Raydium Fires Back at Pumpfun With New Token Launchpad

Raydium, Solana’s largest decentralized exchange (DEX) by total value locked (TVL), is set to launch a platform for creating memecoins called LaunchLab. Radium’s token price has increased by nearly 15% since the news broke, according to Coingecko data.

According to a March 19 X post from 0xInfra, a Raydium contributor, LaunchLab differs greatly from Pumpfun but retains a familiar user interface.

It will feature three types of bonding curves - linear, exponential, and logarithmic, support multiple quote tokens like SOL, jitoSOL, USDT and USDC, and offer third-party fee customization for teams that want to launch a token.

LaunchLab will also integrate Raydium’s liquidity pool (LP) locker for Fee Key non-fungible tokens (NFTs), a feature enabling teams to lock liquidity to earn swap fees forever.

“We’re not here to compete with launchpads currently using Raydium — LaunchLab makes on-chain token launches easier for teams, offering a neutral, permissionless infra. Our goal: empower Solana’s ecosystem, not gatekeep it,” 0xInfra said.

Although Raydium’s affiliate claims they are not launching LaunchLab to compete with Pumpfun, the timing and nature of the announcement could suggest otherwise.

Raydium’s unveiling of LaunchLab comes just weeks after news broke that Pumpfun was planning to launch its own automated market maker (AMM) and native token.