sees Big Jump As Scandals Unfold

June 27, 2025
Facebook X (Twitter) Instagram
  • About Us
  • Contact Us
  • Terms of Service
  • Privacy Policy
X (Twitter) Telegram
Crypto Junction
  • Crypto News
    • News
    • Bitcoin
    • Blockchain
    • BNB
    • Dogecoin
    • Ethereum
    • Litecoin
    • Meme Coins
    • Solana
    • Toncoin
    • XRP
  • Business
  • Markets
  • Regulation
  • Guides
  • Press Release
Crypto Junction
Home » Pump.fun Launches PumpSwap, Drops Raydium as Solana Memecoin War Heats Up
Crypto

Pump.fun Launches PumpSwap, Drops Raydium as Solana Memecoin War Heats Up

Karly MarieBy Karly MarieMarch 21, 20253 Mins Read
Twitter Telegram Copy Link Pinterest LinkedIn Facebook Reddit
Share
Twitter Telegram Facebook Pinterest Copy Link

Pump.fun has officially launched PumpSwap, its own decentralized exchange (DEX), marking a major shift in the Solana memecoin ecosystem. As of March 20, memecoins that successfully bootstrap liquidity on Pump.fun will no longer migrate to Raydium, which had been the dominant platform for trading these assets. Instead, they will now transition directly to PumpSwap for trading.

In an X post, Pump.fun explained that this move aims to remove friction and delays associated with liquidity migrations, streamlining the trading process for memecoin investors.

“Migrations were a major point of friction—they slowed a coin’s momentum and introduced needless complexity for new users. Now, migrations happen instantly and for free.”

PumpSwap is built to function similarly to Raydium V4 and Uniswap V2, ensuring a seamless trading experience while keeping liquidity within the Pump.fun ecosystem.

Raydium and Pump.fun: From Partners to Competitors

The launch of PumpSwap comes just days after Raydium announced its own memecoin launchpad, LaunchLab, a direct competitor to Pump.fun’s existing model.

Alon, a co-founder of Pump.fun, welcomed the competition, telling Cointelegraph:

“We welcome competition because users win at the end of the day.”

Beyond Raydium, several new players are emerging in Solana’s memecoin market, including Daos.fun, GoFundMeme, and Pumpkin, each vying for market share.

To stay competitive, Pump.fun plans to integrate a revenue-sharing model—a feature popularized by GoFundMeme—where a percentage of protocol revenue will be shared with coin creators.

“If it succeeds, millions of dollars will go toward aligning creators with their communities and incentivizing higher-quality launches.”

Declining Memecoin Activity Amidst Market Shifts

While competition is heating up, memecoin activity on Solana has significantly declined since January. Successful memecoin launches on Pump.fun have dropped by 80%, following a series of scandals that dampened retail enthusiasm.

According to DefiLlama, Pump.fun’s average daily fee revenue has plummeted from over $4 million in January to $1 million by mid-March.

Despite the slowdown, Solana’s total value locked (TVL) saw massive growth in 2024, surging from $1.4 billion to over $9 billion, largely driven by memecoin trading. Raydium was one of the biggest winners, with daily trading volumes increasing from $245 million to over $2 billion throughout the year.

What’s Next for Solana’s Memecoin Market?

With PumpSwap now live and Raydium launching LaunchLab, Solana’s DeFi ecosystem is in the midst of a major shake-up. The battle for dominance in memecoin trading is intensifying, and traders will be closely watching how these rival platforms innovate to attract liquidity.

As memecoin sentiment cools, the success of these platforms will likely depend on their ability to incentivize new projects, simplify trading, and offer unique benefits to users in a highly competitive DeFi landscape.

crypto exchange decentralized trading DeFi memecoin trading Pump.fun PumpSwap Raydium Solana memecoins
Share. Telegram Twitter LinkedIn Pinterest Facebook Reddit Copy Link
Karly Marie
Karly Marie

Related Posts

Ethereum Price Drop Triggers Biggest ETF Outflow Yet

June 25, 2025

CoinMarketCap Security Breach Triggers Wallet Scam Alert

June 25, 2025

Nakamoto Bitcoin Treasury Expansion Hits Record $51.5M

June 25, 2025

Bloomberg Altcoin ETF Approvals Soar To 90% Odds

June 25, 2025
Trending Posts

Circle Stock Rockets Nearly 200% Beyond IPO Price

June 16, 2025

Trump’s Crypto Czar David Sacks Denies ‘Dumping’ Bitcoin and Ethereum, Says Ethics Rules Forced Divestment

March 21, 2025

Conor McGregor Proposes Irish Bitcoin Reserve

May 9, 2025

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Crypto Junction, founded in 2014, is one of the original and most trusted sources for cryptocurrency news and blockchain insights. We provide accurate, unbiased, and timely coverage of digital assets, market trends, and industry developments.

All content on Crypto Junction is for informational and educational purposes only and should not be considered financial, investment, or legal advice. Cryptocurrency investments are highly volatile and carry risks. Always conduct your own research before making financial decisions.

We're social. Connect with us:

X (Twitter) Telegram
Top Insights

Metaplanet’s $5 Billion Capital Fuels Bitcoin Strategy

June 27, 2025

The COIN Act: Can This Bill Stop Trump’s Digital Cash Flow?

