Raydium is called Pump Fun's self built AMM pool is a 'strategic misjudgment'

BlockBeats News: On February 25th, Solana's main automated market maker (AMM) Raydium responded to rumors of "Pump. Fun building its own AMM pool". Core contributor InfraRAY posted on X platform, stating that completely abandoning Raydium is a "strategic misjudgment" for this popular and profitable meme coin factory, and he is critical of Pump Doubts have been expressed as to whether Fun's self built trading facility can successfully replace Raydium. After rumors of the "Pump. Fun self built AMM pool" broke out last weekend, investors sold RAY tokens on a large scale. The current largest AMM platform in Solana, Raydium, is powered by Pump The Fun "Graduation" token (migrated from the issuance platform to the Raydium liquidity pool) earns transaction fees, and Raydium currently generates over $1 million in daily fees through the entire platform liquidity pool (including the Pump. Fun token pool). The Dune dashboard shows that over 30% of Raydium's daily trading volume comes from Pump Fun token, if the latter switches to self built AMM, its fee income will be significantly reduced. InfraRAY once again stated: 'The 30% market value decline of RAY token is overly exaggerated, and I believe it is a pump.' Fun overlooked the real risks, but it's also possible that my judgment was wrong Pump.Fun co-founder Alon Cohen declined to comment on this.