Pumpdotfun has now launched its native decentralized exchange (DEX), PumpSwap, created to contest with the existing automated market makers (AMMs) like those on Solana. The decentralized finance (DeFi) space is burgeoning, and with it, this new offering from Pumpdotfun comes with a handful of enticing features that aim to draw in traders and liquidity providers. Once powered up, the PumpSwap DEX does its thing with the protocol’s liquidity pools, which are the real secret sauce here and do the heavy lifting when it comes to token swaps and delivering an overall improved trading experience. Pumpdotfun’s launch of PumpSwap is a
The post Pumpdotfun Launches PumpSwap: A New DEX to Rival Solana’s AMMs appeared first on The Merkle News.
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Although decentralized finance (defi) platforms have traditionally focused more on maintaining liquidity and volumes in their respective pools, Ran Hammer, the vice president of business development at Orbs, believes that “the future of defi hinges on liquidity aggregation.” According to Hammer, this shift is evidenced by the emergence of dominant aggregators that optimize trades by […]
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