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Raydium, the decentralized exchange (DEX) and automated market maker (AMM) built on Solana, is set to introduce a new token launchpad called LaunchLab, which will function similarly to the popular Pump.fun platform.
LaunchLab: Raydium’s Response to Pump.fun
LaunchLab will provide a variety of bonding curves—linear, exponential, and logarithmic—that align token demand with price dynamics. Additionally, it will allow third-party user interfaces (UIs) to set their own fee structures.
In addition to offering innovative bonding curves and customizable fees, LaunchLab will support a range of quote tokens beyond SOL and integrate with Raydium’s liquidity provider locker, which ensures perpetual swap fees for token issuers. LaunchLab is just the first component of a larger “suite of tools” Raydium is developing for token creation.
Even though pump.fun memecoins have accounted for 41% of Raydium’s swap fee revenue in the last month, Raydium’s native token saw a 25% drop in February, as investors are concerned that Raydium’s revenue could decline significantly once pump.fun starts migrating tokens to its own AMM.
An anonymous Raydium core contributor, Infra, revealed that the development of LaunchLab began “several months ago,” but the project was paused to avoid competing directly with other teams. However, after learning about pump.fun’s AMM plans, Raydium believes that pump.fun has found product-market fit, partly due to the use of Raydium’s infrastructure. Still, Infra emphasized that LaunchLab isn’t intended to replace pump.fun.
“LaunchLab is not about replacing Pump or any other platform—it’s an alternative for teams that don’t want to build from scratch, and for Pump users who prefer Raydium’s AMM v4 for migrating pools,” Infra explained.
Also Read: Pump.fun Sets Record with $15.38M in Single-Day Fees
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Source: https://www.cryptonewsz.com/raydium-set-to-launch-own-version-of-pump-fun/