{"id":1240,"date":"2026-03-10T04:00:00","date_gmt":"2026-03-10T04:00:00","guid":{"rendered":"https:\/\/cryptonews.com\/tw\/?p=1240"},"modified":"2026-03-09T16:47:59","modified_gmt":"2026-03-09T16:47:59","slug":"pump-fun-revenue-1-5b-vs-raydium-decline-token-launchpad-monopoly","status":"publish","type":"post","link":"https:\/\/cryptonews.com\/tw\/news\/pump-fun-revenue-1-5b-vs-raydium-decline-token-launchpad-monopoly\/","title":{"rendered":"\u767c\u5e63\u5e73\u53f0\u70ba\u4f55\u5dee\u5f88\u5927 pump.fun\u8cfa15\u5104\u7f8e\u5143 Raydium\u8dcc70% \u95dc\u9375\u5728\u638c\u63e1\u4ee3\u5e63\u767c\u884c\u5165\u53e3"},"content":{"rendered":"

\u52a0\u5bc6\u5e02\u5834\u770b\u4f3c\u6bcf\u5929\u90fd\u6709\u65b0\u5e63\u4e0a\u7dda\uff0c\u771f\u6b63\u6c7a\u5b9a\u5e73\u53f0\u9577\u671f\u6536\u5165\u7684\uff0c\u4e0d\u662f\u884c\u60c5\u6f32\u8dcc\uff0c\u800c\u662f\u8ab0\u638c\u63e1\u4ee3\u5e63\u4e00\u958b\u59cb\u5728\u54ea\u88e1\u767c\u884c\u3001\u600e\u9ebc\u8ce3\u3001\u7528\u4ec0\u9ebc\u65b9\u5f0f\u628a\u4ea4\u6613\u91cf\u5c0e\u9032\u4f86\u3002\u8fd1\u671f\u6700\u5178\u578b\u7684\u5c0d\u7167\uff0c\u5c31\u662fpump.fun\u7d2f\u8a08\u8cfa\u9032\u7d0415\u5104\u7f8e\u5143\u624b\u7e8c\u8cbb\uff0cRaydium\u5728\u5931\u53bb\u5927\u91cf\u65b0\u5e63\u8a02\u55ae\u6d41\u5f8c\uff0cRAY\u50f9\u683c\u4e00\u5ea6\u8dcc\u5230\u8fd12\u5e74\u4f4e\u9ede\uff0c\u6574\u9ad4\u8dcc\u5e45\u63a5\u8fd170%\u3002\u540c\u4e00\u6642\u9593\uff0cHyperliquid\u63d0\u51faHIP-6\uff0c\u60f3\u628a\u4ee3\u5e63\u62cd\u8ce3\u6a5f\u5236\u76f4\u63a5\u505a\u5230\u5354\u8b70\u5e95\u5c64\uff0c\u4f01\u5716\u628a\u767c\u884c\u3001\u5b9a\u50f9\u8207\u958b\u76e4\u4ea4\u6613\u4e00\u6b21\u505a\u5b8c\u3002<\/p>

\u63a2\u7d22\u66f4\u591a\uff1a\u52a0\u5bc6\u8ca8\u5e63\u51fa\u91d1\u6559\u5b78\uff1a\u5982\u4f55\u5b89\u5168\u8b8a\u73fe\u63db\u56de\u53f0\u5e63\/\u6e2f\u5e63\uff1f<\/a><\/p>

\u627f\u4fdd\u5176\u5be6\u5c31\u662f\u6c7a\u5b9a\u8cc7\u7522\u600e\u9ebc\u51fa\u751f<\/h2><\/span>

\u5728\u50b3\u7d71\u91d1\u878d\u88e1\uff0c\u80a1\u7968\u6216\u50b5\u5238\u8981\u88ab\u5e02\u5834\u63a5\u53d7\uff0c\u901a\u5e38\u9700\u8981\u627f\u92b7\u6216\u627f\u4fdd\u6d41\u7a0b\u3002\u7c21\u55ae\u8aaa\uff0c\u5c31\u662f\u6709\u4eba\u7ad9\u51fa\u4f86\u6c7a\u5b9a\u689d\u6b3e\u3001\u5b9a\u50f9\u3001\u5206\u914d\uff0c\u4e26\u4e14\u627f\u64d4\u4e00\u5b9a\u8cac\u4efb\u3002\u5f9e\u65e9\u671f\u822a\u904b\u4fdd\u96aa\u5230\u73fe\u4ee3IPO\uff0c\u6838\u5fc3\u90fd\u4e00\u6a23\uff0c\u63a7\u5236\u767c\u884c\u5165\u53e3\u7684\u4eba\u64c1\u6709\u6b0a\u529b\uff0c\u56e0\u70ba\u4ed6\u80fd\u6c7a\u5b9a\u8ab0\u5148\u62ff\u5230\u3001\u7528\u4ec0\u9ebc\u50f9\u683c\u62ff\u5230\uff0c\u7136\u5f8c\u5f9e\u4e2d\u6536\u53d6\u8cbb\u7528\u8207\u5dee\u50f9\u3002<\/p>

IPO\u70ba\u4ec0\u9ebc\u5e38\u8b93\u6563\u6236\u5403\u8667\uff0c\u539f\u56e0\u4e5f\u5f88\u76f4\u767d\u3002\u5b9a\u50f9\u8207\u914d\u552e\u591a\u534a\u5728\u5c01\u9589\u6d41\u7a0b\u5b8c\u6210\uff0c\u6a5f\u69cb\u66f4\u65e9\u62ff\u5230\u8cc7\u8a0a\u8207\u984d\u5ea6\uff0c\u6563\u6236\u5e38\u5728\u958b\u76e4\u5f8c\u624d\u9032\u5834\uff0c\u50f9\u5dee\u901a\u5e38\u5df2\u88ab\u5403\u6389\u3002\u52a0\u4e0a\u4e0a\u5e02\u6d41\u7a0b\u6162\u3001\u7d50\u7b97\u6642\u9593\u9577\u3001\u8de8\u5340\u53c3\u8207\u9580\u6abb\u9ad8\uff0c\u9019\u4e9b\u6469\u64e6\u53cd\u800c\u6210\u70ba\u4e2d\u4ecb\u7684\u5229\u76ca\u4f86\u6e90\u3002<\/p>

