Pump.funPumpSwap launched to compete with automated market makers
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Odaily reports that the MEME coin Launchpad platform Pump.fun has announced the launch of PumpSwap service, which will provide users with token Swap functionality and directly compete with the automated market maker in the Solana ecosystem that specializes in on-chain token trading. According to the project's launch document, the founders of Pump.fun believe that PumpSwap can become the core of the permissionless trading infrastructure for all tokens on Solana. They have reached agreements with multiple token projects, which will establish liquidity directly within the PumpSwap framework. (CoinDesk)
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