Raydium launches LaunchLab: Flexible token launch in response to waning interest in PumpFun

Raydium launches LaunchLab: Flexible token launch in response to waning interest in PumpFun

Raydium presents LaunchLab: A new alternative in the Solana ecosystem

Raydium, one of the most important DeFi platforms on Solana, has launched an innovative token introduction solution called LaunchLab. This new launchpad offers flexible options and customizable pricing models, making it directly compete with PumpFun, the previously dominant portal in the memecoin market.

Declining interest in PumpFun

In recent months, PumpFun has been the platform of choice for numerous projects looking to launch their tokens quickly and easily. However, the situation has changed significantly since February 2025. According to data from Dune Analytics, the token graduation rate on PumpFun fell below 1% for four consecutive weeks starting February 17, 2025. This particularly affects those tokens that have successfully completed the incubation phase and are now fully traded on the Solana DEX. This development indicates that many investors no longer support PumpFun's presented model.

Additionally, it's noted that PumpFun's daily revenue has dropped by an impressive 95% over the past month. While revenue of around 12,000 SOL (around $2 million) was generated in February, this fell dramatically to just 1,000 SOL (around $100,000) in March.

Flexibility and customization options with LaunchLab

With the establishment of LaunchLab, Raydium sees the opportunity to provide developers with a more flexible and customizable platform. The new Launchpad not only offers the already established functions, but also allows additional customization for projects that want to publish their tokens.

A particularly interesting aspect of LaunchLab is the choice of different pricing models, including linear and exponential bond curves. Additionally, third-party users can create their own fee structures, giving projects greater control over their launch process. This more open approach could appeal to developers who have been hesitant to work with this platform due to PumpFun's limitations.

Strategic timing and market positioning

The timing of LaunchLab's launch could turn out to be strategic. While PumpFun is in a critical phase, Raydium has been actively trading to fill a gap in the market. Interestingly, this decision was also influenced by the news that PumpFun wants to develop its own Automated Market Maker (AMM), which reduces its dependence on Raydium's liquidity.

This creates direct competition between two major players in the Solana ecosystem and could lead to different outcomes. If LaunchLab's efforts to attract new projects are successful, it could significantly threaten PumpFun's market share.

Reactions from the crypto community

The crypto community on Solana reacts differently to the launch of LaunchLab. Some members are optimistic and see the new platform as an opportunity to introduce innovative projects. On the other hand, there is also skepticism as to whether LaunchLab can actually offer a better alternative to PumpFun.

At the time of reporting, RAY's price was $1.94, up 3.77% in the last 24 hours and up 23.05% in the last 7 days.

Overall, LaunchLab offers fresh perspectives to the innovation landscape in the Solana ecosystem, while PumpFun continues to fight for its relevance.