\"\"<\/figure>

\u93c8\u4e0a\u767c\u884c\u628a\u6d41\u7a0b\u5beb\u9032\u7a0b\u5f0f<\/h2><\/span>

\u93c8\u4e0a\u767c\u884c\u7684\u505a\u6cd5\u4e0d\u540c\uff0c\u8a31\u591a\u6a5f\u5236\u628a\u51fa\u50f9\u8207\u6210\u4ea4\u904e\u7a0b\u6524\u5728\u93c8\u4e0a\uff0c\u50f9\u683c\u5f62\u6210\u66f4\u900f\u660e\uff0c\u4ea4\u6613\u8207\u7d50\u7b97\u4e5f\u66f4\u5feb\u3002\u8cc7\u7522\u53ef\u4ee5\u66f4\u65e9\u88ab\u4ea4\u6613\uff0c\u751a\u81f3\u5728\u540c\u4e00\u5957\u7cfb\u7d71\u5167\u88ab\u62ff\u53bb\u505a\u62b5\u62bc\u6216\u53c3\u8207\u5176\u4ed6\u64cd\u4f5c\u3002\u4e2d\u4ecb\u8b8a\u5c11\u4e86\uff0c\u4f46\u5165\u53e3\u4f9d\u7136\u5b58\u5728\uff0c\u53ea\u662f\u5f9e\u9280\u884c\u63db\u6210\u5e73\u53f0\u6216\u5354\u8b70\u3002<\/p>

\u4e0d\u540c\u5e73\u53f0\u7684\u898f\u5247\u4e5f\u4e0d\u4e00\u6a23\u3002\u6709\u4eba\u4e3b\u6253\u4efb\u4f55\u9322\u5305\u90fd\u80fd\u53c3\u8207\uff0c\u6709\u4eba\u8981\u6c42KYC\uff0c\u6709\u4eba\u8a2d\u6700\u4f4e\u91d1\u984d\u9580\u6abb\u3002\u5dee\u5225\u4e0d\u53ea\u5728\u9650\u5236\u591a\u5be1\uff0c\u800c\u5728\u65bc\u767c\u884c\u884c\u70ba\u6703\u4e0d\u6703\u9806\u4fbf\u628a\u9700\u6c42\u5c0e\u5411\u5e73\u53f0\u81ea\u5df1\u7684\u751f\u614b\u8cc7\u7522\u8207\u4ea4\u6613\u5834\u6240\uff0c\u5f62\u6210\u6301\u7e8c\u6027\u7684\u6536\u5165\u4f86\u6e90\u3002<\/p>

pump.fun\u70ba\u4f55\u80fd\u8cfa\u523015\u5104\u7f8e\u5143<\/h2><\/span>

pump.fun\u8d70\u7684\u662f\u6975\u9ad8\u901f\u7684\u5e02\u5834\u751f\u6210\u8def\u7dda\uff0c\u8b93\u4ee3\u5e63\u7528\u5f88\u5feb\u7684\u901f\u5ea6\u5f62\u6210\u53ef\u4ea4\u6613\u7684\u50f9\u683c\u66f2\u7dda\uff0c\u4e26\u5728\u9054\u5230\u689d\u4ef6\u5f8c\u5c0e\u5165\u6d41\u52d5\u6027\u3002\u5b83\u5f8c\u4f86\u63a8\u51fa\u81ea\u5bb6AMM\u7522\u54c1PumpSwap\uff0c\u8b93\u539f\u672c\u6703\u88ab\u5c0e\u5411Raydium\u7684\u4ea4\u6613\u6d41\uff0c\u6539\u6210\u7559\u5728\u81ea\u5df1\u7684\u7cfb\u7d71\u5167\u6d88\u5316\u3002\u7d50\u679c\u5f88\u6e05\u695a\uff0cpump.fun\u7d2f\u8a08\u624b\u7e8c\u8cbb\u6536\u5165\u63a5\u8fd115\u5104\u7f8e\u5143\uff0c\u767c\u884c\u4ee3\u5e63\u6578\u91cf\u8d85\u904e1680\u842c\u679a\uff0c\u4e26\u628a\u8d85\u904e98%\u7684\u6536\u5165\u7528\u65bc\u56de\u8cfcPUMP\uff0c\u62b5\u6d88\u8d85\u904e27%\u7684\u6d41\u901a\u4f9b\u61c9\u91cf\u3002\u9019\u7a2e\u6a21\u5f0f\u7684\u91cd\u9ede\u4e0d\u662f\u6311\u9078\u597d\u5c08\u6848\uff0c\u800c\u662f\u628a\u767c\u884c\u8207\u4ea4\u6613\u5165\u53e3\u638c\u63e1\u5728\u81ea\u5df1\u624b\u4e0a\uff0c\u8b93\u6bcf\u4e00\u6b21\u65b0\u5e63\u8a95\u751f\u90fd\u8b8a\u6210\u5e73\u53f0\u6536\u5165\u3002<\/p>

Raydium\u70ba\u4f55\u6703\u8dcc\u5230\u9019\u9ebc\u6158<\/h2><\/span>

Raydium\u539f\u672c\u5403\u5230\u5927\u91cf\u65b0\u5e63\u4e0a\u5e02\u5f8c\u7684\u4ea4\u6613\u91cf\u8207\u8cbb\u7528\u6536\u5165\uff0c\u56e0\u70bapump.fun\u7684\u4ee3\u5e63\u5728\u7562\u696d\u5f8c\u6703\u8def\u7531\u5230Raydium\u3002\u7576pump.fun\u628a\u9019\u689d\u901a\u9053\u5207\u65b7\uff0cRaydium\u7684AMM\u6536\u5165\u4f30\u8a08\u5c11\u4e86\u7d0435%\u523040%\uff0cRAY\u5148\u8dcc\u7d0430%\u3002Raydium\u96a8\u5f8c\u63a8\u51faLaunchLab\u53cd\u64ca\uff0c\u50f9\u683c\u66fe\u4e00\u5ea6\u4e0a\u6f32\uff0c\u4f46\u5728\u7af6\u722d\u683c\u5c40\u6539\u8b8a\u5f8c\uff0cRAY\u4ecd\u4e00\u8def\u8d70\u5f31\uff0c\u7d2f\u8a08\u8dcc\u5e45\u63a5\u8fd170%\u3002\u9019\u500b\u6848\u4f8b\u628a\u9053\u7406\u8b1b\u5f97\u5f88\u660e\u767d\uff0c\u5931\u53bb\u4ee3\u5e63\u767c\u884c\u5165\u53e3\uff0c\u5c31\u5bb9\u6613\u5931\u53bb\u4e0b\u6e38\u8a02\u55ae\u6d41\u8207\u624b\u7e8c\u8cbb\uff0c\u6536\u5165\u6a21\u5f0f\u6703\u88ab\u52d5\u6416\u3002<\/p>

Hyperliquid HIP-6\u60f3\u628a\u767c\u884c\u8207\u4ea4\u6613\u4e00\u6b21\u6574\u5408<\/h2><\/span>

