Raydium Launches LaunchLab, Competing with Pump.fun: RAY Token Surges 13%

Raydium, the largest decentralized exchange (DEX) on Solana by cumulative trading volume, has just unveiled its new token launch tool, LaunchLab. This platform, which is designed to compete with the popular memecoin factory Pump.fun, enables users to launch their own tokens while integrating directly with Raydium’s liquidity pools. Additionally, third-party platforms can customize transaction fees, adding flexibility to the ecosystem.

Related: Pump.Fun launches PumpFI to finance meme coins

Raydium Introduces Launchlab

The introduction of LaunchLab is the latest chapter in the growing rivalry between Raydium and Pump.fun. Previously, the two platforms shared a strong partnership, but this shift represents a clear competitive move.

Reports of LaunchLab had surfaced earlier this year, with many anticipating a direct challenge to Pump.fun’s dominance in the Solana ecosystem. The timing is particularly significant as Pump.fun recently launched its own DEX, PumpSwap, marking a new phase for the platform. Prior to PumpSwap’s debut, tokens created on Pump.fun were automatically moved to Raydium after hitting a $69,000 market capitalization. However, PumpSwap’s launch in March 2025 has shifted the dynamics, giving the platform its own Automated Market Maker (AMM), and directly competing with Raydium.

PumpSwap has shown impressive growth in its short time on the market. In the first 10 days of operation, it saw $2.5 billion in trading volume. Less than a month later, it has accumulated over $31.7 billion in total volume, according to DefiLlama. This rapid growth has intensified the competition between Raydium and Pump.fun, with both platforms now vying for control over the Solana DEX space.

Ray Token Surge

Raydium’s response with LaunchLab is seen as a direct answer to this competitive shift. Early reports indicate that LaunchLab will share several similarities with Pump.fun but with a few key differences. One of the most notable features is the allocation of 25% of transaction fees to repurchase RAY, Raydium’s native token. This mechanism is designed to increase demand for RAY, potentially driving up its value. Following the announcement of LaunchLab, RAY’s price rose by 8%, outperforming the broader cryptocurrency market, according to The Block’s price data.

With both platforms now focused on creating an ecosystem for token launches, it’s clear that the rivalry between Raydium and Pump.fun will continue to intensify. While Raydium aims to leverage its deep integration with Solana’s liquidity pools and its native token, Pump.fun is ramping up with its own AMM and plans to release a native token as well. The competition between these two Solana-based platforms will undoubtedly shape the future of decentralized finance (DeFi) on the blockchain.

Raydium (RAY) experienced a notable price increase today, rising by approximately 13.2% in the past 24 hours, reaching a value of $2.41 USD. This surge follows the announcement of LaunchLab, Raydium’s new token launch platform. The platform allows users to launch tokens and integrates directly with Raydium’s liquidity pools, offering third-party platforms the ability to set transaction fees.

The introduction of LaunchLab is seen as a strategic move to compete with other token launch platforms, potentially attracting more projects to utilize Raydium’s ecosystem. The increased trading volume and price appreciation of RAY suggest a positive market reception to this development.

You can trade $RAY on Blofin or Binance.

Final Words

In conclusion, Raydium’s LaunchLab is poised to be a game-changer, offering unique features and potential for growth in the crowded DeFi space. As the rivalry with Pump.fun heats up, the Solana ecosystem will likely see further innovations from both platforms in the coming months. The launch of new tools like LaunchLab could make Raydium an even more integral part of the decentralized finance landscape on Solana.

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