pump.fun announces the launch of PumpSwap, which will enable a revenue-sharing mechanism

ChainCatcher news, pump.fun announced the launch of PumpSwap. The official statement indicates that from now on, all tokens that have completed binding curves will be directly migrated to PumpSwap. According to the official introduction, each transaction on PumpSwap will incur a fee of 0.25%, consistent with similar products. In the initial phase, the distribution of fees is as follows: 0.20% allocated to liquidity providers and 0.05% allocated to the protocol.

In addition, PumpSwap will enable a revenue-sharing mechanism in the future, allowing creators to receive a portion of the 25 basis points fee collected by the protocol on transactions. However, they did not disclose how much creators will receive or when this mechanism will officially take effect.