\u53e6\u4e00\u689d\u8def\u7dda\u66f4\u50cf\u628a\u50b3\u7d71\u627f\u92b7\u6d41\u7a0b\u7528\u93c8\u4e0a\u65b9\u5f0f\u91cd\u505a\u3002Hyperliquid\u63d0\u51faHIP-6\uff0c\u60f3\u5728\u5171\u8b58\u5c64\u5167\u5d4c\u5165\u9023\u7e8c\u6e05\u7b97\u62cd\u8ce3\u6a5f\u5236\uff0c\u8b93\u4ee3\u5e63\u5206\u914d\u8207\u5b9a\u50f9\u6309\u5340\u584a\u9032\u884c\uff0c\u9010\u6b65\u91cb\u653e\uff0c\u4e26\u5728\u7d50\u7b97\u6642\u81ea\u52d5\u6ce8\u5165\u6d41\u52d5\u6027\uff0c\u964d\u4f4e\u88ab\u72d9\u64ca\u6216\u88ab\u64cd\u7e31\u7684\u7a7a\u9593\u3002\u63d0\u6848\u540c\u6642\u8a2d\u8a08\u5354\u8b70\u8cbb\u7528\u8207\u8cc7\u91d1\u53bb\u5411\uff0c\u4f8b\u5982\u6536\u53d6500\u500b\u57fa\u9ede\u4f5c\u70ba\u5354\u8b70\u8cbb\uff0c\u90e8\u5206\u6de8\u6536\u76ca\u7528\u65bc\u555f\u52d5\u5e02\u5834\u6d41\u52d5\u6027\uff0c\u5176\u9918\u518d\u652f\u4ed8\u7d66\u90e8\u7f72\u8005\u3002\u7c21\u5316\u5f8c\u53ef\u4ee5\u7406\u89e3\u70ba\uff0c\u7cfb\u7d71\u60f3\u63d0\u4f9b\u4e00\u5957\u66f4\u898f\u683c\u5316\u7684\u767c\u884c\u65b9\u5f0f\uff0c\u4e26\u628a\u4ea4\u6613\u5e02\u5834\u66f4\u5feb\u958b\u8d77\u4f86\uff0c\u8b93\u767c\u884c\u5e73\u53f0\u672c\u8eab\u540c\u6642\u8b8a\u6210\u4ea4\u6613\u8207\u6d41\u52d5\u6027\u4e2d\u5fc3\u3002<\/p>

\u93c8\u4e0a\u767c\u884c\u4e5f\u6709\u89e3\u4e0d\u4e86\u7684\u96e3\u984c<\/h2><\/span>

\u5373\u4f7f\u6d41\u7a0b\u900f\u660e\u8207\u7d50\u7b97\u5feb\u901f\uff0c\u93c8\u4e0a\u6a5f\u5236\u4ecd\u5f88\u96e3\u66ff\u4ee3\u50b3\u7d71\u6a5f\u69cb\u5728\u54c1\u8cea\u5be9\u67e5\u8207\u8cac\u4efb\u627f\u64d4\u4e0a\u7684\u89d2\u8272\u3002pump.fun\u53ef\u4ee5\u8b93\u5b9a\u50f9\u66f2\u7dda\u770b\u8d77\u4f86\u516c\u5e73\uff0c\u4f46\u4e0d\u4ee3\u8868\u4ee3\u5e63\u80cc\u5f8c\u7684\u5c08\u6848\u53ef\u9760\u3002HIP-6\u4e5f\u4e3b\u8981\u89e3\u6c7a\u5b9a\u50f9\u8207\u5206\u914d\u65b9\u5f0f\uff0c\u5c0d\u6cbb\u7406\u3001\u8cc7\u8a0a\u63ed\u9732\u8207\u6301\u6709\u4eba\u4fdd\u8b77\u4e26\u975e\u91cd\u9ede\u3002\u82e5\u52a0\u5165KYC\u8207\u66f4\u56b4\u683c\u7684\u898f\u7bc4\uff0c\u96d6\u80fd\u63d0\u5347\u5408\u898f\u8207\u8cc7\u8a0a\u900f\u660e\uff0c\u537b\u6703\u628a\u9580\u6abb\u62c9\u9ad8\uff0c\u56de\u5230\u93c8\u4e0a\u539f\u672c\u60f3\u964d\u4f4e\u7684\u9650\u5236\u3002\u518d\u52a0\u4e0a\u5404\u570b\u5c0d\u4ee3\u5e63\u767c\u884c\u7684\u6cd5\u5f8b\u5b9a\u6027\u4ecd\u4e0d\u4e00\u81f4\uff0c\u4e0d\u78ba\u5b9a\u6027\u4ecd\u5b58\u5728\u3002<\/p>

\u7d50\u8ad6<\/h2><\/span>

\u767c\u5e63\u5e73\u53f0\u7684\u7af6\u722d\u6838\u5fc3\uff0c\u5df2\u5f9e\u55ae\u7d14\u7684\u4e8c\u7d1a\u5e02\u5834\u4ea4\u6613\u91cf\uff0c\u8f49\u5411\u8ab0\u80fd\u63a7\u5236\u4ee3\u5e63\u5982\u4f55\u51fa\u751f\u3002pump.fun\u4e4b\u6240\u4ee5\u80fd\u8cfa\u5230\u7d0415\u5104\u7f8e\u5143\uff0c\u95dc\u9375\u5728\u628a\u767c\u884c\u3001\u6d41\u52d5\u6027\u8207\u8a02\u55ae\u6d41\u7559\u5728\u81ea\u5bb6\u7cfb\u7d71\uff0c\u8b93\u6bcf\u4e00\u6b21\u65b0\u5e63\u4e0a\u5e02\u90fd\u8b8a\u6210\u53ef\u6301\u7e8c\u7684\u8cbb\u7528\u4f86\u6e90\u3002Raydium\u7684\u4e0b\u8dcc\u5247\u8aaa\u660e\uff0c\u4e00\u65e6\u5931\u53bb\u65b0\u5e63\u5165\u53e3\uff0c\u6536\u5165\u8207\u4f30\u503c\u90fd\u53ef\u80fd\u88ab\u91cd\u65b0\u5b9a\u50f9\u3002HIP-6\u4ee3\u8868\u53e6\u4e00\u7a2e\u65b9\u5411\uff0c\u628a\u62cd\u8ce3\u3001\u5b9a\u50f9\u3001\u7d50\u7b97\u8207\u958b\u76e4\u4ea4\u6613\u66f4\u6df1\u5ea6\u6574\u5408\uff0c\u8b93\u5354\u8b70\u6210\u70ba\u65b0\u7684\u627f\u92b7\u8005\u3002\u672a\u4f86\u8ab0\u80fd\u540c\u6642\u505a\u5230\u6548\u7387\u3001\u900f\u660e\u3001\u6d41\u52d5\u6027\u8207\u66f4\u53ef\u63a5\u53d7\u7684\u98a8\u96aa\u63a7\u5236\uff0c\u8ab0\u5c31\u66f4\u53ef\u80fd\u5728\u4e0b\u4e00\u8f2a\u5e73\u53f0\u7af6\u722d\u4e2d\u7ad9\u4e0a\u512a\u52e2\u4f4d\u7f6e\u3002<\/p>

\u63a2\u7d22\u66f4\u591a\uff1a\u76e4\u9ede2026\u6700\u5177\u7206\u767c\u529b\u7684\u52a0\u5bc6\u8ca8\u5e63<\/a><\/p>","protected":false},"excerpt":{"rendered":"

