Differences between Pumpfun and PumpSwap: key points to understand them

If you are starting in the world of meme coins, it is completely normal to confuse Pumpfun and PumpSwap frequently. But there is nothing to worry about, because here we will explain the differences between Pumpfun and PumpSwap (and how to take advantage of each one).

Before continuing, we advise you to check out our blog, as you will find very useful information on Smithii, as well as powerful tools to launch your project on Solana or other blockchains. Read on!

Pumpfun Vs PumpSwap: what are their differences?

The first thing we want to do, is to get you out of the doubts. There are many differences between Pump.fun and PumpSwap, but both are platforms created by the same team of developers. This is why you may confuse the two, especially when you don't know much about either.

Anyway, in the following table you will find all the differences summarized and we will go deeper into each one later on.

What is Pump Fun?

Pump Fun is the most popular decentralized meme coin launchpad on Solana, with thousands of projects having launched (and concluded) on this platform. Essentially, you can list a meme coin, allowing others to discover the project and acquire the desired number of tokens.

The advantage of Pump.fun that, unlike creating a meme coin Solana scratch, you don’t need to launch a liquidity pool for others to buy your meme coin. Instead, Pump Fun an initial amount of liquidity provided by the platform itself. However, you won’t be able to manage that liquidity in any way.

What is PumpSwap?

Pump Swap is a DEX developed by the same team behind Pump.fun. It facilitates the exchange of various tokens and the creation of liquidity pools. Comparatively, its function mirrors that of Raydium, Solana's largest DEX, or Jupiter, another highly recognized and increasingly adopted DEX.

PumpSwap's platform was launched at the end of March 2025, but its numbers are very impressive and it is quickly gaining ground on other decentralized exchanges.

Comparison between Pumpfun and PumpSwap

Having clarified the above, let's compare both platforms and what are the features that differentiate one from the other. Let's start then.

What is it for?

As we mentioned at the beginning, although PumpFun and PumpSwap are created by the same team, their utility is radically different. The last mentioned is a DEX that allows the exchange of tokens in Solana of all kinds, create or add liquidity and its integration with other DeFi and Dapps is required, although we will talk about that later.

How to list?

The process for listing a token on Pump Fun PumpSwap token slightly different. While on Pump.fun you Pump.fun need to create the meme coin, on PumpSwap you need two things:

• The Base Token this could be one you created using the Solana Token )
• The Quote Token a stablecoin or SOL)

Rewards

(Update) With the announcement of Project Ascend, Pump.fun and Pumpswap have revolutionized their reward systems for creators.

Now, tokens on Pump.fun provide 0.3% fees for devs (previously 0.05%). On the other hand, tokens graduated from Pumpfun and traded on PumpSwap offer between 0.05% and 0.95% of the volume, depending on the market cap (if you want to know more, we have an article explaining Project Ascend).

When you create an LP on Pumswap, you can set a fee of 0.25%, but you won't receive any rewards as the token creator.

Pricing model

When comparing Pump.fun PumpSwap, we see that the former operates based on a bonding curve, while the latter uses an AMM protocol. This is how the price of each token is determined token on supply and demand.

Future projection

At this point we refer to the possible implementations it may have in the future, expanding usability and offering greater exposure to users. While Pump.fun is a launchpad for meme coins and nothing more, no other uses for its platform have been announced.

Contrary to this, PumpSwap is a DEX that can offer many features, such as staking, a more complex platform for trading, integrating its use in other DeFi... among others.

Conclusion

The differences between Pump Fun and PumpSwap are very marked, but both are platforms that complement each other. Simply put, Pump.fun is a meme coin launchpad , while PumpSwap is a DEX, but both are correlated through token grading.

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