- Raydium has launched its in-house memecoin platform, LaunchLab
- The platform is meant to compete with Pump.fun
- Raydium and Pump.fun have been at loggerheads after Pump.fun said it’s creating its own DEX
Four weeks after revealing that it’s working on a memecoin platform to rival Pump.fun, Raydium has unveiled LaunchLab. Raydium said the platform supports token creators, traders, and third-party platforms, adding that “LaunchLab is flexible, composable, and ready for anyone to build, launch, or ape in.” LaunchLab is largely interpreted as Raydium’s response to Pump.fun ditching the DEX in favor of its own DEX, PumpSwap, which has processed trades worth over $7.5 billion in barely a month since its launch late last month.
Free Migration to Raydium
In an X post, Raydium said that its all-in-one token launchpad allows users to easily and seamlessly create on-chain tokens and offers free migration to the DEX when a token reaches a market cap of 85 SOL. LaunchLab also allows creators to develop tokens within minutes, even if they don’t know how to create smart contracts.
Get started with JustSendIt mode:
1️⃣ Launch a token
2️⃣ Hit 85 SOL
3️⃣ Liquidity migrates to Raydium’s AMM INSTANTLYSeamless, on-chain token creation. No migration fee.
No gatekeepers. JustSendIt™ energyhttps://t.co/H6i37TBLHf— Raydium (@RaydiumProtocol) April 16, 2025
Raydium noted the platform doesn’t have “gatekeepers,” adding that creators can choose to earn 10% of trading fees from the “AMM pool” once their tokens enter active trading on the exchange.
LaunchLab sends a “special Fee Key NFT” to a creator as a sign that the creator wants a share of the fees generated from trading their tokens. Only the wallet holding the NFT can claim the fees.
“JustSendit” and “LaunchLab” Modes Available
According to Raydium, creators can choose between “JustSendit” and “LaunchLab” mode with the former mode having fewer steps when launching a token. The LaunchLab mode, on the other hand, is ideal for users who want “full customization of token and curve parameters.”
LaunchLab comes as new token listings on Pump.fun drop by more than 80%. It also comes as Pump.fun-like platforms continue to flood other chains like Bitcoin and BNB Chain.
With Pump.fun basking in the shadow of its former glory, it remains to be seen whether LaunchLab will become the next top memecoin platform.
