Raydium is developing a Meme coin issuance platform, LaunchLab, competing with Pump.fun
According to The Block, Solana's decentralized exchange Raydium plans to launch a Meme coin issuance platform "LaunchLab" to compete with Pump.fun.
Raydium's "LaunchLab" is essentially a fork of Pump.fun, but with some selective differences. It will adopt a similar logarithmic binding curve, but also allows third-party user interfaces to set fees and directly access Raydium's liquidity pool. Reportedly, the project has been in development for several months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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