Raydium Unveils LaunchLab, a New Token Issuance Platform to Expand Solana Ecosystem
Raydium, the Solana-based decentralized exchange (DEX), is set to introduce its own token issuance platform, LaunchLab, in the coming weeks, aiming to enhance revenue streams and solidify its position in the ecosystem.
The announcement has fueled a rally in Raydium’s native token, RAY, which has surged 13% in the past 24 hours, significantly outperforming the broader market, where the CoinDesk 100 (CD100) index recorded a modest 1.62% gain.
Initially resembling the widely popular Pump.Fun platform, LaunchLab will incorporate additional features designed to optimize token launches, Blockworks first reported. Key among these is the introduction of three types of bonding curves, which dynamically adjust token prices based on demand. Additionally, LaunchLab will enable third-party user interfaces (UIs) to set their own fees, offering more flexibility to projects utilizing the service.
Raydium developer @0xINFRA took to X (formerly Twitter) to emphasize the seamless integration of LaunchLab with existing Raydium services, including AMM v4, CP-Swap, and CLMM pools.
“We’re not here to compete with launchpads currently using Raydium—LaunchLab is about making on-chain token launches more accessible for teams, providing a neutral and permissionless infrastructure,” he stated.
Raydium’s Growing Market Presence
Raydium remains a dominant force in Solana’s trading ecosystem, generating over $1 million in daily fees across its liquidity pools. A significant portion of this activity has stemmed from Pump.Fun tokens, which, as of February, accounted for over 30% of Raydium’s daily trading volume, according to data from Dune Analytics.
Pump.Fun, a platform that allows users to launch tokens with minimal capital, has traditionally used Raydium for automatic listings once tokens reached a $69,000 market cap. However, in late February, Pump.Fun launched its own automated market maker (AMM) tool, signaling a shift away from Raydium as its primary liquidity provider.
Despite speculation about the rivalry, the two platforms do not have an official partnership, and neither team has commented publicly on the evolving relationship.
LaunchLab: More Than Just a Pump.Fun Clone
Following the announcement, rumors emerged that LaunchLab was simply a fork of Pump.Fun, a claim that @0xINFRA was quick to refute.
“Not a Pump fork. LaunchLab’s PoC UI mimics it for familiarity, but it’s far more versatile,” he clarified.
He further described LaunchLab as the first in a suite of tools aimed at addressing diverse liquidity needs, stating that more models are in development.
“This isn’t about taking Pump’s users—it’s about expanding and enriching the Solana ecosystem,” he added, leaving the door open for collaborations and custom liquidity models.
With LaunchLab poised to go live soon, Raydium is making a strong push to stay at the forefront of on-chain trading and token launches, reinforcing its role as a key infrastructure provider in the growing Solana ecosystem.
