After a month, Pump's Swap has finally arrived, but I feel that there is insufficient innovation!
Next, Pump is the ultimate move of platform coins. Today, #pump's total revenue has exceeded 600 million US dollars. Currently, its daily income is about 1 million US dollars, which is still very profitable!
In 2024, Pump.fun became the driving force behind the Solana Meme craze with innovative operations of one-click coin issuance and joint curves, but the good times did not last long. After 2025, with various presidential coins and fraudulent coins, the market will cool down and user enthusiasm will fade.
It was not good to see, in the early morning of March 21, Pump.fun made a big move - launching its own DEX #PumpSwap, directly upgrading from the token launch pad to a one-stop "launch + trading", which clearly requires a deadlock with the Meme of the Solana ecosystem!
Simply put, it is a "money-saving version" DEX. After graduation, you don’t have to spend 6 SOL to migrate to Raydium. You can open the pool and trade directly on PumpSwap. There are 0 migration fees and free liquidity pools. The threshold is so low. It also supports a bunch of popular coins, such as $PENGU $APT $TRON $USDe, and even brings #Aptos and #TRON into the #Solana ecosystem, with great ambitions!
PumpSwap charges a 0.25% handling fee per transaction, 0.20% to liquidity providers, and 0.05% to agreements. There will be "creator share" in the future, and the security is not vague. 9 audits have added #Cantina to offer a reward of 2.01 million USDC, but the contract will not be open source at present!
PumpSwap's abacus is a hit: save the trouble of migration, keep the golden window of the Meme craze, and then use the share to motivate and create hot products. But the reality is very skinny. The market for Solana Meme is no longer hot. After the $LIBRA collapsed in February, user confidence collapsed and it was difficult to produce hot products. The transaction volume was supported by old projects.
#raydium and #Jupiter are not vegetarians either. PumpSwap, a newcomer, wants to grab the territory, so you have to keep up with the functions and experiences. What’s worse is that low threshold may cause “soft rugs” to spread, with a bunch of inferior tokens. Who dares to play after retail investors lose money?
#Pumpswap is a self-rescue attempt for pump, with beautiful ideas and a neat closed loop. But whether Solana Meme can get hot or not or not is the key. Currently, various robots make it difficult for players to make money in Pump now, so in the end it depends on whether there are more phenomenal Memes, otherwise, PumpSwap will not bring too much change!