Pump.fun, the popular Solan-based Memcoin Launchpad, is reportedly testing its automated market maker that may replace radium as a default decentralized exchange for graduate tokens.
Vikas was previously seen by the X News Agricultural Platform AGG News, which took notice of a new liquidity pool am.Pump.fun under internal test. If applied, pump.fun’s in-house amm will allow the platform to occupy higher fees, potentially affect the trading fees on Raydium (Ray)
Comes as a shift Memcoins continue to command the huge versions in the dex market. Pump.fun has already generated more than $ 500 million in total swap charges, according to which DefilamaCurrently, about 1.4% of tokens launched on the platform migrate into radium, which means that an in-house AMM can help hold more liquidity within the ecosystem.
The X community is speculating that this development can also pave the way for additional facilities like Memcoin Peritual and Lending. Raydium Trading Volume may see a downward fall of 30–50% if pump.fun proceeds with infection. This will greatly affect the market status of the redium. Radium’s token, ray, is already 20% below in the last 24 hours in response. Coingko,
Beyond its liquidity innings, the pump.fun has been in the news to stop a hacker associated with a recent $ 1.4 billion bibit hack from the laundering fund on the platform. Pump.fun pump. Fun blocks the attacker’s ability to move the property through the infrastructure and stopped them from robbing the stolen money through the Memcoin launch.
Through a coin called “Kinshihuang (500000)”, the hacker had already pushed more than $ 26 million in the amount of trade before being banned. According to blockchain dataThe attacker moved 60 Sols to a separate wallet before launching tokens at the pump, perhaps to mix and hide the stolen property.
