Pump.fun is suspected to launch Swap and AMM functions! Want to replace Raydium?

Pump.fun, this highly anticipated Meme coin launching platform in the Solana ecosystem, has successfully set off a national Meme craze with its "one-click coin issuance" function and the strategy of issuing Meme coins for free. Data shows that Pump.fun's revenue in 2024 was approximately 1.703 million SOLs, with a total profit of up to US$337 million at an average price of US$198, making it one of the most profitable agreements in the crypto market.

Swap and AMM features are coming soon?

Recently, the community discovered that Pump.fun seems to be about to launch the token exchange (Swap) and liquidity (Liquidity) functions. The beta test page of the amm.pump.fun website has been online, which has sparked speculation that Pump.fun intends to replace Raydium for more profits.

Usually, after the tokens of Pump.fun reach a certain issuance, they will be launched on the Raydium platform to improve the liquidity of Meme coins.

Pump.fun's average daily trading volume dropped sharply

Although the official has not officially announced the launch time and related details of the AMM function, the Meme craze on Solana has indeed cooled down (such as the LIBRA scandal and the rise of BNB chain Meme coins). TheBlock reported that in early February, the average daily trading volume of Meme coins, which launched Raydium from Pump.fun, fell to $560 million, the lowest level since Christmas 2024, down 82% from the peak single-day trading volume in late January ($3.13 billion). Therefore, it is reasonable to make Pump.fun's move to create a more comprehensive platform to keep more value within its ecosystem.

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