Solana -based Token Export Platform Pump.fun’un automatic market -maker (AMM) system can be available. Although there is no official statement yet, some tips on AMM were shared over a connection of the platform. The new system can make token transactions more efficient on the platform and offer additional earnings to users.
How will the AMM system work?
AMM is a market model that allows token transactions to be made through smart contracts. In traditional stock exchanges, the buyer and seller matches the transactions, while prices in the AMM system are determined by algorithms. Thus, purchase and sale can be made without the need for any other party.
The product developed by Pump.fun will include purchase and sale as well as deposit and pull functions. This means an innovation for the system, which offers the opportunity to creat a token at low cost on the platform. Users will be able to perform transactions by selecting the theme, number and visuals of the tokens through the platform.
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Effect on Raydium and Market Reflections
When Pump.fun was created on the platform, the tokens created on the platform reached a market value of $ 69,000, transferring some of the liquidity to the solened -based decentralized stock market Raydium. However, the commissioning of the new AMM system may mean that the tokens are directed to Pump.fun into their pools instead of Raydium.
This change may have led to Raydium’s local Token Ray’s depreciation of approximately 25 %in the last 24 hours. Trader @Trenchdiver101, on development, “Pump Token’s Raydium is planned to be transferred to their own pools. In this way, more trading fees can be collected on solelana or mechanisms can be created for token owners. ” He said.
Raydium, as well as Pump.fun Token, as well as Solana and Stabilcoins, as a platform that supports various assets, it reaches a daily transaction volume of $ 500 million per day. This shows that both platforms play an important role in liquidity management.
Although Pump.fun has not yet released an official token, it is among the platforms that generate large income. Since March 2024, over $ 550 million has been collected and the transaction volume of $ 2.4 billion in just two weeks has been realized. More than 8 million token was created by users and some tokens gained billions of dollars.
The AMM system, which is being developed, can offer transaction fees and reward mechanisms that can create additional revenue for users. This move of Pump.fun is considered a step to increase liquidity management and process efficiency on the platform.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
