Raydium, one of the biggest DeFi platforms on Solana, has just launched its own memecoin launchpad called LaunchLab — a move that comes right after its split with Pump.fun, which had previously been a key partner.
The new platform, which went live on April 16, lets anyone create and trade their own tokens directly on the Solana blockchain with minimal setup. It’s built to connect straight to Raydium’s liquidity pools, meaning tokens can start trading almost immediately after launch.
There’s a clear incentive too: any project that raises at least 85 SOL (roughly $11,150 at current prices) gets automatically added to Raydium’s AMM, giving it deeper liquidity from day one.
LaunchLab also brings in some developer-friendly features like adjustable bonding curves, 1% trading fees, and zero migration costs — all aimed at making it easier for teams to build without dealing with too much technical friction. Within just a few hours of launch, over 10 projects had already cleared the 85 SOL mark, showing that early interest is real.
This rollout didn’t come out of nowhere. Back in March, Pump.fun — which had long depended on Raydium’s liquidity — launched its own DEX called PumpSwap. That announcement effectively ended their partnership, which had been a strong source of traffic for Raydium.
Around the same time, signs started to emerge that Raydium was quietly working on its own launchpad, though the team had kept it under wraps to avoid looking like they were competing head-on with Pump.fun.
Now, LaunchLab is out in the open. While it still doesn’t have features like live streaming, which Pump.fun briefly suspended last year after some wild misuse — it offers a cleaner, more direct way to launch tokens.
The news also gave a quick boost to the market. Raydium’s token RAY jumped 13% after the announcement, and Solana’s own token SOL rose about 4% in just three hours, going from $124.68 to $129.28. All signs point to LaunchLab making an immediate impact — and maybe kicking off a new phase in Solana’s memecoin game.
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