Raydium, the Solana decentralized exchange (DEX), is set to launch a new token launchpad called LaunchLab, which will initially mimic pump.fun, a popular Solana memecoin launchpad. This launch comes after pump.fun announced plans to develop its own automated market maker (AMM), effectively ending their unofficial partnership with Raydium. LaunchLab will provide various bonding curves—linear, exponential, and logarithmic—that align with token price and demand, along with customizable fees for third-party user interfaces. In recent weeks, pump.fun tokens contributed significantly to Raydium, with a 41% share of its swap fee revenue. Despite a drop in Raydium’s token value due to these developments, the protocol maintains a robust financial position. Core contributor Infra indicated that LaunchLab was conceived months ago, but its introduction became urgent in light of pump.fun’s AMM intentions. The new launchpad will also support multiple quote tokens and include features designed to assist token issuers, marking the beginning of a larger toolkit for token creation on Raydium.

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