Raydium's team lead believes the majority of asset issuance will occur on Solana. "We want Raydium to play a central role in that," he said.
While PumpSwap achieved record $426M volume, Raydium maintained dominance with 46.1% market share in Solana's competitive DEX landscape.
Raydium has maintained Solana dominance, and its token has jumped 12% despite the emergence of a competitor in PumpSwap.
PumpSwap introduces zero-fee token migrations and a creator revenue-sharing model, posing a direct threat to Raydium.
It is already active and provides for the automatic and free migration of tokens from the platform.
Pump.fun, the wildest memecoin factory on Solana, has just shut the door on Raydium to launch its own DEX, PumpSwap.
Decentralized exchanges (DEX) like Raydium, Orca, and the newly launched PumpSwap have become the center of the meme coin storm thanks to fast transactions, low fees, and easy accessibility.
Pump.fun has launched its own decentralized exchange (DEX) called PumpSwap, potentially displacing Raydium as the primary trading venue for Solana (SOL) memecoins. Starting on March 20, memecoins that successfully bootstrap liquidity, or “bond,” on Pump.fun will migrate directly to PumpSwap, Pump.fun said in an X post.
Pump.fun launches PumpSwap, its native Solana DEX, offering fee-free migrations and creator revenue sharing amid declining volume. The post Pump.fun rolls out native DEX PumpSwap, ending Raydium migrations appeared first on Crypto Briefing.
RAY's price soared over 28% following speculation about a meme coin launchpad designed to rival Pump.fun and enhance Solana's ecosystem.
Raydium has launched LaunchLab, a Pump.fun clone with unique pricing features, sparking divided opinions across the crypto community. Raydium has announced the launch of LaunchLab, a new platform designed for creating and launching tokens—similar to Solana's Pump.
Raydium fights back against Pump.fun with LaunchLab, boosting its token and reshaping Solana's DeFi landscape
Raydium has announced the launch of LaunchLab, a new launchpad for memecoin alternative to pump.fun.
Raydium's native token, RAY, soared during the early hours of the Asian session. The surge comes after the Solana-based decentralized exchange (DEX) and automated market maker (AMM) announced plans for its token launchpad, LaunchLab.
Raydium launches the “LaunchLab” token launchpad to compete with Pump.fun's AMM. Pump.fun contributes over 35% of Raydium's revenue, making it a crucial part of Raydium's business model.
Raydium's RAY token price jumped 28% after announcing LaunchLab, its new token issuance platform designed to compete with Pump.fun.
Raydium, one of the leading decentralized exchanges on the Solana blockchain, has just caused a stir in the world of decentralized finance with the launch of its new token issuance platform, LaunchLab. This bold move, as reported by Blockworks, directly challenges established players like Pump.Fun in the rapidly evolving token launch arena.
LaunchLab will three types of bonding curves that match demand and price for a token and will let third-party UIs set their fees.
Raydium, a Solana-based DEX, is reportedly planning to introduce a meme cryptocurrency factory alternative to Pump.fun. The upcoming Raydium LaunchLab will ensure exponential logarithmic bonding curves matching the asset's price and demand (similar to Pump.fun). The only difference is that it will allow third-party UIs to determine their fees.
Raydium's new launchpad could reshape the meme coin landscape, but user engagement challenges may hinder its competitive advantage. The post RAY jumps 28% after Raydium unveils Pump.fun's meme coin launchpad rival appeared first on Crypto Briefing.
The move comes about a month after Pump.fun was found to be testing a custom-built automated market maker, possibly to replace Raydium.
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Mask Network founder Suji Yan has told hackers who recently siphoned $4 million in digital assets from his wallet to return the funds or face enforcement action. Yan stated that the Federal Bureau of Investigation, the Hong Kong Police, Interpol, and private security personnel have evidence implicating the hacker.
Raydium (RAY) has been making waves in the crypto market, trading at $2.32, up 11.73% at press time. With increasing Open Interest and social dominance, RAY is drawing attention from both traders and investors.
RAY's potential rally hinges on breaking resistance, despite declining network activity hinting at caution.
Onchain cybersecurity platform Cyvers detected suspicious outflows from an address linked to Mask Network founder Suji Yan.