\u52a0\u5bc6\u5e02\u5834\u770b\u4f3c\u6bcf\u5929\u90fd\u6709\u65b0\u5e63\u4e0a\u7dda\uff0c\u771f\u6b63\u6c7a\u5b9a\u5e73\u53f0\u9577\u671f\u6536\u5165\u7684\uff0c\u4e0d\u662f\u884c\u60c5\u6f32\u8dcc\uff0c\u800c\u662f\u8ab0\u638c\u63e1\u4ee3\u5e63\u4e00\u958b\u59cb\u5728\u54ea\u88e1\u767c\u884c\u3001\u600e\u9ebc\u8ce3\u3001\u7528\u4ec0\u9ebc\u65b9\u5f0f\u628a\u4ea4\u6613\u91cf\u5c0e\u9032\u4f86\u3002\u8fd1\u671f\u6700\u5178\u578b\u7684\u5c0d\u7167\uff0c\u5c31\u662fpump.fun\u7d2f\u8a08\u8cfa\u9032\u7d0415\u5104\u7f8e\u5143\u624b\u7e8c\u8cbb\uff0cRaydium\u5728\u5931\u53bb\u5927\u91cf\u65b0\u5e63\u8a02\u55ae\u6d41\u5f8c\uff0cRAY\u50f9\u683c\u4e00\u5ea6\u8dcc\u5230\u8fd12\u5e74\u4f4e\u9ede\uff0c\u6574\u9ad4\u8dcc\u5e45\u63a5\u8fd170%\u3002\u540c\u4e00\u6642\u9593\uff0cHyperliquid\u63d0\u51faHIP-6\uff0c\u60f3\u628a\u4ee3\u5e63\u62cd\u8ce3\u6a5f\u5236\u76f4\u63a5\u505a\u5230\u5354\u8b70\u5e95\u5c64\uff0c\u4f01\u5716\u628a\u767c\u884c\u3001\u5b9a\u50f9\u8207\u958b\u76e4\u4ea4\u6613\u4e00\u6b21\u505a\u5b8c\u3002\u63a2\u7d22\u66f4\u591a\uff1a\u52a0\u5bc6\u8ca8\u5e63\u51fa\u91d1\u6559\u5b78\uff1a\u5982\u4f55\u5b89\u5168\u8b8a\u73fe\u63db\u56de\u53f0\u5e63\/\u6e2f\u5e63\uff1f\u627f\u4fdd\u5176\u5be6\u5c31\u662f\u6c7a\u5b9a\u8cc7\u7522\u600e\u9ebc\u51fa\u751f\u5728\u50b3\u7d71\u91d1\u878d\u88e1\uff0c\u80a1\u7968\u6216\u50b5\u5238\u8981\u88ab\u5e02\u5834\u63a5\u53d7\uff0c\u901a\u5e38\u9700\u8981\u627f\u92b7\u6216\u627f\u4fdd\u6d41\u7a0b\u3002\u7c21\u55ae\u8aaa\uff0c\u5c31\u662f\u6709\u4eba\u7ad9\u51fa\u4f86\u6c7a\u5b9a\u689d\u6b3e\u3001\u5b9a\u50f9\u3001\u5206\u914d\uff0c\u4e26\u4e14\u627f\u64d4\u4e00\u5b9a\u8cac\u4efb\u3002\u5f9e\u65e9\u671f\u822a\u904b\u4fdd\u96aa\u5230\u73fe\u4ee3IPO\uff0c\u6838\u5fc3\u90fd\u4e00\u6a23\uff0c\u63a7\u5236\u767c\u884c\u5165\u53e3\u7684\u4eba\u64c1\u6709\u6b0a\u529b\uff0c\u56e0\u70ba\u4ed6\u80fd\u6c7a\u5b9a\u8ab0\u5148\u62ff\u5230\u3001\u7528\u4ec0\u9ebc\u50f9\u683c\u62ff\u5230\uff0c\u7136\u5f8c\u5f9e\u4e2d\u6536\u53d6\u8cbb\u7528\u8207\u5dee\u50f9\u3002IPO\u70ba\u4ec0\u9ebc\u5e38\u8b93\u6563\u6236\u5403\u8667\uff0c\u539f\u56e0\u4e5f\u5f88\u76f4\u767d\u3002\u5b9a\u50f9\u8207\u914d\u552e\u591a\u534a\u5728\u5c01\u9589\u6d41\u7a0b\u5b8c\u6210\uff0c\u6a5f\u69cb\u66f4\u65e9\u62ff\u5230\u8cc7\u8a0a\u8207\u984d\u5ea6\uff0c\u6563\u6236\u5e38\u5728\u958b\u76e4\u5f8c\u624d\u9032\u5834\uff0c\u50f9\u5dee\u901a\u5e38\u5df2\u88ab\u5403\u6389\u3002\u52a0\u4e0a\u4e0a\u5e02\u6d41\u7a0b\u6162\u3001\u7d50\u7b97\u6642\u9593\u9577\u3001\u8de8\u5340\u53c3\u8207\u9580\u6abb\u9ad8\uff0c\u9019\u4e9b\u6469\u64e6\u53cd\u800c\u6210\u70ba\u4e2d\u4ecb\u7684\u5229\u76ca\u4f86\u6e90\u3002\u93c8\u4e0a\u767c\u884c\u628a\u6d41\u7a0b\u5beb\u9032\u7a0b\u5f0f\u93c8\u4e0a\u767c\u884c\u7684\u505a\u6cd5\u4e0d\u540c\uff0c\u8a31\u591a\u6a5f\u5236\u628a\u51fa\u50f9\u8207\u6210\u4ea4\u904e\u7a0b\u6524\u5728\u93c8\u4e0a\uff0c\u50f9\u683c\u5f62\u6210\u66f4\u900f\u660e\uff0c\u4ea4\u6613\u8207\u7d50\u7b97\u4e5f\u66f4\u5feb\u3002\u8cc7\u7522\u53ef\u4ee5\u66f4\u65e9\u88ab\u4ea4\u6613\uff0c\u751a\u81f3\u5728\u540c\u4e00\u5957\u7cfb\u7d71\u5167\u88ab\u62ff\u53bb\u505a\u62b5\u62bc\u6216\u53c3\u8207\u5176\u4ed6\u64cd\u4f5c\u3002\u4e2d\u4ecb\u8b8a\u5c11\u4e86\uff0c\u4f46\u5165\u53e3\u4f9d\u7136\u5b58\u5728\uff0c\u53ea\u662f\u5f9e\u9280\u884c\u63db\u6210\u5e73\u53f0\u6216\u5354\u8b70\u3002\u4e0d\u540c\u5e73\u53f0\u7684\u898f\u5247\u4e5f\u4e0d\u4e00\u6a23\u3002\u6709\u4eba\u4e3b\u6253\u4efb\u4f55\u9322\u5305\u90fd\u80fd\u53c3\u8207\uff0c\u6709\u4eba\u8981\u6c42KYC\uff0c\u6709\u4eba\u8a2d\u6700\u4f4e\u91d1\u984d\u9580\u6abb\u3002\u5dee\u5225\u4e0d\u53ea\u5728\u9650\u5236\u591a\u5be1\uff0c\u800c\u5728\u65bc\u767c\u884c\u884c\u70ba\u6703\u4e0d\u6703\u9806\u4fbf\u628a\u9700\u6c42\u5c0e\u5411\u5e73\u53f0\u81ea\u5df1\u7684\u751f\u614b\u8cc7\u7522\u8207\u4ea4\u6613\u5834\u6240\uff0c\u5f62\u6210\u6301\u7e8c\u6027\u7684\u6536\u5165\u4f86\u6e90\u3002pump.fun\u70ba\