StakePoint
Solana DeFi Glossary
Definitions of key terms used in Solana DeFi, token locking, LP locking, and staking. Published by the StakePoint team.
PumpSwap
A Solana AMM and DEX launched by Pump.fun for tokens that graduate from the bonding curve.
Definition
PumpSwap is an automated market maker (AMM) and decentralised exchange launched by Pump.fun on Solana. It serves as the primary liquidity venue for tokens that graduate from Pump.fun's bonding curve.
When a Pump.fun token reaches the graduation threshold, its bonding curve liquidity is migrated to PumpSwap rather than (or in addition to) Raydium. PumpSwap uses a constant product AMM model similar to Uniswap v2.
PumpSwap LP tokens represent a share of a PumpSwap liquidity pool. Like other LP tokens, they can be locked to prove that the underlying liquidity cannot be withdrawn for a set period.
StakePoint & PumpSwap
StakePoint supports locking PumpSwap LP tokens. This means projects that launch on Pump.fun and migrate to PumpSwap can lock their LP directly on StakePoint to give investors on-chain proof of liquidity commitment.
Related Pages
Frequently Asked Questions
What is PumpSwap?
PumpSwap is an AMM launched by Pump.fun on Solana. Tokens that graduate from the bonding curve migrate liquidity to PumpSwap for open market trading.
Can I lock PumpSwap LP tokens on StakePoint?
Yes. StakePoint supports locking PumpSwap LP tokens with on-chain verification.
Related Terms
Pump.fun
A Solana memecoin launchpad that enables token creation and bonding curve trading.
LP Token
A token representing a share of a liquidity pool on a decentralised exchange.
LP Locker
A smart contract that locks liquidity pool tokens on-chain until a set unlock date.
Raydium
The largest decentralised exchange and AMM on Solana.
Liquidity Pool
A smart contract holding pairs of tokens that enables decentralised token trading.