レッスン5

Main Memecoin Trading Platforms

This module focuses on two of the most widely used platforms for launching and trading memecoins: Pump.fun and Raydium. Each plays a different role in the Solana ecosystem, with Pump.fun enabling rapid token creation and Raydium supporting high-speed decentralized trading. The goal is to show how these platforms function, what risks and opportunities they offer, and which tokens have emerged as success cases or cautionary tales. Understanding how these platforms operate is essential for anyone looking to engage with memecoins beyond passive investing.

Gate Pilot

Gate Pilot is Gate.io’s dedicated launch and trading platform that supports early-stage tokens, including memecoins, through structured and secure campaigns. It allows users to participate in new token launches via initial listing events and trading competitions, often providing discounted or early access to promising assets. Unlike trading directly on decentralized exchanges, Gate Pilot offers a centralized and risk-mitigated environment, which helps reduce exposure to common risks such as fake contracts, front-running bots, or liquidity scams.

The platform regularly features emerging memecoins that gain popularity in the broader market. For instance, tokens like WEN and DOGEMOB were introduced on Gate Pilot shortly after gaining traction in crypto communities, enabling users to gain exposure early while benefiting from Gate.io’s liquidity and order book infrastructure. These listings often come with trading incentives, such as reward pools or airdrops, encouraging participation while offering upside potential beyond market speculation.

Gate Pilot integrates directly into the Gate.io interface, allowing seamless movement between token sales, spot trading, and portfolio tracking. Users can access project details, tokenomics, vesting schedules, and campaign timelines before committing any funds. Each token launch is accompanied by clear documentation and eligibility requirements, such as holding specific Gate tokens or meeting identity verification thresholds. This structure helps limit manipulation and ensures fair access across the user base.

For memecoin traders, Gate Pilot offers an opportunity to engage with new tokens while reducing dependence on risky decentralized platforms. It functions as a filter layer for new assets, reducing exposure to common scam mechanisms like rug pulls and honeypots. As the memecoin segment continues to evolve rapidly, Gate Pilot provides a structured way to discover and trade new tokens, combining early access with centralized exchange-grade protections.

Pump.fun

Pump.fun is a cryptocurrency launchpad operating on the Solana blockchain, designed to enable users to create and trade tokens with unprecedented ease and speed. Established in January 2024 by entrepreneurs Noah Tweedale, Alon Cohen, and Dylan Kerler, the platform was conceived to offer a safer and more standardized environment for memecoin trading, addressing prevalent issues such as “rug pulls” that plagued the crypto community.

The platform’s architecture leverages Solana’s high throughput and low transaction costs, allowing users to generate tokens in under a minute without incurring fees. This efficiency has democratized token creation, leading to a surge in the number of memecoins entering the market.

Creating a token on Pump.fun is a straightforward process. Users connect their Solana-compatible wallets to the platform, input desired token parameters such as name, symbol, and supply, and initiate the creation process. The platform employs a bonding curve pricing mechanism, where the token price adjusts based on demand, facilitating immediate trading upon creation.

While the platform simplifies token creation and trading, it also introduces risks. The ease of launching tokens has led to an influx of projects, some of which may lack legitimacy. Users are advised to conduct thorough due diligence, scrutinizing tokenomics, developer credibility, and community engagement before investing. Utilizing tools like Bullx Neo, GMGN, and AXIOM Trade can enhance security and help mitigate potential scams.

The platform has been the birthplace of several notable memecoins. For instance, tokens like Michi (MICHI), Billy (BILLY), and FWOG (FWOG) gained significant traction, reflecting the platform’s influence in the memecoin ecosystem.

Raydium

Raydium is a decentralized exchange (DEX) built on the Solana blockchain, offering users a platform for fast and efficient token swaps, liquidity provision, and participation in yield farming. Unlike traditional automated market makers (AMMs), Raydium integrates with Serum’s central limit order book, providing users with access to shared liquidity and enabling more efficient trading.

Launched in February 2021, Raydium has positioned itself as a pivotal player in Solana’s DeFi ecosystem, facilitating a wide range of trading activities and supporting the burgeoning memecoin market.

Raydium operates by allowing users to trade tokens through its AMM or by interacting directly with Serum’s order book. Users can provide liquidity to pools, earning a share of the trading fees, or engage in yield farming opportunities to earn additional rewards. The platform’s integration with Serum enables limit orders, a feature not commonly found in standard AMMs, offering traders greater flexibility and control over their transactions.

To trade on Raydium, users connect their Solana-compatible wallets, select the desired trading pair, and execute trades seamlessly. The platform’s user-friendly interface and comprehensive documentation make it accessible to both novice and experienced traders.

Raydium has been instrumental in the launch and trading of various tokens within the Solana ecosystem. The introduction of LaunchLab, Raydium’s token issuance platform, marked a significant development, aiming to compete with platforms like Pump.fun by offering enhanced features such as flexible bonding curves and multi-token support. This initiative led to a notable surge in the price of Raydium’s native token, RAY, reflecting the market’s positive reception.

Highlights

  • Pump.fun allows anyone to launch a token in under a minute on Solana with no coding required.
  • Raydium combines AMM features with an order book model for efficient trading and liquidity.
  • Pump.fun uses a bonding curve model and locks liquidity after tokens reach $69K market cap.
  • LaunchLab by Raydium boosts new token visibility and contributed to a 28% rally in RAY’s price.
  • Notable tokens like FWOG, MICHI, and TRUMP all launched or traded heavily on these platforms.
免責事項
* 暗号資産投資には重大なリスクが伴います。注意して進めてください。このコースは投資アドバイスを目的としたものではありません。
※ このコースはGate Learnに参加しているメンバーが作成したものです。作成者が共有した意見はGate Learnを代表するものではありません。
カタログ
レッスン5

Main Memecoin Trading Platforms

This module focuses on two of the most widely used platforms for launching and trading memecoins: Pump.fun and Raydium. Each plays a different role in the Solana ecosystem, with Pump.fun enabling rapid token creation and Raydium supporting high-speed decentralized trading. The goal is to show how these platforms function, what risks and opportunities they offer, and which tokens have emerged as success cases or cautionary tales. Understanding how these platforms operate is essential for anyone looking to engage with memecoins beyond passive investing.