u4f55\u80fd\u8cfa\u523015\u5104\u7f8e\u5143pump.fun\u8d70\u7684\u662f\u6975\u9ad8\u901f\u7684\u5e02\u5834\u751f\u6210\u8def\u7dda\uff0c\u8b93\u4ee3\u5e63\u7528\u5f88\u5feb\u7684\u901f\u5ea6\u5f62\u6210\u53ef\u4ea4\u6613\u7684\u50f9\u683c\u66f2\u7dda\uff0c\u4e26\u5728\u9054\u5230\u689d\u4ef6\u5f8c\u5c0e\u5165\u6d41\u52d5\u6027\u3002\u5b83\u5f8c\u4f86\u63a8\u51fa\u81ea\u5bb6AMM\u7522\u54c1PumpSwap\uff0c\u8b93\u539f\u672c\u6703\u88ab\u5c0e\u5411Raydium\u7684\u4ea4\u6613\u6d41\uff0c\u6539\u6210\u7559\u5728\u81ea\u5df1\u7684\u7cfb\u7d71\u5167\u6d88\u5316\u3002\u7d50\u679c\u5f88\u6e05\u695a\uff0cpump.fun\u7d2f\u8a08\u624b\u7e8c\u8cbb\u6536\u5165\u63a5\u8fd115\u5104\u7f8e\u5143\uff0c\u767c\u884c\u4ee3\u5e63\u6578\u91cf\u8d85\u904e1680\u842c\u679a\uff0c\u4e26\u628a\u8d85\u904e98%\u7684\u6536\u5165\u7528\u65bc\u56de\u8cfcPUMP\uff0c\u62b5\u6d88\u8d85\u904e27%\u7684\u6d41\u901a\u4f9b\u61c9\u91cf\u3002\u9019\u7a2e\u6a21\u5f0f\u7684\u91cd\u9ede\u4e0d\u662f\u6311\u9078\u597d\u5c08\u6848\uff0c\u800c\u662f\u628a\u767c\u884c\u8207\u4ea4\u6613\u5165\u53e3\u638c\u63e1\u5728\u81ea\u5df1\u624b\u4e0a\uff0c\u8b93\u6bcf\u4e00\u6b21\u65b0\u5e63\u8a95\u751f\u90fd\u8b8a\u6210\u5e73\u53f0\u6536\u5165\u3002Raydium\u70ba\u4f55\u6703\u8dcc\u5230\u9019\u9ebc\u6158Raydium\u539f\u672c\u5403\u5230\u5927\u91cf\u65b0\u5e63\u4e0a\u5e02\u5f8c\u7684\u4ea4\u6613\u91cf\u8207\u8cbb\u7528\u6536\u5165\uff0c\u56e0\u70bapump.fun\u7684\u4ee3\u5e63\u5728\u7562\u696d\u5f8c\u6703\u8def\u7531\u5230Raydium\u3002\u7576pump.fun\u628a\u9019\u689d\u901a\u9053\u5207\u65b7\uff0cRaydium\u7684AMM\u6536\u5165\u4f30\u8a08\u5c11\u4e86\u7d0435%\u523040%\uff0cRAY\u5148\u8dcc\u7d0430%\u3002Raydium\u96a8\u5f8c\u63a8\u51faLaunchLab\u53cd\u64ca\uff0c\u50f9\u683c\u66fe\u4e00\u5ea6\u4e0a\u6f32\uff0c\u4f46\u5728\u7af6\u722d\u683c\u5c40\u6539\u8b8a\u5f8c\uff0cRAY\u4ecd\u4e00\u8def\u8d70\u5f31\uff0c\u7d2f\u8a08\u8dcc\u5e45\u63a5\u8fd170%\u3002\u9019\u500b\u6848\u4f8b\u628a\u9053\u7406\u8b1b\u5f97\u5f88\u660e\u767d\uff0c\u5931\u53bb\u4ee3\u5e63\u767c\u884c\u5165\u53e3\uff0c\u5c31\u5bb9\u6613\u5931\u53bb\u4e0b\u6e38\u8a02\u55ae\u6d41\u8207\u624b\u7e8c\u8cbb\uff0c\u6536\u5165\u6a21\u5f0f\u6703\u88ab\u52d5\u6416\u3002Hyperliquid HIP-6\u60f3\u628a\u767c\u884c\u8207\u4ea4\u6613\u4e00\u6b21\u6574\u5408\u53e6\u4e00\u689d\u8def\u7dda\u66f4\u50cf\u628a\u50b3\u7d71\u627f\u92b7\u6d41\u7a0b\u7528\u93c8\u4e0a\u65b9\u5f0f\u91cd\u505a\u3002Hyperliquid\u63d0\u51faHIP-6\uff0c\u60f3\u5728\u5171\u8b58\u5c64\u5167\u5d4c\u5165\u9023\u7e8c\u6e05\u7b97\u62cd\u8ce3\u6a5f\u5236\uff0c\u8b93\u4ee3\u5e63\u5206\u914d\u8207\u5b9a\u50f9\u6309\u5340\u584a\u9032\u884c\uff0c\u9010\u6b65\u91cb\u653e\uff0c\u4e26\u5728\u7d50\u7b97\u6642\u81ea\u52d5\u6ce8\u5165\u6d41\u52d5\u6027\uff0c\u964d\u4f4e\u88ab\u72d9\u64ca\u6216\u88ab\u64cd\u7e31\u7684\u7a7a\u9593\u3002\u63d0\u6848\u540c\u6642\u8a2d\u8a08\u5354\u8b70\u8cbb\u7528\u8207\u8cc7\u91d1\u53bb\u5411\uff0c\u4f8b\u5982\u6536\u53d6500\u500b\u57fa\u9ede\u4f5c\u70ba\u5354\u8b70\u8cbb\uff0c\u90e8\u5206\u6de8\u6536\u76ca\u7528\u65bc\u555f\u52d5\u5e02\u5834\u6d41\u52d5\u6027\uff0c\u5176\u9918\u518d\u652f\u4ed8\u7d66\u90e8\u7f72\u8005\u3002\u7c21\u5316\u5f8c\u53ef\u4ee5\u7406\u89e3\u70ba\uff0c\u7cfb\u7d71\u60f3\u63d0\u4f9b\u4e00\u5957\u66f4\u898f\u683c\u5316\u7684\u767c\u884c\u65b9\u5f0f\uff0c\u4e26\u628a\u4ea4\u6613\u5e02\u5834\u66f4\u5feb\u958b\u8d77\u4f86\uff0c\u8b93\u767c\u884c\u5e73\u53f0\u672c\u8eab\u540c\u6642\u8b8a\u6210\u4ea4\u6613\u8207\u6d41\u52d5\u6027\u4e2d\u5fc3\u3002\u93c8\u4e0a\u767c\u884c\u4e5f\u6709\u89e3\u4e0d\u4e86\u7684\u96e3\u984c\u5373\u4f7f\u6d41\u7a0b\u900f\u660e\u8207\u7d50\u7b97\u5feb\u901f\uff0c\u93c8\u4e0a\u6a5f\u5236\u4ecd\u5f88\u96e3\u66ff\u4ee3\u50b3\u7d71\u6a5f\u69cb\u5728\u54c1\u8cea\u5be9\u67e5\u8207\u8cac\u4efb\u627f\u64d4\u4e0a\u7684\u89d2\u8272\u3002pump.fun\u53ef\u4ee5\u8b93\u5b9a\u50f9\u66f2\u7dda\u770b\u8d77\u4f86\u516c\u5e73\uff0c\u4f46\u4e0d\u4