Solana’s Raydium rolls out LaunchLab after split with Pump.fun
Raydium, a DEFI platform based in Solana, launched its own launchpad same after links cut by pump.
Nicknamed Launchlab, the new same manufacturing protocol was officially posted on April 16, offering users a simple way to create, personalize and exchange their own tokens directly on Solana’s blockchain, according to a X post of Raydium during the day.
The platform connects directly to Raydium liquidity pools, allowing new tokens to start negotiating instantly with a minimum configuration. Projects that increase at least 85 soil, or about $ 11,150, are automatically added to Raydium AMM, giving them access to deeper liquidity from the start.
Launchlab also offers flexible binding curve options, 1% negotiation costs and zero migration costs, a key change to reduce friction for developers and merchants. More than 10 projects had already crossed the floor threshold 85 at the time of the press, suggesting early interest in the new tool.
After the launch, the native token of Raydium increased by about 13% to $ 2.41 before cooling at around $ 2.32 at the time of the press.
According to Raydium, 25% of all negotiation costs collected via Launchlab will be used to buy Ray tokens, potentially supporting its market value over time.
As before reported By crypto.News, the first signs of Raydium working on a new token launch platform emerged in March, shortly after Pump.fun revealed plans for its own automated market.
The announcement of Pump.fun, which had long used the liquidity pools of Raydium for its liaison curve launches, indeed ended what was considered as a key source of income and activity for Raydium.
March 20, pump.fun presented Pumpswap, a Dex based in Solana which supports all the launch parts by finishing their link curve, offering instant and free of charge and a complete commercial support.
At the time, an anonymous developer of Raydium, Launchlab, was already underway for several months. However, the team maintained it aside to avoid any perception that it was directly in competition with Pump.fun or other launchaux.
According to the developer, Launchlab was not built to replace Pump.fun, but rather to offer teams a simpler way to create and manage tokens without starting from scratch.
That said, Launchlab still does not have certain community -oriented features such as the live streaming option from Pump.
Due to generalized abusive use, in particular extreme cascades and threats of self -control, Pump. He has since been reinstatedThe restaurant platform fully streaming live on April 11 according to stricter moderation rules to limit abuse.
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