Glossary
PumpSwap
Also written or said as: pump swap, pump amm, pumpswap pool
pump.fun's own DEX, where its coins trade after they graduate.
PumpSwap launched in March 2025, and since then graduating pump.fun coins move into a PumpSwap pool straight away. It is an AMM: you trade against a pool and pay a small fee on each swap, part of which goes to the coin's creator. Coins that graduated before it existed may still trade on Raydium.
Learn it properly inGraduation: what happens and what changesLaunchpads and the bonding curve · 4 min readRelated words
This guide is for learning. It is not financial advice. Most memecoins go to zero and most people who trade them lose money. Only ever trade what you can afford to lose.