WOO X Research: Raydium vs. Pump Fun, LaunchLab Really Creates Wealth?
Raydium is the top Dex on Solana, and Pump Fun is the biggest Launchpad. Interestingly, although they have different tracks and businesses, they still attack each other and try to win more revenue.
The first is the launch of PumpSwap by Pump Fun, which has recently stabilized at $400 million in daily trading volume, approaching Raydium's $600 million daily trading volume. Raydium officials even pointed out that Pump Fun contributed up to 41% of its AMM revenue in the past month, but after Pump Fun built its own PumpSwap, Raydium's traffic dropped sharply and was forced to launch LaunchLab to "take back liquidity dominance"
What is the difference between LaunchLab and Pump Fun? Let WOO X Research take you through some of the noteworthy projects.
LaunchLab Basic Introduction
LaunchLab launched by Raydium is essentially a "zero-code coin issuance tool + automatic liquidity migration service", with two main usage modes:
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JustSendIt mode: open users to create tokens with one click, 85 SOL needs to be raised by default, and after the fundraising is successful, it will be automatically migrated to Raydium's AMM and LP will be burned token to achieve liquidity lock-up.
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LaunchLab Pro mode: You can customize the total amount, you can customize the minimum fundraising of 30 SOL to issue, bonding curve slope, vesting conditions, and whether to enable AMM profit sharing (up to 10% of the transaction fee can be returned to the project party).
In terms of fee structure, Raydium charges a unified 1% basic handling fee, of which 50% goes to the "Community Pool", 25% is used for $RAY repurchase, and 25% is used as the infrastructure and trading fund
. Among them, the most well-known is cook.meme
cook.meme is the first to use the LaunchLab contract, but build its own UX front-end, "meme coin issuance platform, focusing on zero fees, instant transactions and simple UI, which attracted many developers to try it as soon as it was launched, positioning it is a bit like a copy of Pump Fun's UI, but the underlying layer is bound to the liquidity of Raydium.
Raydium adopts such an open model, the purpose is not only to divert traffic, but to replicate the content and ecological flywheel that Pump Fun built through the front-end of the community.