June 27, 2025

Polymarket NYC Mayor Betting Sees Big Jump As Scandals Unfold

June 27, 2025
ABOUT
  • About Us
  • Cookie Policy
  • Editorial Policy
  • Investment Disclaimer
  • Press and Media Kit
  • Terms of Service
  • Affiliate Disclosure
  • Contact Us
NEWSLETTER

Subscribe to Updates

Get the latest crypto news and updates direct to your inbox - we don't spam

X (Twitter) Telegram
  • Altcoin News
  • Bitcoin News
  • Dogecoin News
  • Ethereum News
  • Litecoin News
  • Meme Coin News
  • Solana News
  • XRP News
© 2025 Crypto Junction

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 107,244.73
ethereum
Ethereum (ETH) $ 2,422.52
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.19
bnb
BNB (BNB) $ 645.93
solana
Solana (SOL) $ 143.38
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.273757
dogecoin
Dogecoin (DOGE) $ 0.162374
staked-ether
Lido Staked Ether (STETH) $ 2,419.62
cardano
Cardano (ADA) $ 0.562676
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 107,157.71
hyperliquid
Hyperliquid (HYPE) $ 36.69
bitcoin-cash
Bitcoin Cash (BCH) $ 500.91
wrapped-steth
Wrapped stETH (WSTETH) $ 2,916.84
sui
Sui (SUI) $ 2.70
chainlink
Chainlink (LINK) $ 13.17
leo-token
LEO Token (LEO) $ 9.07
stellar
Stellar (XLM) $ 0.239125
avalanche-2
Avalanche (AVAX) $ 17.66
usds
USDS (USDS) $ 1.00
the-open-network
Toncoin (TON) $ 2.86
shiba-inu
Shiba Inu (SHIB) $ 0.000011
whitebit
WhiteBIT Coin (WBT) $ 46.34
weth
WETH (WETH) $ 2,422.74
litecoin
Litecoin (LTC) $ 85.28
wrapped-eeth
Wrapped eETH (WEETH) $ 2,591.02
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
hedera-hashgraph
Hedera (HBAR) $ 0.14686
monero
Monero (XMR) $ 306.01
bitget-token
Bitget Token (BGB) $ 4.68
ethena-usde
Ethena USDe (USDE) $ 1.00
polkadot
Polkadot (DOT) $ 3.38
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 107,263.74
pi-network
Pi Network (PI) $ 0.564845
uniswap
Uniswap (UNI) $ 6.91
aave
Aave (AAVE) $ 257.98
pepe
Pepe (PEPE) $ 0.000009
dai
Dai (DAI) $ 1.00
aptos
Aptos (APT) $ 4.93
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.18
okb
OKB (OKB) $ 50.34
bittensor
Bittensor (TAO) $ 328.12
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
near
NEAR Protocol (NEAR) $ 2.12
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 173.68
internet-computer
Internet Computer (ICP) $ 4.78
crypto-com-chain
Cronos (CRO) $ 0.080677
ethereum-classic
Ethereum Classic (ETC) $ 16.18
susds
sUSDS (SUSDS) $ 1.06
ondo-finance
Ondo (ONDO) $ 0.749583
tokenize-xchange
Tokenize Xchange (TKX) $ 27.77
usd1-wlfi
USD1 (USD1) $ 1.00
mantle
Mantle (MNT) $ 0.596164
kaspa
Kaspa (KAS) $ 0.074284
fasttoken
Fasttoken (FTN) $ 4.41
gatechain-token
Gate (GT) $ 15.65
official-trump
Official Trump (TRUMP) $ 9.03
cosmos
Cosmos Hub (ATOM) $ 3.95
vechain
VeChain (VET) $ 0.020543
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.672852
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 107,307.75
sky
Sky (SKY) $ 0.078569
render-token
Render (RENDER) $ 3.20
sei-network
Sei (SEI) $ 0.291525
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.175475
ethena
Ethena (ENA) $ 0.254296
arbitrum
Arbitrum (ARB) $ 0.305974
quant-network
Quant (QNT) $ 104.37
algorand
Algorand (ALGO) $ 0.175412
filecoin
Filecoin (FIL) $ 2.21
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.38
first-digital-usd
First Digital USD (FDUSD) $ 0.999539
worldcoin-wld
Worldcoin (WLD) $ 0.876651
binance-peg-weth
Binance-Peg WETH (WETH) $ 2,422.83
usdtb
USDtb (USDTB) $ 1.00
kucoin-shares
KuCoin (KCS) $ 11.12
binance-staked-sol
Binance Staked SOL (BNSOL) $ 151.75
usdt0
USDT0 (USDT0) $ 1.00
jupiter-exchange-solana
Jupiter (JUP) $ 0.40894
nexo
NEXO (NEXO) $ 1.20
flare-networks
Flare (FLR) $ 0.017156
rocket-pool-eth
Rocket Pool ETH (RETH) $ 2,760.26
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 2,537.66
spx6900
SPX6900 (SPX) $ 1.17
bonk
Bonk (BONK) $ 0.000013
injective-protocol
Injective (INJ) $ 10.62
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 1.00
fartcoin
Fartcoin (FARTCOIN) $ 1.03
kaia
Kaia (KAIA) $ 0.175264
blockstack
Stacks (STX) $ 0.660532
celestia
Celestia (TIA) $ 1.45
binance-bridged-usdc-bnb-smart-chain
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
sonic-3
Sonic (S) $ 0.306049
paypal-usd
PayPal USD (PYUSD) $ 0.999787
xdce-crowd-sale
XDC Network (XDC) $ 0.059517
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 1.46
optimism
Optimism (OP) $ 0.538935
pax-gold
PAX Gold (PAXG) $ 3,298.49
solv-btc
Solv Protocol BTC (SOLVBTC) $ 106,939.65