Pumpfun launches PumpSwap, a token exchange service based on its own liquidity pool

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PumpSwap launches a token swap service based on its own liquidity pool, directly competing with Solana's existing automated market makers (AMMs), no longer pushing popular memecoin to Raydium, but providing startup liquidity internally to reduce costs and adjust the revenue model. In the future, PumpSwap plans to provide income to token creators through a 25 basis point transaction fee sharing mechanism, but the specific proportion and timing have not yet been disclosed. (CoinDesk)

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