Pump.fun Eyes Own AMM, Thwarts Bybit Hacker’s Laundering Attempt
- Pump.fun tests AMM liquidity pool to replace Raydium and retain transaction fees.
- Platform blocks hackers laundering funds from the $1.4B Bybit hack via meme coins.
- Pump.fun focuses on organic meme token growth while tackling pump-and-dump schemes.
Pump.fun is currently testing an automated market maker (AMM) liquidity pool on its testnet, with plans to replace Raydium as its third-party liquidity supplier.
According to blockchain researcher @trenchdiver101, as reported by Colin Wu, this move will create a more efficient system for meme tokens to migrate from Raydium to Pump.fun’s internal liquidity pool. If this works, this new function could help Pump.fun keep a larger share of transaction fees and maybe introduce a reward system for token holders.
AMM Test as Meme Coins Drive DEX Volumes
Pump.fun’s decision to tes…
The post Pump.fun Eyes Own AMM, Thwarts Bybit Hacker’s Laundering Attempt appeared first on Coin Edition.
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The Pump.fun Effect: How Instant Meme Coins Defined, Then Damaged Q1
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Pump.fun Eyes Own AMM, Thwarts Bybit Hacker’s Laundering Attempt
- Pump.fun tests AMM liquidity pool to replace Raydium and retain transaction fees.
- Platform blocks hackers laundering funds from the $1.4B Bybit hack via meme coins.
- Pump.fun focuses on organic meme token growth while tackling pump-and-dump schemes.
Pump.fun is currently testing an automated market maker (AMM) liquidity pool on its testnet, with plans to replace Raydium as its third-party liquidity supplier.
According to blockchain researcher @trenchdiver101, as reported by Colin Wu, this move will create a more efficient system for meme tokens to migrate from Raydium to Pump.fun’s internal liquidity pool. If this works, this new function could help Pump.fun keep a larger share of transaction fees and maybe introduce a reward system for token holders.
AMM Test as Meme Coins Drive DEX Volumes
Pump.fun’s decision to tes…
The post Pump.fun Eyes Own AMM, Thwarts Bybit Hacker’s Laundering Attempt appeared first on Coin Edition.
Read More
The Pump.fun Effect: How Instant Meme Coins Defined, Then Damaged Q1