Answer
Should I launch on pump.fun or Raydium?
pump.fun if you want a curve to find the price for 0.01495 SOL, Raydium if you already hold the liquidity to open and seed a pool yourself.
Two different jobs
A pump.fun launch hands pricing to a curve. One billion supply, 793.1M sold on the curve, 30 virtual SOL against 1.073B virtual tokens at the start. When 85.0054 SOL has been raised — roughly a 410.88 SOL market cap — the coin graduates for a 0.015 SOL migration fee, the LP is burned, and trading continues on PumpSwap. That is irreversible, and it means you never choose a starting price.
A Raydium launch is the other shape of the same decision: you create the pool and you supply what goes in it. You pick the price because you are the one seeding it, and the depth of that pool is whatever you put there.
- pump.fun: 1B supply, 793.1M sold on the curve, graduation at 85.0054 SOL raised.
- Migration costs 0.015 SOL, is irreversible, and burns the LP.
- Raydium: you open the pool and you fund it, so you set the price and the depth.
What each one costs
The pump.fun side is measured: 0.01495 SOL to create, being 0.0144428 SOL of refundable deposits and 0.00051 SOL of network fee. Curve trades pay 1.25%, split 0.30% to the creator and 0.95% to the protocol. After graduation on PumpSwap the fee is 1.25% below roughly 420 SOL market cap, stepping down to 0.30%.
The Raydium side has no launch figure quoted here, because the cost is whatever liquidity you commit plus your own pool setup. That is not evasion: it is the actual structure. A pool with a thousand dollars in it and a pool with fifty thousand are the same product at different prices, and the second one is not a fee you pay, it is capital you can lose.
- pump.fun: 0.01495 SOL measured, then 1.25% on curve trades.
- PumpSwap after graduation: 1.25% below about 420 SOL market cap, stepping to 0.30%.
- Raydium: your cost is the liquidity you seed, which is capital at risk rather than a fee.
Who each one suits
The curve suits a launch with no team, no treasury and no market maker. It starts at a defined point, it does not need a counterparty, and if nobody arrives the loss is 0.01495 SOL rather than a pool. Given 0.198% of coins graduated in the May to June 2026 sample, a cheap failure is not a pessimistic assumption.
A seeded pool suits someone who already holds the tokens and the SOL, and who wants the price set deliberately rather than discovered. That is a smaller group than the number of people who ask this question.
- No treasury: use the curve, where failure costs 0.01495 SOL.
- Existing liquidity and a price in mind: a seeded pool does the job.
- 68.67% of coins never trade after day one, so cheap failure is the common case.
Related questions
Can I move from pump.fun to Raydium later?
Graduation moves a coin to PumpSwap at 85.0054 SOL raised, for a 0.015 SOL fee, with the LP burned. That is a one-way step, not a menu.
Which is cheaper to launch on?
pump.fun measured 0.01495 SOL to create. On Raydium the cost is the liquidity you seed, which is capital rather than a fee.
Do I keep the creator fees?
On the curve, 0.30% of the 1.25% trading fee goes to the creator, paid from two vaults through two collect instructions.
Where to go next
- Do I need a website to launch a coin?
- Do I need a bundler to launch a coin?
- The full launch guide: costs, socials, 21-day runway
- Every question we have answered
If the brand and the page are what is stopping you
Mint a Brand draws the icon, banner and stickers, builds the token site on its own subdomain and prepares the launch for your wallet to sign, for $30. Your wallet pays the network fee and is the creator of record.
Sources
Checked 2026-10-31 · nothing here is financial advice, and most meme coins go to zero.