The Token emission platform based in Solana Pump.Fun can soon launch its own automated market manufacturer (AMM), according to a URL connected to the site. However, there has not been a public announcement yet.
AMM is an exchange system in cryptographic markets that facilitates trade by using a generally liquidity set, and at least two tokens. Instead of matching buyers and vendors as a traditional exchange, intelligent contracts establish prices based on supply and demand and allow operations to be processed without a counterpart.
The “AMM.pump.fun” shows an exchange product in manufacturing with a sales and purchase option along with a deposit and retirement function. That is the first time for Pump.fun, which allows anyone to issue a token for less than $ 2 in capital, after which they choose the amount of tokens, theme and image of memes to accompany it.
When the market capitalization of any Token reaches $ 69,000, a portion of liquidity is deposited in the Solana Exchange Raydium and burns (or when the tokens are permanently supplied).
Pump’s AMM herself would mean that the tokens no longer migrate to Raydium, or at least that is what the market thinks, cushioning the feeling of the latter’s ray tokens. Ray has dropped 25% in the last 24 hours in apparent development.
“It seems that they are planning that the pumping tokens graduate in their own pools instead of Raydium,” said Trader @Trenchdiver101, who first marked development. “They can extract more rates in Solana or have some mechanism to reward tokens headlines.”
Although a part of Raydium’s total commercial activity derives from the pump. Tokens fun, the exchange admits several other main markets, such as Solana (Sol) to Stablecoins and others, contributing to its $ 500 million in average daily negotiation volumes.
As such, the product could further increase pump income and profits. .
Pump.Fun has gained more than $ 550 million in total rates since March 2024, as shown in the data, with $ 2.4 billion in negotiation volumes in the last two weeks. More than 8 million tokens have been issued on the platform since its launch of 2024, with some, such as Fartcoin (FART), reaching billions of dollars in market capitalization.
