Raydium（Ray）代币跃升7％，作为竞争对手泵的发射乐队首次亮相。

在过去的24小时内，Raydium（Ray）在其备受期待的代币启动板上推出后，在过去的24小时中飙升了7％以上，售价高于2.20美元。

Raydium’s (RAY) native token has surged more than 7% in the past 24 hours, holding above $2.20 following the launch of its highly anticipated token launchpad,

Raydium's（Ray）本地令牌在过去24小时内飙升了7％以上，在其备受期待的令牌发射台上推出后，持有超过2.20美元

The new platform, named LaunchLab and unveiled on April 16, represents a direct challenge to Pump.fun (PUMP), which severed ties with Raydium last month after launching its own decentralized exchange, PumpSwap. While Pump.fun emphasizes simplicity in its token creation service, LaunchLab provides creators with far greater control over tokenomics and distribution.

这个名为LaunchLab的新平台于4月16日揭幕，代表了对Pump.Fun（泵）的直接挑战，该挑战在上个月推出了自己的分散交易所Pumpswap之后，与Raydium断开了联系。尽管Pump.Fun强调了其令牌创建服务的简单性，但LaunchLab为创建者提供了对令牌和分销的控制权。

Once developers raise 85 SOL (about $11,150), the platform lets developers set the token supply, bonding curves, and migration criteria, with tokens automatically moving to Raydium’s (RAY) automated market maker (AMM).

一旦开发人员筹集了85个SOL（约合11,150美元），该平台就可以使开发人员设置令牌供应，粘合曲线和迁移标准，令牌自动转移到Raydium's（Ray）自动化市场机构（AMM）。

“LaunchLab’s goal is to fix a broken token model, reliant on centralized exchanges and market makers,” said Tom, the pseudonymous team head from Raydium. “We want that to happen on-chain, on Solana; we think asset issuing will keep accelerating.”

“ LaunchLab的目标是确定一个破碎的令牌模型，依靠集中交流和做市商，” Raydium的化名团队负责人汤姆说。 “我们希望这种情况在链上，在Solana上发生；我们认为发行资产会不断加速。”

The platform also provides investors with several options for token vesting and a fee-sharing system, in contrast to Pump.fun’s one-size-fits-all approach. Moreover, Raydium is extending its infrastructure to outside developers; already, LaunchLab’s token creation tools are being used by about 10 groups developing projects not on Raydium.

该平台还为投资者提供了几种代币归属和收费系统的选择，与Pump.Fun的千篇一律的方法相比。此外，Raydium正在将其基础设施扩展到外部开发商。已经大约有10个小组开发的不是Raydium上的项目，已经使用了LaunchLab的代币创建工具。

The trading costs of LaunchLab are set at 1%; 25% are set especially for RAY token buybacks, an action meant to directly support the value of the token. A Community Pool and Program fee helps the remaining 75% be used for ecological development.

LaunchLAB的交易成本设定为1％； 25％是针对Ray代币回购设定的，这项措施旨在直接支持令牌的价值。社区池和计划费用有助于剩余的75％用于生态发展。

Investors seem to have reacted to this framework, which helps to explain RAY’s price increase following the announcement. Disregarding most of the larger cryptocurrency market during a period of economic uncertainty, the token briefly rose to $2.41 before settling at its present level.

投资者似乎对该框架做出了反应，这有助于解释公告后雷的价格上涨。在经济不确定性的时期，该代币无视大多数较大的加密货币市场，在当前级别定居之前，该代币短暂上升至2.41美元。

The launching of LaunchLab comes about a month after Pump.fun began PumpSwap, thus changing the once symbiotic relationship between the two platforms. Tokens made on Pump.fun would immediately move to Raydium once reaching $69,000 in market value prior to this change.

punagennLab的启动是在pump.fun开始泵送后大约一个月的时间，从而改变了两个平台之间曾经共生的关系。在此变化之前，在泵上制造的令牌。FUN将立即转移到Raydium。

Since its March 20 release, PumpSwap has become quite popular and has accumulated $2.5 billion in trading volume in its first ten days. DefiLlama stats show that PumpSwap has now handled more than $7.3 billion in total volume, with five straight days of record-breaking daily volumes hitting $460 million on April 17.

自3月20日发行以来，Pumpswap已变得非常受欢迎，并且在头十天内已积累了25亿美元的交易量。 Defillama的统计数据显示，Pumpswap现在已经处理了超过73亿美元的总数，每日创纪录的每日销量连续五天达到4.6亿美元。

From a technical standpoint, RAY’s price movements indicate strengthening momentum following the LaunchLab announcement. The token has posted weekly and monthly gains exceeding 30%, establishing a bullish trend despite broader market headwinds.

从技术的角度来看，雷的价格变动表明在发布列表公告后加强了动力。该代币的每周和每月收益超过30％，尽管市场受到更大的逆风，但仍建立了看涨趋势。

Raydium’s 24-hour trading volume surged nearly 60% to $668 million after LaunchLab went live, though this remains well below its January 18 peak of $13.19 billion, which coincided with the TRUMP meme coin launch.

Raydium的24小时交易量飙升了近60％至6.68亿美元，尽管LaunchLab上线了，尽管这远低于其1月18日的131.9亿美元的峰值，这与特朗普模因硬币的发布相吻合。

As the competition between Raydium and Pump.fun intensifies, market observers will closely monitor whether LaunchLab can recapture market share from PumpSwap. Raydium’s strategy of offering more sophisticated tokenomic tools while implementing RAY buybacks represents a calculated approach to enticing both token creators and investors.

随着Raydium和Pump.fun之间的竞争加剧，市场观察者将密切监视LaunchLAB是否可以从Pumpswap中夺回市场份额。 Raydium在实施Ray Reakbacks的同时提供更复杂的代币工具的策略是一种诱使代币创作者和投资者的计算方法。

With LaunchLab positioned as just the first product in a broader suite, Raydium appears committed to innovation in the face of Pump.fun’s rapid growth. The success of this strategy will likely depend on whether token creators prefer LaunchLab’s customization capabilities over Pump.fun’s simplicity—a question that could significantly impact RAY’s price trajectory in the coming months.

由于LaunchLab将其定位在更广泛的套房中，Raydium似乎致力于面对Pump.Fun快速增长的创新。该策略的成功可能取决于令牌创作者是否更喜欢LaunchLab的自定义功能而不是泵。