GUIDES · PUMPSWAP
What is PumpSwap?
PumpSwap is Pump.fun’s own decentralised exchange on Solana. When a Pump.fun coin graduates from its bonding curve, its trading moves to a PumpSwap pool.
Why it exists
Graduated coins used to move to Raydium. Pump.fun launched PumpSwap in 2025 so graduated coins stay inside its own ecosystem.
Bonding curve vs PumpSwap
- On the curve: a fixed formula sets the price.
- On PumpSwap: a liquidity pool sets the price, as on other Solana exchanges.
How to trade on PumpSwap
You can trade graduated coins on Pump.fun’s own site, or through trading apps such as Terminal that route orders to PumpSwap pools. Fees can change, so check Pump.fun’s fee info before you trade.
This is information, not financial advice. Crypto trading can lose you money.