DEX
Pump.fun testing AMM potentially to replace Raydium
Published
2 months agoon
By
admin

Pump.fun, the popular Solana-based memecoin launchpad, is reportedly testing its automated market maker which could replace Raydium as the default decentralized exchange for graduated tokens.
The development was first spotted by X news aggregator platform Aggr News, which took notice of amm.pump.fun, a new liquidity pool under internal testing. If implemented, Pump.fun’s in-house AMM would allow the platform to capture more fees, potentially impacting trading fees on Raydium (RAY)
The shift comes as memecoins continue to command huge volumes in the DEX market. Pump.fun has already generated over $500 million in total swap fees, according to DeFiLlama. Currently, about 1.4% of tokens launched on the platform migrate to Raydium, meaning an in-house AMM could help keep more liquidity within the ecosystem.
The X community is speculating that this development could also pave the way for additional features like memecoin perpetuals and lending. Raydium could see a 30-50% drop in trading volume if Pump.fun moves forward with the transition. This would greatly impact Raydium’s market position. Raydium’s token, RAY, is already down 20% in the last 24 hours in reaction to the news, according to CoinGecko.
Beyond its liquidity shift, Pump.fun has been in the news for stopping a hacker connected to the recent $1.4 billion Bybit hack from laundering funds on the platform. Pump.fun blocked the attacker’s ability to transfer assets via Pump.fun’s infrastructure and stopped them from laundering stolen money through a memecoin launch.
Through a coin called “QinShihuang (500000),” the hacker had already pushed over $26 million in trade volume before being banned. According to blockchain data, the attacker moved 60 SOL to a different wallet before launching the token on Pump.fun, perhaps to mix and hide the stolen assets.
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DeFi
Berachain rolls out next phase of proof-of-liquidity system
Published
3 weeks agoon
March 24, 2025By
admin

Berachain is rolling out the next phase of its proof-of-liquidity system, expanding governance and emissions beyond its native BEX pools.
Up until now, only Berachain’s (BERA) native exchange, BEX, was used to distribute rewards. Other decentralized applications will be able to apply for incentives through new reward vaults starting on Mar. 24, according to Berachain’s official announcement. This will help them expand by drawing liquidity.
https://twitter.com/berachain/status/1902854165883167167?s=46&t=nznXkss3debX8JIhNzHmzw
Liquidity pools from multiple decentralized finance platforms have been included in the initial set of vaults, with more to be added later. This has opened up a more transparent system where users have more control over how incentives are allocated and projects vie for rewards.
With Berachain’s PoL model, assets remain active in DeFi, in contrast to traditional proof-of-stake blockchains, where users lock up tokens for security. Network activity is limited in PoS systems because staked tokens are frequently not available for lending or trading.
The system used by Berachain ensures that validators send back some rewards to the network rather than keeping them. Applications that boost activity on the blockchain and aid in its growth receive these rewards. The governance token, BGT, gives holders the ability to vote on which validators and projects receive support, thereby determining how these rewards are distributed.
The first approved vaults focus on DEX liquidity pools, which allow users to swap tokens easily. These pools were selected based on their liquidity, security, and importance to the network. Liquidity pairs on BEX, Kodiak, Beradrome, and other protocols featuring key assets like BERA, HONEY, and BGT, as well as major stablecoins, are among the first approved vaults.
Berachain has grown rapidly since launching its mainnet on Feb. 6. The platform now has $3.1 billion in total value locked and almost $1 billion in circulating stablecoins. The trading volume in February alone was $1.9 billion, according to DefiLlama data.
Following launch, BERA hit an all-time high of $18.82 before falling to its present range of $6.03–$6.93. The network has a fully diluted volume of $3.37 and a $728 million market capitalization as of Mar. 24. The new governance initiative is expected to attract more users and contribute to further growth of the blockchain.
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DEX
First meta-DEX aggregator Titan launches on Solana
Published
3 weeks agoon
March 24, 2025By
admin

