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 surged by 29% following the announcement of the LaunchLab, signaling strong investor confidence.

Raydium, a decentralized exchange (DEX) and automated market maker (AMM) on the Solana network, is launching a new token launchpad named “LaunchLab.” This move follows Pump.fun’s efforts to develop its own AMM, which could eventually replace Raydium. 
According to reports from Blockworks, Raydium’s “LaunchLab” will initially mirror Pump.fun, with a few distinct differences. The platform will feature a logarithmic bonding curve similar to Pump. fun’s but will also allow third-party user interfaces (UIs) to set fees and gain direct access to Raydium’s liquidity pools. Development on this project has been ongoing for several months.
Raydium’s R

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