Solana-based decentralized exchange Raydium has officially announced the launch of its new token launchpad, called LaunchLab.
The news comes on the heels of its split with Pump.fun, which recently launched its own decentralized exchange, ending its partnership with Raydium.
Introducing LaunchLab, Raydium’s all-in-one token launchpad.
Built for Creators, Developers, and the Community
— Raydium (@RaydiumProtocol) April 16, 2025
LaunchLab was developed to provide a more complete and customizable experience for token creators. Among the features available, LaunchLab allows you to adjust the total token supply, define the bonding curve, set the volume of SOL to be raised before liquidity is migrated to Raydium’s automated market maker, and includes options for gradual token vesting and migration fee splitting.
In contrast, Pump.fun continues to take a more streamlined approach, allowing only aesthetic customizations. This simplicity has helped it attract large-scale users since 2024, but it may alienate projects seeking more control over tokenomics and distribution structure.
Raydium’s pseudonymous leader, known as Tom, said LaunchLab is just the beginning of a broader set of tools for launching on the Solana network. The launch, which was originally scheduled for April 2, was delayed to align strategic partnerships with the likes of BullX and Jupiter.
The team is also collaborating with about 10 external groups that plan to use LaunchLab’s infrastructure to develop their own applications and distribution models, another collaborator, Stendhal, revealed.
As of March 20, tokens launched by Pump.fun have been exclusively closed on PumpSwap, while Raydium now offers a robust alternative with advanced solutions for token launches and swaps.