Pump.fun Eyes Own AMM, Thwarts Bybit Hacker’s Laundering Attempt

• Pump.fun tests AMM liquidity pool to replace Raydium and retain transaction fees.
• Platform blocks hackers laundering funds from the $1.4B Bybit hack via meme coins.
• Pump.fun focuses on organic meme token growth while tackling pump-and-dump schemes.

Pump.fun is currently testing an automated market maker (AMM) liquidity pool on its testnet, with plans to replace Raydium as its third-party liquidity supplier. 

According to blockchain researcher @trenchdiver101, as reported by Colin Wu, this move will create a more efficient system for meme tokens to migrate from Raydium to Pump.fun’s internal liquidity pool. If this works, this new function could help Pump.fun keep a larger share of transaction fees and maybe introduce a reward system for token holders. 

Pumpfun is developing its own AMM function and is currently testing it on its testnet, according to @trenchdiver101. This move may be to allow some meme tokens to migrate from Raydium to its own liquidity pool to extract more transaction fees or design a mechanism to reward token…

— Wu Blockchain (@WuBlockchain) February 24, 2025

AMM Test as Meme Coins Drive DEX Volumes

Pump.fun’s decision to tes…

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