Raydium token RAY ‘falling off a cliff’ as Pump.fun rumored as testing AMM
The token for the Solana-based decentralized exchange (DEX) and automated market maker (AMM) Raydium dived on Feb. 24 amid speculation that the memecoin launchpad Pump.fun is working on a similar AMM ...
Live Bitcoin News17d
Pump.fun Testing In-House AMM to Replace Raydium
The new AMM is in internal testing and, if released, may change the dynamics of liquidity in the Solana ecosystem. At present, only a minority of tokens from Pump.fun transfer to Raydium. By retaining ...
Business Insider19d
Raydium’s RAY Dives 25% as Pump.Fun Appears to Test Own AMM Exchange
When the market capitalization of any token reaches $69,000, a portion of liquidity is deposited to the Solana-based exchange Raydium and burned (or when tokens are taken out of supply permanently).