A Look Into pump.fun

DeFi ProtocolsJuly 25, 2024, 9:08AM EDT
A Look Into pump.fun
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pump.fun is a launchpad protocol on Solana that enables users to buy or create a fair-launch token based on a bonding curve.

For a particular token, pump.fun’s bonding curve ensures that as more tokens are bought, the price per token increases exponentially according to a predetermined formula, and conversely, as tokens are sold, the price decreases.

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