Solana DEX Raydium plans to roll out LaunchLab, a meme coin launchpad that could compete with Pump.fun. The report follows rumors of Pump.fun developing its own AMM liquidity pools.

The arrival of LaunchLab on April 16 comes a month after Pump.fun, previously a key contributor to Raydium’s revenue, severed ties with the firm by moving its token migration from Raydium’s ...