- fun launches PumpSwap, a DEX on Solana with zero-fee token migrations.
- PumpSwap supports memecoins and partner tokens, enhancing DeFi accessibility.
- The launch follows Raydium’s memecoin factory, intensifying Solana DeFi competition.
Pump.fun, the widely recognized memecoin launchpad on the Solana blockchain, has launched its native decentralized exchange (DEX), PumpSwap.
Introducing PumpSwap, Pump’s new native DEX
beginning NOW all coins that complete their bonding curve will migrate directly to PumpSwap
PumpSwap enables
– instant migrations
– 0 migration fees (down from 6 SOL)
– more liquidity
– creator revenue sharing (coming soon)& more 👇 pic.twitter.com/T9BkmmaVVS
— pump.fun (@pumpdotfun) March 20, 2025
This new platform promises to revolutionize the trading experience by offering instant token migration, zero fees, and enhanced liquidity, catering to both seasoned traders and newcomers.
Built on Solana’s high-speed infrastructure, PumpSwap aims to eliminate the hurdles often faced when transitioning tokens from creation to trading, reinforcing Pump.fun’s reputation as a leader in the memecoin ecosystem.
Pump.fun’s integration with PumpSwap
At the heart of PumpSwap lies its seamless integration with the Pump.fun launchpad. The DEX will support all tokens that complete their bonding curve—a mechanism used to determine a token’s initial pricing and distribution—on the Pump.fun launchpad.
Previously, migrating tokens from Pump.fun to a decentralized exchange could cost users up to 6 SOL and involve a time-consuming process.
PumpSwap changes that by enabling instant migrations at no cost, ensuring that newly launched tokens maintain their momentum and reach traders without delay. This frictionless approach reflects Pump.fun’s mission to simplify decentralized finance (DeFi) for its growing community.
Additionally, PumpSwap operates on a constant product automated market maker (AMM) model, a design familiar to users of platforms like Raydium v4 and Uniswap v2. This system dynamically adjusts token prices based on supply and demand within liquidity pools, offering efficient and decentralized trading.
Users can create their own liquidity pools, contribute to existing ones, or trade a diverse array of PumpSwap tokens.
While the platform boasts zero fees for migrations, it introduces a modest 0.25% trade fee, with 0.20% directed to liquidity providers and 0.05% supporting the protocol. This structure incentivizes participation while laying the groundwork for sustainability.
PumpSwap supports memecoins and partner tokens
The DEX’s appeal extends beyond memecoins, as PumpSwap will support an impressive lineup of partner tokens, including Pudgy Penguins (PENGU), Aptos (APT), Tron (TRON), Jupiter (JUP), Sei (SEI), LayerZero (ZRO), Coinbase’s wrapped token cbBTC, Ethena Labs’s stablecoin USDe, and Frax Finance’s frxUSD and FXS.
This broad compatibility positions PumpSwap as a versatile liquidity hub within the DeFi space, bridging multiple blockchains and enhancing cross-chain accessibility.
Tron DAO, one of the collaborators, praised the launch as a milestone in “cross-chain innovation,” highlighting its potential to expand DeFi’s reach and utility.
The timing of PumpSwap’s debut adds an extra layer of intrigue. Just one day earlier, on March 19, 2025, Raydium—a major Solana-based DEX— unveiled LaunchLab , a memecoin creation platform that closely resembles Pump.fun’s offerings.
This back-to-back rollout underscores the intensifying competition within Solana’s DeFi landscape. Yet, PumpSwap distinguishes itself with its zero-fee migrations and user-friendly design, potentially giving it an edge over rivals as the memecoin craze continues to captivate the crypto world.
Looking ahead, Pump.fun has teased plans for creator revenue sharing, a feature that could further align the interests of token creators and the platform. While details remain sparse, this addition hints at an evolving ecosystem where creators are rewarded for their contributions, potentially attracting even more projects to PumpSwap.
Combined with its initial trade fee structure, this forward-thinking approach suggests that PumpSwap is built not just for the moment but for long-term growth in the fast-paced DeFi market.
