TRON DAO announced a partnership with Pump.fun to launch the new decentralized exchange PumpSwap on Solana. This collaboration aims to improve liquidity access and cross-chain interaction.
Partnership with Pump.fun
TRON DAO has signed an agreement with Pump.fun to create PumpSwap, an integrated tool for decentralized trading and token launch on Solana. This exchange will utilize liquidity enhancement capabilities and accelerate cross-chain interaction, thereby expanding user access to decentralized finance (DeFi).
Justin Sun's Plans
TRON founder Justin Sun emphasized the significance of the collaboration for improving cross-chain liquidity. He recently mentioned the potential launch of wrapped TRX on Solana, confirming TRON's development on this platform.
DeFi Development Strategy
PumpSwap aims to simplify liquidity management by implementing simplified token trading and a revenue-sharing scheme for creators. This supports TRON’s strategy to strengthen its role in DeFi and enhance blockchain interoperability.
TRON's collaboration with pump.fun strengthens the cross-chain strategy by bridging TRX to Solana and establishing PumpSwap as a major liquidity hub. This partnership may attract more TRX users to the Solana ecosystem and increase the adoption of TRON’s DeFi services.
