Table of Contents Show
PumpFun has moved a significant step ahead in the world of decentralized finance (DeFi) by introducing its own decentralized exchange (DEX), PumpSwap. It permits tokens developed on PumpFun to be directly listed, negating migration to third-party platforms such as Raydium.
Why PumpSwap Matters
For new listings on PumpFun, liquidity and exposure have frequently been obtained through integrating with external DEXs. With PumpSwap, it is now quicker, more convenient, and less expensive. Tokens can be listed in seconds for tradability on the fly without reliance on external sources.
Fee Structure and Incentives
PumpSwap brings a competitive 0.25% transaction fee, which is split as follows:
0.20% to liquidity providers to motivate users to provide liquidity pools.
0.05% is kept by PumpSwap for the sustainability and future growth of the platform.
This model not only rewards liquidity providers but also guarantees a regular revenue stream for the platform to continue innovating.
A Step Closer to DeFi Independence
By having its own DEX, PumpFun enhances its community and provides a more independent and user-friendly experience. This action lowers dependence on third-party exchanges, granting users a smooth and cost-effective trading experience.
With PumpSwap going live, PumpFun is ready to improve access and liquidity for new tokens, further solidifying its position as a leading player in the DeFi arena.
Stay Updated With the Latest Crypto News
For the latest updates, stay connected with us!
👉 Connect with us on LinkedIn: Latest Crypto Update
👉 Follow us on Instagram: Latest Crypto Update
👉 Follow us on Twitter: LCU on Twitter
👉 Subscribe to Our Newsletter for the latest crypto news and market insights.
Disclaimer:
The information provided on this website is for informational purposes only and may include third-party opinions or sponsored content. We do not offer financial advice. Before engaging with any exchange or individual, please conduct your own research and make decisions responsibly. For more details, review our Terms & Conditions.
