Pump.fun allegedly testing in-house AMM solution, potentially replacing Raydium

Pump.fun, a Solana-based memecoin issuance platform, is believed to be testing its own automated market maker (AMM) solution that could potentially replace the existing Raydium (RAY), according to Aggr News on X. So far, memecoins issued on Pump.fun will be automatically listed on Raydium when they reach a certain market capitalization.