The tokest emission platform based in Solana Pump. However, there has not yet been a public announcement.
AMM is an exchange system on cryptographic markets that facilitate trading using a pool of liquidity usually, and at least two tokens. Instead of matching buyers and sellers as a traditional exchange, intelligent contracts have set prices according to supply and demand and make it possible to process transactions without compensation.
The “amm.pump.fun” shows an exchange product in manufacturing with an option to sell and purchase alongside a deposit and withdrawal function. This is a first for Pump.fun, which allows anyone to issue a token for less than $ 2 in capital, after which they choose the number of tokens, theme and image of the same to accompany it.
When the market capitalization of any token reaches $ 69,000, part of the liquidity is deposited in the exchange of Solana Raydium and burned (or when the tokens are removed from the offer permanently).
The own pump tokens. Ray is down 25% in the last 24 hours on apparent development.
“It seems that they plan to make sure that the pumping tokens graduate in their own swimming pools instead of Raydium,” said trader @ trenchiver101, which reported the development. “They can either extract more costs on Solana, or have a mechanism to reward chip holders.”
Although part of the total raydium trading activity is derived from Pump. Dollars in average daily trading volumes.
As such, the product could further increase the income and profits of Pump.fun, which does not have a token but is among the most profitable crypto applications during the past year – a rare feat on a Market where companies strongly depend on tokens sales to generate income.
Pump.fun has pocketed more than $ 550 million in fees since March 2024, the data has shown, with $ 2.4 billion in negotiation volumes in the past two weeks. More than 8 million tokens have been issued on the platform since its launch in 2024, with some, such as Fartcoin (Fart), reaching billions of dollars in market capitalization.
