Raydium's RAY Soars 13% After DEX Announces Its Token Issuance Platform
LaunchLab will offer three types of bonding curves that will match demand and token price, and will also allow third-party user interfaces to set their own fees.
Posted by Shaurya Malwa | Edited by: Parikshit Mishra Updated: March 19, 2025 16:34 UTC Published: March 19, 2025 07:08 UTC
Key points:
- Solana-powered decentralized exchange Raydium is launching a new token issuance platform, LaunchLab, to increase revenue and expand its user base.
- Raydium RAY tokens have risen 13% in the last 24 hours, outperforming the broader market.
- LaunchLab will offer three types of bonding curves for determining token prices and allow third-party user interfaces to set their own fees.
Solana-powered decentralized exchange Raydium plans to launch its token issuance platform in the coming weeks in a bid to boost revenue for the already popular trading service.
Raydium's RAY token has gained 13% over the past 24 hours, significantly outpacing the 1.62% gain of the broader market group tracked by the CoinDesk 100 Index (CD100).
Raydium's LaunchLab will initially resemble the Pump.Fun token issuance platform, Blockworks reports, although the developers claim that it will have additional features that will make it more attractive for token launches.
LaunchLab will include three types of bonding curves that match token demand and price, and will allow third-party interfaces to set their own fees. The bonding curve is an automatic system that adjusts prices when tokens are bought or sold on the DEX.
Raydium developer @0xINFRA reported in a post on X that the service can be easily integrated into applications that already use existing Raydium solutions, such as AMM v4 pools, CP-Swap, CLMM.
“We are not looking to compete with the launch platforms that currently use Raydium — LaunchLab simplifies the process of launching tokens on the blockchain for teams by providing a neutral, permissionless infrastructure,” he said.
Let's add some bright colors…
LaunchLab will run as a permissionless, customizable communication curve program for launching Solana tokens and third-party user interfaces.
Here's a detailed look at what's to come: (1/7) https://t.co/Cs1FZ4UEJz
— Infra | Raydium (@0xINFRA) March 19, 2025
Raydium currently generates over $1 million in fees daily from trading across all of its liquidity pools, not just Pump.Fun tokens. However, according to Dune's dashboard, as of February, over 30% of Raydium's daily trading volume was in Pump.Fun tokens.
Pump.Fun allows anyone to create a token with less than $2, after which they choose the number of tokens, the theme, and the meme image that will accompany it. These tokens are automatically listed on Raydium once they reach a market cap of $69,000.
However, in late February, Pump.Fun appears to have stopped using Raydium as a migration platform, launching its own AMM tool (meaning that tokens will be available for further trading on Pump instead of Raydium).
The two teams do not have an official partnership and have not publicly commented on recent events.
Meanwhile, @0xINFRA has denied rumors that LaunchLab is a simple fork of Pump.Fun.
“This is not a fork of Pump, LaunchLab's PoC UI mimics it for convenience, but it's much more
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