Raydium Unveils LaunchLab, a New Token Issuance Platform to Expand Solana’s DeFi Ecosystem
Raydium, one of Solana’s leading decentralized exchanges, is rolling out LaunchLab, a new token issuance platform designed to enhance on-chain liquidity and streamline token launches.
Following the announcement, Raydium’s native token (RAY) surged 13% in the last 24 hours, outperforming the CoinDesk 100 (CD100) index, which posted a modest 1.62% gain.
LaunchLab will introduce three distinct bonding curve models, allowing token issuers to fine-tune pricing based on demand. The platform will also enable third-party UIs to set custom fees, creating a more flexible launch environment.
LaunchLab vs. Pump.Fun: A Competitive Shift?
The upcoming product draws comparisons to Pump.Fun, the widely used token creation platform on Solana. However, Raydium’s developers emphasize that LaunchLab will offer additional customization and deeper liquidity integrations with its AMM v4, CP-Swap, and CLMM pools.
“We’re not here to compete with existing launchpads,” said Raydium developer @0xINFRA in a post on X. “LaunchLab is about making on-chain token launches easier and more accessible.”
Raydium currently generates over $1 million in daily trading fees across its liquidity pools. However, over 30% of Raydium’s trading volume in February came from Pump.Fun tokens, according to Dune Analytics.
Despite this reliance, Pump.Fun recently shifted away from Raydium by launching its own AMM, meaning its newly issued tokens will now trade directly on its platform instead of automatically being listed on Raydium.
Raydium Expands Its Role in Solana’s Growing DeFi Market
While LaunchLab’s interface may resemble Pump.Fun for user familiarity, Raydium insists it is not a simple fork.
“This is not a Pump fork. The proof-of-concept UI might look similar, but LaunchLab is built to be more versatile,” @0xINFRA clarified. “It’s the first of a suite of tools aimed at addressing diverse liquidity needs.”
Raydium’s expansion into the token issuance space marks a major step forward for Solana’s DeFi ecosystem. With LaunchLab set to launch in the coming weeks, the platform is poised to attract new token projects and deepen on-chain liquidity—reinforcing Raydium’s role as a cornerstone of Solana’s decentralized finance landscape.
