Pump.fun has launched a new decentralized exchange platform, PumpSwap, in response to a significant decline in platform revenues. This innovative system aims to facilitate token swapping while reducing transaction costs. By offering lower-cost and faster transactions, PumpSwap seeks to enhance competition within the Solana 
$129 ecosystem. The platform also stands out with a revenue-sharing model tailored for liquidity providers and token creators.
How Does PumpSwap Work?
PumpSwap operates on an automated market maker (AMM) infrastructure similar to Raydium V4 and Uniswap V2. Users can create liquidity pools for free or participate in existing pools on the platform. This structure provides flexibility in token trading while helping to control costs.
A transaction fee of 0.25% is applied to each token swap. Of this fee, 0.20% goes to liquidity providers, while the remaining 0.05% is allocated to the pump.fun platform. This model aims to offer a more sustainable trading experience for users.
24h Most Popular
Utilities