- TRON DAO teams up with pump.fun to launch PumpSwap, enhancing liquidity and access.
- PumpSwap’s integration with pump.fun improves liquidity management and user experience.
- TRON and pump.fun boost crypto adoption with cross-chain liquidity through PumpSwap.
TRON DAO has announced a major collaboration with pump.fun, the leading crypto token launchpad, to power the launch of PumpSwap. This new decentralized exchange (DEX) aims to redefine liquidity access and cross-chain interoperability. With its seamless integration, PumpSwap will serve as a key onramp for the growing Web3 ecosystem. This will make it easier for users to buy and trade tokens across different networks.
PumpSwap DEX Integration
Integrated with pump.fun specifically, PumpSwap has feature advantages that are not seen in traditional DEXs. It helps token creators manage the liquidity instantly by doing away with the migration of tokens. This approach directly provides more efficient, less obstructive liquidity provision, which benefits creators and traders alike. Compared to traditional exchanges, the platform allows for smoother and instantaneous trading and management of tokens.
Furthermore, a new feature of pump.fun will be a revenue-sharing model that the platform plans to implement soon. This model enables elected token creators to receive profits from the fees incurred in the tokens they create. It also synchronizes the long-term interests of creators and holders for better sustainability of meme coins and other tokens.
While pump.fun was previously centered around meme tokens, it now aims to become the main personality in promoting the use of cryptocurrencies. TRX also indicates that the platform is aiming at being a link between two blockchain ecosystems, by partnering with it. It will also help in cross-chain liquidity through the integration of LayerZero and Wormhole in bridging different blockchains. Justin Sun, the founder of TRON, emphasized the importance of this collaboration, He stated:
TRON remains dedicated to driving blockchain innovation and expanding accessibility across the Web3 ecosystem.
Alon Cohen, co-Founder of pump.fun, shared his enthusiasm, stating that pump.fun has made token creation more accessible, democratizing the process. He added that through partnerships, cross-chain liquidity can be enhanced thereby fostering an interconnected crypto community.
Related: Pump.fun Unveils PumpSwap to Cut Costs and Up Token Trading
TRX Now on Phantom
In a recent development, TRX is now available on Phantom. In an X post on Friday, Justin Sun stated, “TRX on Phantom! Looks very cute!” This adds another layer of accessibility for TRON users, further cementing its role in the growing Web3 ecosystem. Over time, PumpSwap broadens its strategic goal of being the primary liquidity center. Such on- and off-rampways would help increase accessibility cross different blockchains and strengthen the Web 3.0 and the decentralized finance world.
