Pump.fun isn’t just launching memecoins anymore - it’s coming for the whole market. The Solana-based launchpad just rolled out PumpSwap, its own DEX, taking direct aim at Raydium’s throne as the go-to exchange for memecoins.

Before this, every successful Pump.fun project had its liquidity automatically sent to Raydium, driving a ton of volume for the DEX. But that’s over. Starting now, all liquidity stays in-house on PumpSwap. No more costly migrations, no more friction - just instant, free transitions (compared to the 6 SOL it used to take).

And they’re not stopping there. PumpSwap is gearing up to reward token creators with a cut of trading fees, setting the stage for a more creator-driven ecosystem.

Raydium felt the hit immediately - $RAY dropped 7.4% from $1.76 to $1.62 - but has almost clawed its way back. One thing’s for sure: the memecoin wars on Solana just got a lot more interesting.