Raydium, a Solana-based decentralized exchange, has launched LaunchLab, a new token issuance platform, in response to Pump.fun's recent move to establish its own decentralized exchange, PumpSwap. This strategic development aims to enhance Raydium's revenue streams and maintain its competitive edge in the Solana ecosystem, particularly in the memecoin market. The introduction of LaunchLab signifies Raydium's commitment to expanding its influence in the decentralized finance space, as it seeks to become a central player in Solana's asset issuance landscape. Meanwhile, 21Shares has included Raydium in its new crypto exchange-traded products, highlighting the growing interest in decentralized protocols and their potential for innovation.
Raydium's LaunchLab: A Game Changer for RAY Token
October 12, 2025
1 min read
Raydium, a Solana-based decentralized exchange, has launched LaunchLab, a new token issuance platform, in response to Pump.fun's recent move to establish its own decentralized exchange, PumpSwap. This strategic development aims to enhance Raydium's revenue streams and maintain its competitive edge in the Solana ecosystem, particularly in the memecoin market.