pump.fun announces the launch of DEX platform PumpSwap, aiming to become Solana's core trading infrastructure
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pump.fun announces the launch of DEX platform PumpSwap, aiming to become Solana's core trading infrastructure
TechFlow reports, on March 21, according to an official announcement, pump.fun has launched its DEX platform PumpSwap. From now on, all tokens that complete their bonding curve process will be automatically migrated to PumpSwap. PumpSwap features instant migration, zero migration fees (previously 6 SOL), stronger liquidity, revenue sharing for creators, and more. A portion of the protocol's future revenue will be shared with token creators. A 0.25% fee is charged on every transaction on PumpSwap.
Navigating Web3 tides with focused insightsTechFlow news, on March 21, according to an official announcement, pump.fun has launched its DEX platform PumpSwap. From now on, all tokens that complete their bonding curve process will be directly migrated to PumpSwap.
PumpSwap features and functionalities include instant migration, zero migration fees (previously 6 SOL), stronger liquidity, and creator revenue sharing. A portion of the protocol's revenue will subsequently be shared with token creators. Each transaction on PumpSwap incurs a 0.25% fee, of which 0.20% goes to liquidity providers and 0.05% is allocated to the protocol. However, this fee distribution will change once the creator revenue-sharing feature is launched.
Additionally, according to CoinDesk, based on project launch documents, the founders of Pump.fun believe PumpSwap can become the core permissionless trading infrastructure for all tokens on Solana. They have already reached agreements with multiple token projects that will build liquidity directly on PumpSwap's framework.
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