Memes

Pumpfun Likely Looking to Dump Raydium to Own the Entire Memecoin Liquidity Stack

> When a token graduates from Pump, it migrates to the Raydium AMM.

> Undercutting Raydium AMM lets Pump raise swap fees, potentially doubling its revenue.

> This shift could also enable new primitives like memecoin perps and borrow/lending, by leveraging the consolidated liquidity.

Source:

Pump fun silently launched an AMM. 
https://t.co/ERuXNSoivb

When a token graduates from Pump, it migrates to the Raydium AMM.

The standard Raydium AMM takes a 0.25% fee on swaps:

- 0.22% given to the LPs
- 0.03% allocated to $RAY buybacks

According to Defillama, Pump has… https://t.co/AHCKIH7Dj3

Zaddycoin

Pumpfun Likely Looking to Dump Raydium to Own the Entire Memecoin Liquidity Stack

> When a token graduates from Pump, it migrates to the Raydium AMM.

> Undercutting Raydium AMM lets Pump raise swap fees, potentially doubling its revenue.

> This shift could also enable new primitives like memecoin perps and borrow/lending, by leveraging the consolidated liquidity.

Source: https://x.com/zaddycoin/status/1893838805792415992

Interesting move by Pumpfun. Leveraging the Raydium AMM could indeed open up new opportunities in the memecoin market. Exciting to see how this shift may impact the liquidity stack and potentially increase revenue streams. 