Raydium LaunchLab adds support for any token pair on Solana

Raydium has expanded LaunchLab to help buying and selling between any token pair, with LaunchOnSF’s StonkFun changing into the primary integration to make use of the brand new system on Solana.

In keeping with Raydium’s Sept. 7 announcement on X, LaunchLab can now pair a newly launched token with any quote token supported by Raydium, eradicating the fastened pairing construction utilized by many token launch platforms. Raydium mentioned the improve brings extra versatile token pairing, deeper liquidity and decrease charges for memecoin buying and selling.

LaunchOnSF confirmed that its StonkFun platform is the primary integration accomplice to carry the characteristic dwell. Its crew spent the earlier week getting ready the mixing, which required adjustments throughout Raydium’s packages, buying and selling terminals and aggregators earlier than customized quote tokens might be supported.

Raydium LaunchLab now helps customized token pairs

Beneath the brand new system, creators can choose the quote token used for a LaunchLab deployment, permitting communities to construct markets round belongings apart from the usual quote tokens generally used for brand new Solana launches.

Raydium described the characteristic as the power to launch “any token, paired with any quote token.” LaunchOnSF mentioned Raydium up to date its packages to accommodate customized quote and reward tokens, whereas aggregators and buying and selling terminals wanted to help routing for the ensuing pairs.

The combination covers permissionless deployments, bonding curves and fixed product market maker swimming pools. LaunchOnSF mentioned deployment prices by StonkFun have been lowered to 0.03 $SOL from 0.29 $SOL, whereas liquidity supplier charges could be directed again into liquidity.

Builders do not need to make use of the StonkFun API to deploy tokens and may assemble transactions themselves. LaunchOnSF mentioned the system was constructed to cut back issues it had encountered with snipers and launches concentrated in a single pockets.

Forward of the mixing, StonkFun reported greater than $392 million in complete buying and selling quantity, together with roughly $219 million routed by Raydium. The platform had generated $1.21 million in income and distributed greater than $5.35 million in rewards to ecosystem holders.

Greater than $705,000 had been spent on buybacks and burns of its ecosystem token, whereas one other $68,000 went towards shopping for and burning tokens from its 10 largest ecosystem initiatives, in accordance with figures printed by LaunchOnSF.

LaunchLab adopted Pump.enjoyable’s transfer away from Raydium

Raydium first disclosed LaunchLab in March 2025 after Pump.enjoyable started working by itself automated market maker. The platform provided creators completely different pricing curves and allowed third occasion interfaces to construct on the underlying infrastructure and set their very own transaction charges.

Crypto.information beforehand reported on Raydium’s LaunchLab plans in March 2025. An nameless Raydium developer mentioned on the time that the product had been below improvement for a number of months however had initially been stored on the sidelines whereas Pump.enjoyable continued utilizing Raydium for liquidity.

LaunchLab formally went dwell in April 2025, permitting customers to create, customise and commerce tokens by Raydium. Tasks crossing the unique 85 $SOL threshold have been mechanically moved into Raydium’s automated market maker.

Raydium launched customizable bonding curves, no migration price and a 1% buying and selling charge below the preliminary mannequin. The protocol mentioned 25% of buying and selling charges collected by LaunchLab can be used to purchase again $RAY.

Greater than 10 initiatives had handed the 85 $SOL threshold shortly after LaunchLab opened, whereas $RAY rose roughly 13% following the launch earlier than giving again a part of the transfer.

LaunchLab arrived after Pump.enjoyable modified a relationship that had directed a gentle circulate of newly created memecoins towards Raydium.

Tokens launched by Pump.enjoyable had traditionally moved into Raydium liquidity swimming pools after finishing their bonding curves. Pump.enjoyable started testing its personal automated market maker in February 2025, opening a path for graduated tokens to stay inside its personal buying and selling infrastructure.

PumpSwap ended Pump.enjoyable’s reliance on Raydium

Pump.enjoyable formally moved away from the earlier setup when it launched the PumpSwap DEX in March 2025.

Constructed round a continuing product automated market maker just like Raydium v4 and Uniswap v2, PumpSwap allowed tokens finishing Pump.enjoyable bonding curves emigrate on to its personal liquidity swimming pools. Customers might create swimming pools, present liquidity and commerce tokens with out sending graduated launches to Raydium.

PumpSwap launched prompt migrations and eliminated the six $SOL migration charge beforehand related to the method. The platform initially charged 0.25% on trades, allocating 0.20% to liquidity suppliers and 0.05% to the protocol.

Buying and selling exercise climbed shortly. PumpSwap captured 21% of Solana DEX buying and selling a couple of week after launch, with cumulative quantity exceeding $1.2 billion. Raydium remained forward with a 57.4% share on the time.

By March 30, PumpSwap had recorded $2.43 billion in quantity, alongside $5.4 million in protocol charges, round 700,000 lively wallets and 30.59 million swaps. Raydium accounted for 74% of Solana DEX quantity on that date, in contrast with PumpSwap’s 8%.

Raydium had entered the competition from a powerful place in memecoin buying and selling. A CEX.io report confirmed its memecoin quantity share rising from 77% to 83% through the first quarter of 2025.

Pump.enjoyable was chargeable for greater than half of each day SPL token creation on the time, with tokens beforehand flowing into Raydium after assembly Pump.enjoyable’s commencement necessities. That pipeline modified as soon as PumpSwap started taking the migrations immediately.

Raydium stays a serious Solana buying and selling venue

Regardless of heavier competitors amongst Solana exchanges and launchpads, Raydium has remained one of many community’s largest execution venues.

Throughout 2025, the protocol processed $352.8 billion in execution layer DEX quantity. Meteora adopted with $113.7 billion, whereas Orca and SolFi recorded $103.9 billion and $97.9 billion, respectively.

Newer exercise has remained unfold throughout a number of Solana venues. On Aug. 21, 2026, Solana generated roughly $2.8 billion in each day decentralized alternate spot quantity. PumpSwap processed roughly $485 million, adopted by BisonFi at $466 million, Orca at $307 million, Raydium at $260 million and Manifest at $218 million.

The 5 platforms collectively accounted for roughly $1.74 billion of the community’s each day complete.

LaunchLab’s newest replace adjustments the kind of markets that may be created by Raydium’s launch infrastructure. As a substitute of requiring creators to launch towards a predetermined quote asset, StonkFun deployments can choose one other supported token and carry that pairing by the bonding curve and subsequent liquidity setup.

Raydium ecosystem contributor Infra mentioned the construction lets a group pair a meme token with one other asset its customers already observe and use the identical asset for rewards. LaunchOnSF turned the primary accomplice to place that mannequin into manufacturing by StonkFun following the Sept. 7 rollout.