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.

Exciting launch of PumpSwap! Instant migrations with zero fees and deeper liquidity pools are significant improvements. Looking forward to creator revenue sharing. Fee structure seems balanced. Great move for the ecosystem!