Titan, Solana’s first meta-decentralized exchange aggregator, has launched its beta platform, giving private access to a select group of users.
According to a Mar. 23 press release, Titan operates as a layer above standard DEX aggregators like Jupiter (JUP) and DFlow. To ensure traders receive the best price with no fees, it aggregates quotes from all available DEX aggregators rather than just sourcing liquidity from different DEXs.
In addition to aggregation, Titan introduces Talos, a proprietary routing algorithm that, according to the press release, outperforms competitors 80% of the time. Compared to current Solana (SOL) solutions, Talos analyzes more liquidity sources and optimizes routing at a granular level to enhance trade execution.
Quote slippage caused by execution delays is a major problem with on-chain swaps. Because Solana transactions take around 10 seconds (25 blocks) to complete, the price may fluctuate before the trade is executed. Titan wants to address this issue by continuously updating quotes in real-time to provide traders with the most accurate pricing.
“Titan’s aim is to provide DeFi traders with the best possible prices while abstracting away the complexity involved. Today, crypto trading lags behind traditional markets in its order placement design. It’s time for us to upgrade our infrastructure and close this gap, and that’s what Titan is designed to do.”
— Chris Chung, CEO and co-founder of Titan
Titan previously raised $3.5 million in a September 2024 pre-seed round, backed by Round13 Digital Asset Fund and Beluga Labs.
Solana is seeing record adoption alongside Titan’s launch. According to Ali Charts Mar. 22 post on X, the network now has over 11 million wallets holding SOL. Solana continues to lead in DEX trading volume, which hit a record $258 billion in January before cooling off to $105 billion in February amid a broader market downturn.
Impressively, the stablecoin market cap on the network has grown to $12.36 billion, a three times increase from December 2024, according to DefiLlama data. Despite this growth, SOL’s price has seen volatility. It peaked at $298.31 in January before dipping to $118 on Mar. 11.
The price has rebounded to $133 as of press time. With rising institutional interest, analysts speculate SOL could push toward the $300 mark in the coming months.
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Airdrop
Meteora shares two proposals on MET token allocation
Published
3 weeks agoon
March 21, 2025By
admin

Meteora, the popular decentralized exchange on Solana, has put forward two proposals for adjusting MET token allocation.
According to Meteora’s Mar. 20 post on X, these changes aim to make liquidity provider rewards fairer, support new token launches, and secure long-term incentives for the team. The first proposal suggests revising the LP Stimulus Plan.
Originally, 10% of the MET supply was set aside to reward liquidity providers, but since the program has been running longer than its expected December 2024 end date, Meteora wants to increase this to 15%. This adjustment ensures that early and new LPs receive rewards without devaluing tokens.
The first two proposals are live on https://t.co/OeTKWfH27W.
These proposals address key community concerns about the LP Stimulus Plan, M3M3 and more.
Watch the community call to see @0xSoju & @0xmiir go through these proposals live.
— Meteora (@MeteoraAG) March 20, 2025
Early contributors will receive 2% of MET under the updated plan, while all LPs will receive 8% equally. The original points multiplier system has been replaced by this. An extra 3% of MET will go to Launch Pools and Launch Pads in order to avoid reward dilution for retail LPs.
The second proposal focuses on the team. Meteora plans to allocate 20% of the MET supply to its team, with a six-year vesting period to maintain long-term commitment. Within this, 2% will go to M3M3 token holders. M3M3 is Meteora’s stake-to-earn platform, which lets users earn fee rewards from permanently locked liquidity pools.
This move follows the mismanagement of M3M3 by its original creators, which led to investor losses. To maintain fairness, the distribution will be based on two snapshots and wallets connected to questionable activity will be blocked.
Meteora has experienced rapid growth in the past few months. According to DeFiLlama data, the platform’s trading volume surged 33 times, from $990 million in December 2024 to $33 billion in January 2025.
Due to its rapid growth, Meteora now holds a 9% market share and is ranked fourth among DEXs by trading volume. While the broader DEX market was on a downturn, Meteora raked in $195 million in monthly fees in February.
Despite its achievements, Meteora is currently facing legal issues that may impact its future. Burwick Law, a New York law firm, filed a class-action lawsuit against Meteora, KIP Protocol, and Kelsier Ventures on Mar. 13. According to the lawsuit, they defrauded retail traders and misled investors by manipulating liquidity during the LIBRA token launch.
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