ee3\u8868\u4ee3\u5e63\u80cc\u5f8c\u7684\u5c08\u6848\u53ef\u9760\u3002HIP-6\u4e5f\u4e3b\u8981\u89e3\u6c7a\u5b9a\u50f9\u8207\u5206\u914d\u65b9\u5f0f\uff0c\u5c0d\u6cbb\u7406\u3001\u8cc7\u8a0a\u63ed\u9732\u8207\u6301\u6709\u4eba\u4fdd\u8b77\u4e26\u975e\u91cd\u9ede\u3002\u82e5\u52a0\u5165KYC\u8207\u66f4\u56b4\u683c\u7684\u898f\u7bc4\uff0c\u96d6\u80fd\u63d0\u5347\u5408\u898f\u8207\u8cc7\u8a0a\u900f\u660e\uff0c\u537b\u6703\u628a\u9580\u6abb\u62c9\u9ad8\uff0c\u56de\u5230\u93c8\u4e0a\u539f\u672c\u60f3\u964d\u4f4e\u7684\u9650\u5236\u3002\u518d\u52a0\u4e0a\u5404\u570b\u5c0d\u4ee3\u5e63\u767c\u884c\u7684\u6cd5\u5f8b\u5b9a\u6027\u4ecd\u4e0d\u4e00\u81f4\uff0c\u4e0d\u78ba\u5b9a\u6027\u4ecd\u5b58\u5728\u3002\u7d50\u8ad6\u767c\u5e63\u5e73\u53f0\u7684\u7af6\u722d\u6838\u5fc3\uff0c\u5df2\u5f9e\u55ae\u7d14\u7684\u4e8c\u7d1a\u5e02\u5834\u4ea4\u6613\u91cf\uff0c\u8f49\u5411\u8ab0\u80fd\u63a7\u5236\u4ee3\u5e63\u5982\u4f55\u51fa\u751f\u3002pump.fun\u4e4b\u6240\u4ee5\u80fd\u8cfa\u5230\u7d0415\u5104\u7f8e\u5143\uff0c\u95dc\u9375\u5728\u628a\u767c\u884c\u3001\u6d41\u52d5\u6027\u8207\u8a02\u55ae\u6d41\u7559\u5728\u81ea\u5bb6\u7cfb\u7d71\uff0c\u8b93\u6bcf\u4e00\u6b21\u65b0\u5e63\u4e0a\u5e02\u90fd\u8b8a\u6210\u53ef\u6301\u7e8c\u7684\u8cbb\u7528\u4f86\u6e90\u3002Raydium\u7684\u4e0b\u8dcc\u5247\u8aaa\u660e\uff0c\u4e00\u65e6\u5931\u53bb\u65b0\u5e63\u5165\u53e3\uff0c\u6536\u5165\u8207\u4f30\u503c\u90fd\u53ef\u80fd\u88ab\u91cd\u65b0\u5b9a\u50f9\u3002HIP-6\u4ee3\u8868\u53e6\u4e00\u7a2e\u65b9\u5411\uff0c\u628a\u62cd\u8ce3\u3001\u5b9a\u50f9\u3001\u7d50\u7b97\u8207\u958b\u76e4\u4ea4\u6613\u66f4\u6df1\u5ea6\u6574\u5408\uff0c\u8b93\u5354\u8b70\u6210\u70ba\u65b0\u7684\u627f\u92b7\u8005\u3002\u672a\u4f86\u8ab0\u80fd\u540c\u6642\u505a\u5230\u6548\u7387\u3001\u900f\u660e\u3001\u6d41\u52d5\u6027\u8207\u66f4\u53ef\u63a5\u53d7\u7684\u98a8\u96aa\u63a7\u5236\uff0c\u8ab0\u5c31\u66f4\u53ef\u80fd\u5728\u4e0b\u4e00\u8f2a\u5e73\u53f0\u7af6\u722d\u4e2d\u7ad9\u4e0a\u512a\u52e2\u4f4d\u7f6e\u3002\u63a2\u7d22\u66f4\u591a\uff1a\u76e4\u9ede2026\u6700\u5177\u7206\u767c\u529b\u7684\u52a0\u5bc6\u8ca8\u5e63<\/p>\n","protected":false},"author":174,"featured_media":1241,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17],"tags":[184,185,186,183],"editors":[36],"sponsored_companies":[],"class_list":["post-1240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-pumpfun","tag-raydium","tag-dai-bi-fa-xing","tag-fa-bi-ping-tai","editors-mark-mak"],"acf":[],"yoast_head":"\n\u767c\u5e63\u5e73\u53f0\u70ba\u4f55\u5dee\u5f88\u5927 pump.fun\u8cfa15\u5104\u7f8e\u5143 Raydium\u8dcc70% \u95dc\u9375\u5728\u638c\u63e1\u4ee3\u5e63\u767c\u884c\u5165\u53e3<\/title>\n<meta name=\"description\" content=\"\u52a0\u5bc6\u5e02\u5834\u770b\u4f3c\u6bcf\u5929\u90fd\u6709\u65b0\u5e63\u4e0a\u7dda\uff0c\u771f\u6b63\u6c7a\u5b9a\u5e73\u53f0\u9577\u671f\u6536\u5165\u7684\uff0c\u4e0d\u662f\u884c\u60c5\u6f32\u8dcc\uff0c\u800c\u662f\u8ab0\u638c\u63e1\u4ee3\u5e63\u4e00\u958b\u59cb\u5728\u54ea\u88e1\u767c\u884c\u3001\u600e\u9ebc\u8ce3\u3001\u7528\u4ec0\u9ebc\u65b9\u5f0f\u628a\u4ea4\u6613\u91cf\u5c0e\u9032\u4f86\u3002\u8fd1\u671f\u6700\u5178\u578b\u7684\u5c0d\u7167\uff0c\u5c31\u662fpump.fun\u7d2f\u8a08\u8cfa\u9032\u7d0415\u5104\u7f8e\u5143\u624b\u7e8c\u8cbb\uff0cRaydium\u5728\u5931\u53bb\u5927\u91cf\u65b0\u5e63\u8a02\u55ae\u6d41\u5f8c\uff0cRAY\u50f9\u683c\u4e00\u5ea6\u8dcc\u5230\u8fd12\u5e74\u4f4e\u9ede\u3002\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.com\/tw\/news\/pump-fun-revenue-1-5b-vs-raydium-decline-token-launchpad-monopoly\/\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u767c\u5e63\u5e73\u53f0\u70ba\u4f55\u5dee\u5f88\u5927 pump.fun\u8cfa15\u5104\u7f8e\u5143 Raydium\u8dcc70% \u95dc\u9375\u5728\u638c\u63e1\u4ee3\u5e63\u767c\u884c\u5165\u53e3\" \/>\n<meta