Mask Network's CEO, Suji Yan, recently lost over $4 million in one of his public wallets. According to Yan in an X post, the hacking happened shortly after he celebrated his 29th birthday.
Suji Yan, founder of Mask Network, reported the theft of over $4 million in crypto from his personal wallet on February 27, his 29th birthday. The attack occurred during a private gathering, with funds manually transferred over 11 minutes. Investigators are tracing the stolen assets, now converted into approximately 1,700 ETH. The post Mask Network Founder Suji Yan's Personal Wallet Hacked for $4 Million appeared first on Cryptonews.
Mask Network founder Suji Yan suffered a major blow on his birthday after hackers stole nearly $4 million in digital assets from his personal holdings. The theft, which unfolded over just 11 minutes, left Yan reeling and sparked a swift response from blockchain security experts.
Mask Network's founder Suji Yan lost $4M worth of crypto assets from a mobile wallet. The hack came just days after he warned of potential DPRK hacker attacks against top crypto DAO and multisig vaults.
Mask Network founder Suji Yan's personal digital assets worth nearly $4 million were stolen in a suspicious transaction. Coordinated Laundering Attempt The blockchain security firm Cyvers said Feb. 27 it had detected suspicious transactions linked to Suji Yan, the founder of Mask Network.
Mask Network CEO Suji Yan revealed that his public wallet was hacked, resulting in the theft of over $4 million in crypto. The attack, which lasted approximately 11 minutes, occurred just hours after his 29th birthday celebration.
According to Cyvers report, Mask Network founder Suji Yan's account has been hacked. A suspicious address received nearly $4 million in digital assets before the funds were immediately swapped to ETH and distributed across six different addresses.
According to Cyvers Alerts, Mask Network founder Suji Yan's account is suspected of being hacked, and a suspicious address received nearly $4 million worth of cryptocurrency.
Raydium (RAY) has recently experienced significant selling pressure, causing a steep decline in its price due to market uncertainty and negative sentiment. The token has seen a 21.04% drop as its price fell below the $4.20 key support level, which had previously served as a critical threshold for the asset's price stability.
Raydium has dropped below a key support level as Pump.fun AMM launch causes fear, uncertainty, and FUD in the market.
Raydium (RAY) is a decentralized exchange (DEX) and automated market maker (AMM) built on the Solana blockchain. it offers fast transactions, low fees, and seamless liquidity within the Solana ecosystem.
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A Raydium contributor doubts the memecoin factory could replicate its success.
Raydium (RAY) has lost 27% of its value in the past 24 hours amid rumors that Pump.fun, the popular Solana-based protocol used to create meme coins, could soon launch an automated market-maker (AMM).
Pump.fun's AMM plans could disrupt Solana's DeFi scene, threatening Raydium's liquidity dominance and sparking a double-digit RAY price drop.
TL;DR Pump.fun is developing a new AMM that could displace Raydium as the primary liquidity provider on Solana, shifting the dynamics of meme coins. The RAY cryptocurrency saw a 28.10% drop in 24 hours due to speculation about the impact of this new AMM. Pump.
Pump.fun is testing its own AMM, potentially replacing Raydium as the default exchange for its tokens, which could significantly reduce Raydium's trading volume and fees. The post Pump.fun AMM Rumors Trigger 28% Decline in Raydium Token (RAY) Price appeared first on Cryptonews.
Raydium's native token, RAY, has faced substantial declines amid growing speculation that Pump.fun, a leading Solana(SOL)-based meme coin launchpad, is testing its own Automated Market Maker (AMM).
Pump.fun is secretly testing the development of a new AMM exchange that could replace the partner Raydium.
Raydium's native token plummeted on Monday as bearish sentiment limited Bitcoin's movements around $95K. While broad market weaknesses contributed to RAY's slump, rumors of Pump.fun's upcoming AMM pools dented Raydium's DEX business. These speculations have seen Raydium's market cap dipping from $1.237 billion to press time's $905K within hours. Pump.
Pump.fun is quietly testing its AMM to offer liquidity pools for its graduated tokens and potentially reduce reliance on Raydium.
One X user reported earlier that Solana memecoin launchpad pump.fun is working to launch its own AMM functionality.