PumpFun logo in front view. Source: cryptoFX - stock.adobe.com

Key Takeaways:

Raydium launched LaunchLab to compete with Pump.fun, offering free token launches, customizable bonding curves, and no migration fees.
Tokens raising 85 SOL (~$11,150) automatically transition to Raydium’s AMM, with creators earning 10% of trading fees post-graduation.
RAY token surged nearly 14% after LaunchLab’s debut, while PumpSwap broke daily volume records five days in a row, reaching $460M on April 17.

Raydium, a Solana-based automated market maker (AMM), has launched LaunchLab, a new platform designed to rival the popular memecoin creation tool Pump.fun.

LaunchLab offers memecoin creators customizable bonding curves, zero migration fees, and free token launches.

For Creators: Custom Token Launch Features

– Token supply, total raised, quantity sold on curve
– Vesting with optional cliff and wallet delegation
– Burn & Earn: lock the LP & earn trading fees (!)
– And so much more pic.twitter.com/7LvQ70lw4O
— Raydium (@RaydiumProtocol) April 16, 2025

Tokens that raise at least 85 SOL (approximately $11,150) are immediately integrated into Raydium’s AMM, with creators eligible to earn 10% of future trading fees.

This move follows Pump.fun’s decision to cut ties with Raydium by shifting its token migration to its own decentralized exchange, PumpSwap.

In response, Raydium aims to reclaim dominance in the memecoin space with LaunchLab, setting a 1% trading fee, 25% of which goes to RAY token buybacks.

The announcement briefly triggered a 14% surge in RAY’s price, rising to $2.41 before settling at $2.21.

Meanwhile, PumpSwap continues to gain momentum, breaking daily trading volume records for five consecutive days, reaching $460 million on April 17.

Since launching on March 22, PumpSwap has processed a massive $7.3 billion in volume, highlighting the fierce competition in Solana’s memecoin ecosystem.