property=\"og:description\" content=\"\u52a0\u5bc6\u5e02\u5834\u770b\u4f3c\u6bcf\u5929\u90fd\u6709\u65b0\u5e63\u4e0a\u7dda\uff0c\u771f\u6b63\u6c7a\u5b9a\u5e73\u53f0\u9577\u671f\u6536\u5165\u7684\uff0c\u4e0d\u662f\u884c\u60c5\u6f32\u8dcc\uff0c\u800c\u662f\u8ab0\u638c\u63e1\u4ee3\u5e63\u4e00\u958b\u59cb\u5728\u54ea\u88e1\u767c\u884c\u3001\u600e\u9ebc\u8ce3\u3001\u7528\u4ec0\u9ebc\u65b9\u5f0f\u628a\u4ea4\u6613\u91cf\u5c0e\u9032\u4f86\u3002\u8fd1\u671f\u6700\u5178\u578b\u7684\u5c0d\u7167\uff0c\u5c31\u662fpump.fun\u7d2f\u8a08\u8cfa\u9032\u7d0415\u5104\u7f8e\u5143\u624b\u7e8c\u8cbb\uff0cRaydium\u5728\u5931\u53bb\u5927\u91cf\u65b0\u5e63\u8a02\u55ae\u6d41\u5f8c\uff0cRAY\u50f9\u683c\u4e00\u5ea6\u8dcc\u5230\u8fd12\u5e74\u4f4e\u9ede\u3002\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.com\/tw\/news\/pump-fun-revenue-1-5b-vs-raydium-decline-token-launchpad-monopoly\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoNews \u7e41\u9ad4\u4e2d\u6587\u7248|\u52a0\u5bc6\u8ca8\u5e63\u65b0\u805e\u3001\u6bd4\u7279\u5e63\u8207\u5340\u584a\u93c8\u884c\u60c5\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-10T04:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cimg.co\/wp-content\/uploads\/sites\/28\/2026\/03\/09165002\/e1061444-e4c3-44a3-a9b6-cd310586a973.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1536\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"\u767c\u5e63\u5e73\u53f0\u70ba\u4f55\u5dee\u5f88\u5927 pump.fun\u8cfa15\u5104\u7f8e\u5143 Raydium\u8dcc70% \u95dc\u9375\u5728\u638c\u63e1\u4ee3\u5e63\u767c\u884c\u5165\u53e3\" \/>\n<meta name=\"twitter:description\" content=\"\u52a0\u5bc6\u5e02\u5834\u770b\u4f3c\u6bcf\u5929\u90fd\u6709\u65b0\u5e63\u4e0a\u7dda\uff0c\u771f\u6b63\u6c7a\u5b9a\u5e73\u53f0\u9577\u671f\u6536\u5165\u7684\uff0c\u4e0d\u662f\u884c\u60c5\u6f32\u8dcc\uff0c\u800c\u662f\u8ab0\u638c\u63e1\u4ee3\u5e63\u4e00\u958b\u59cb\u5728\u54ea\u88e1\u767c\u884c\u3001\u600e\u9ebc\u8ce3\u3001\u7528\u4ec0\u9ebc\u65b9\u5f0f\u628a\u4ea4\u6613\u91cf\u5c0e\u9032\u4f86\u3002\u8fd1\u671f\u6700\u5178\u578b\u7684\u5c0d\u7167\uff0c\u5c31\u662fpump.fun\u7d2f\u8a08\u8cfa\u9032\u7d0415\u5104\u7f8e\u5143\u624b\u7e8c\u8cbb\uff0cRaydium\u5728\u5931\u53bb\u5927\u91cf\u65b0\u5e63\u8a02\u55ae\u6d41\u5f8c\uff0cRAY\u50f9\u683c\u4e00\u5ea6\u8dcc\u5230\u8fd12\u5e74\u4f4e\u9ede\u3002\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/cimg.co\/wp-content\/uploads\/sites\/28\/2026\/03\/09165002\/e1061444-e4c3-44a3-a9b6-cd310586a973.jpeg\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"\u767c\u5e63\u5e73\u53f0\u70ba\u4f55\u5dee\u5f88\u5927 pump.fun\u8cfa15\u5104\u7f8e\u5143 Raydium\u8dcc70% \u95dc\u9375\u5728\u638c\u63e1\u4ee3\u5e63\u767c\u884c\u5165\u53e3","description":"\u52a0\u5bc6\u5e02\u5834\u770b\u4f3c\u6bcf\u5929\u90fd\u6709\u65b0\u5e63\u4e0a\u7dda\uff0c\u771f\u6b63\u6c7a\u5b9a\u5e73\u53f0\u9577\u671f\u6536\u5165\u7684\uff0c\u4e0d\u662f\u884c\u60c5\u6f32\u8dcc\uff0c\u800c\u662f\u8ab0\u638c\u63e1\u4ee3\u5e63\u4e00\u958b\u59cb\u5728\u54ea\u88e1\u767c\u884c\u3001\u600e\u9ebc\u8ce3\u3001\u7528\u4ec0\u9ebc\u65b9\u5f0f\u628a\u4ea4\u6613\u91cf\u5c0e\u9032\u4f86\u3002\u8fd1\u671f\u6700\u5178\u578b\u7684\u5c0d\u7167\uff0c\u5c31\u662fpump.fun\u7d2f\u8a08\u8cfa\u9032\u7d0415\u5104\u7f8e\u5143\u624b\u7e8c\u8cbb\uff0cRaydium\u5728\u5931\u53bb\u5927\u91cf\u65b0\u5e63\u8a02\u55ae\u6d41\u5f8c\uff0cRAY\u50f9\u683c\u4e00\u5ea6\u8dcc\u5230\u8fd12\u5e74\u4f4e\u9ede\u3002","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptonews.com\/tw\/news\/pump-fun-revenue-1-5b-vs-raydium-decline-token-launchpad-monopoly\/","og_locale":"zh_CN","og_type":"article","og_title":"\u767c\u5e63\u5e73\u53f0\u70ba\u4f55\u5dee\u5f88\u5927 pump.fun\u8cfa15\u5104\u7f8e\u5143 