Gate Pilot

Gate Pilot is Gate.io’s dedicated launch and trading platform that supports early-stage tokens, including memecoins, through structured and secure campaigns. It allows users to participate in new token launches via initial listing events and trading competitions, often providing discounted or early access to promising assets. Unlike trading directly on decentralized exchanges, Gate Pilot offers a centralized and risk-mitigated environment, which helps reduce exposure to common risks such as fake contracts, front-running bots, or liquidity scams.

The platform regularly features emerging memecoins that gain popularity in the broader market. For instance, tokens like WEN and DOGEMOB were introduced on Gate Pilot shortly after gaining traction in crypto communities, enabling users to gain exposure early while benefiting from Gate.io’s liquidity and order book infrastructure. These listings often come with trading incentives, such as reward pools or airdrops, encouraging participation while offering upside potential beyond market speculation.

Gate Pilot integrates directly into the Gate.io interface, allowing seamless movement between token sales, spot trading, and portfolio tracking. Users can access project details, tokenomics, vesting schedules, and campaign timelines before committing any funds. Each token launch is accompanied by clear documentation and eligibility requirements, such as holding specific Gate tokens or meeting identity verification thresholds. This structure helps limit manipulation and ensures fair access across the user base.

For memecoin traders, Gate Pilot offers an opportunity to engage with new tokens while reducing dependence on risky decentralized platforms. It functions as a filter layer for new assets, reducing exposure to common scam mechanisms like rug pulls and honeypots. As the memecoin segment continues to evolve rapidly, Gate Pilot provides a structured way to discover and trade new tokens, combining early access with centralized exchange-grade protections.

Pump.fun

Pump.fun is a cryptocurrency launchpad operating on the Solana blockchain, designed to enable users to create and trade tokens with unprecedented ease and speed. Established in January 2024 by entrepreneurs Noah Tweedale, Alon Cohen, and Dylan Kerler, the platform was conceived to offer a safer and more standardized environment for memecoin trading, addressing prevalent issues such as “rug pulls” that plagued the crypto community.

The platform’s architecture leverages Solana’s high throughput and low transaction costs, allowing users to generate tokens in under a minute without incurring fees. This efficiency has democratized token creation, leading to a surge in the number of memecoins entering the market.

Creating a token on Pump.fun is a straightforward process. Users connect their Solana-compatible wallets to the platform, input desired token parameters such as name, symbol, and supply, and initiate the creation process. The platform employs a bonding curve pricing mechanism, where the token price adjusts based on demand, facilitating immediate trading upon creation.

While the platform simplifies token creation and trading, it also introduces risks. The ease of launching tokens has led to an influx of projects, some of which may lack legitimacy. Users are advised to conduct thorough due diligence, scrutinizing tokenomics, developer credibility, and community engagement before investing. Utilizing tools like Bullx Neo, GMGN, and AXIOM Trade can enhance security and help mitigate potential scams.

The platform has been the birthplace of several notable memecoins. For instance, tokens like Michi (MICHI), Billy (BILLY), and FWOG (FWOG) gained significant traction, reflecting the platform’s influence in the memecoin ecosystem.

Raydium

Raydium is a decentralized exchange (DEX) built on the Solana blockchain, offering users a platform for fast and efficient token swaps, liquidity provision, and participation in yield farming. Unlike traditional automated market makers (AMMs), Raydium integrates with Serum’s central limit order book, providing users with access to shared liquidity and enabling more efficient trading.

Launched in February 2021, Raydium has positioned itself as a pivotal player in Solana’s DeFi ecosystem, facilitating a wide range of trading activities and supporting the burgeoning memecoin market.

Raydium operates by allowing users to trade tokens through its AMM or by interacting directly with Serum’s order book. Users can provide liquidity to pools, earning a share of the trading fees, or engage in yield farming opportunities to earn additional rewards. The platform’s integration with Serum enables limit orders, a feature not commonly found in standard AMMs, offering traders greater flexibility and control over their transactions.

To trade on Raydium, users connect their Solana-compatible wallets, select the desired trading pair, and execute trades seamlessly. The platform’s user-friendly interface and comprehensive documentation make it accessible to both novice and experienced traders.

Raydium has been instrumental in the launch and trading of various tokens within the Solana ecosystem. The introduction of LaunchLab, Raydium’s token issuance platform, marked a significant development, aiming to compete with platforms like Pump.fun by offering enhanced features such as flexible bonding curves and multi-token support. This initiative led to a notable surge in the price of Raydium’s native token, RAY, reflecting the market’s positive reception.

Highlights

  • Pump.fun allows anyone to launch a token in under a minute on Solana with no coding required.
  • Raydium combines AMM features with an order book model for efficient trading and liquidity.
  • Pump.fun uses a bonding curve model and locks liquidity after tokens reach $69K market cap.
  • LaunchLab by Raydium boosts new token visibility and contributed to a 28% rally in RAY’s price.
  • Notable tokens like FWOG, MICHI, and TRUMP all launched or traded heavily on these platforms.
免責事項
* 暗号資産投資には重大なリスクが伴います。注意して進めてください。このコースは投資アドバイスを目的としたものではありません。
※ このコースはGate Learnに参加しているメンバーが作成したものです。作成者が共有した意見はGate Learnを代表するものではありません。