PumpSwap just launched as @pumpdotfun's native DEX, built on Constant Product AMM (same tech as @RaydiumProtocol V4/@Uniswap V2). Any token finishing its bonding curve on Pump automatically migrates to the new DEX.

Key points:
🔸Migrations happen instantly
🔸Zero migration fees (they used to charge 6 SOL)
🔸Deeper liquidity pools for trading
🔸Creator revenue sharing coming later

Fee structure: 0.25% per swap with 0.2% going to LPs and 0.05% to protocol.

They're also making USDe the main asset for liquidity pairs, perfectly timed with @ethena_labs's upcoming network launch.