Raydium\u8dcc70% \u95dc\u9375\u5728\u638c\u63e1\u4ee3\u5e63\u767c\u884c\u5165\u53e3","og_description":"\u52a0\u5bc6\u5e02\u5834\u770b\u4f3c\u6bcf\u5929\u90fd\u6709\u65b0\u5e63\u4e0a\u7dda\uff0c\u771f\u6b63\u6c7a\u5b9a\u5e73\u53f0\u9577\u671f\u6536\u5165\u7684\uff0c\u4e0d\u662f\u884c\u60c5\u6f32\u8dcc\uff0c\u800c\u662f\u8ab0\u638c\u63e1\u4ee3\u5e63\u4e00\u958b\u59cb\u5728\u54ea\u88e1\u767c\u884c\u3001\u600e\u9ebc\u8ce3\u3001\u7528\u4ec0\u9ebc\u65b9\u5f0f\u628a\u4ea4\u6613\u91cf\u5c0e\u9032\u4f86\u3002\u8fd1\u671f\u6700\u5178\u578b\u7684\u5c0d\u7167\uff0c\u5c31\u662fpump.fun\u7d2f\u8a08\u8cfa\u9032\u7d0415\u5104\u7f8e\u5143\u624b\u7e8c\u8cbb\uff0cRaydium\u5728\u5931\u53bb\u5927\u91cf\u65b0\u5e63\u8a02\u55ae\u6d41\u5f8c\uff0cRAY\u50f9\u683c\u4e00\u5ea6\u8dcc\u5230\u8fd12\u5e74\u4f4e\u9ede\u3002","og_url":"https:\/\/cryptonews.com\/tw\/news\/pump-fun-revenue-1-5b-vs-raydium-decline-token-launchpad-monopoly\/","og_site_name":"CryptoNews \u7e41\u9ad4\u4e2d\u6587\u7248|\u52a0\u5bc6\u8ca8\u5e63\u65b0\u805e\u3001\u6bd4\u7279\u5e63\u8207\u5340\u584a\u93c8\u884c\u60c5","article_published_time":"2026-03-10T04:00:00+00:00","og_image":[{"width":1536,"height":1024,"url":"https:\/\/cimg.co\/wp-content\/uploads\/sites\/28\/2026\/03\/09165002\/e1061444-e4c3-44a3-a9b6-cd310586a973.jpeg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_title":"\u767c\u5e63\u5e73\u53f0\u70ba\u4f55\u5dee\u5f88\u5927 pump.fun\u8cfa15\u5104\u7f8e\u5143 Raydium\u8dcc70% \u95dc\u9375\u5728\u638c\u63e1\u4ee3\u5e63\u767c\u884c\u5165\u53e3","twitter_description":"\u52a0\u5bc6\u5e02\u5834\u770b\u4f3c\u6bcf\u5929\u90fd\u6709\u65b0\u5e63\u4e0a\u7dda\uff0c\u771f\u6b63\u6c7a\u5b9a\u5e73\u53f0\u9577\u671f\u6536\u5165\u7684\uff0c\u4e0d\u662f\u884c\u60c5\u6f32\u8dcc\uff0c\u800c\u662f\u8ab0\u638c\u63e1\u4ee3\u5e63\u4e00\u958b\u59cb\u5728\u54ea\u88e1\u767c\u884c\u3001\u600e\u9ebc\u8ce3\u3001\u7528\u4ec0\u9ebc\u65b9\u5f0f\u628a\u4ea4\u6613\u91cf\u5c0e\u9032\u4f86\u3002\u8fd1\u671f\u6700\u5178\u578b\u7684\u5c0d\u7167\uff0c\u5c31\u662fpump.fun\u7d2f\u8a08\u8cfa\u9032\u7d0415\u5104\u7f8e\u5143\u624b\u7e8c\u8cbb\uff0cRaydium\u5728\u5931\u53bb\u5927\u91cf\u65b0\u5e63\u8a02\u55ae\u6d41\u5f8c\uff0cRAY\u50f9\u683c\u4e00\u5ea6\u8dcc\u5230\u8fd12\u5e74\u4f4e\u9ede\u3002","twitter_image":"https:\/\/cimg.co\/wp-content\/uploads\/sites\/28\/2026\/03\/09165002\/e1061444-e4c3-44a3-a9b6-cd310586a973.jpeg","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptonews.com\/tw\/news\/pump-fun-revenue-1-5b-vs-raydium-decline-token-launchpad-monopoly\/#article","isPartOf":{"@id":"https:\/\/cryptonews.com\/tw\/news\/pump-fun-revenue-1-5b-vs-raydium-decline-token-launchpad-monopoly\/"},"author":{"name":"amandawong","@id":"https:\/\/cryptonews.com\/tw\/#\/schema\/person\/f4293d9e0ebcc5632c1d293a8bf58cdf"},"headline":"\u767c\u5e63\u5e73\u53f0\u70ba\u4f55\u5dee\u5f88\u5927 pump.fun\u8cfa15\u5104\u7f8e\u5143 Raydium\u8dcc70% \u95dc\u9375\u5728\u638c\u63e1\u4ee3\u5e63\u767c\u884c\u5165\u53e3","datePublished":"2026-03-10T04:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptonews.com\/tw\/news\/pump-fun-revenue-1-5b-vs-raydium-decline-token-launchpad-monopoly\/"},"wordCount":47,"image":{"@id":"https:\/\/cryptonews.com\/tw\/news\/pump-fun-revenue-1-5b-vs-raydium-decline-token-launchpad-monopoly\/#primaryimage"},"thumbnailUrl":"https:\/\/cimg.co\/wp-content\/uploads\/sites\/28\/2026\/03\/09165002\/e1061444-e4c3-44a3-a9b6-cd310586a973.jpeg","keywords":["pump.fun","Raydium","\u4ee3\u5e63\u767c\u884c","\u767c\u5e63\u5e73\u53f0"],"articleSection":["\u5373\u6642\u65b0\u805e"],"inLanguage":"zh-CN","copyrightYear":"2026","copyrightHolder":{"@id":"https:\/\/cryptonews.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptonews.com\/tw\/news\/pump-fun-revenue-1-5b-vs-raydium-decline-token-launchpad-monopoly\/","url":"https:\/\/cryptonews.com\/tw\/news\/pump-fun-revenue-1-5b-vs-raydium-decline-token-launchpad-monopoly\/","name":"\u767c\u5e63\u5e73\u53f0\u70ba\u4f55\u5dee\u5f88\u5927 pump.fun\u8cfa15\u5104\u7f8e\u5143 Raydium\u8dcc70% \u95dc\u9375\u5728\u638c\u63e1\u4ee3\u5e63\u767c\u884c\u5165\u53e3","isPartOf":{"@id":"https:\/\/cryptonews.com\/tw\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptonews.com\/tw\/news\/pump-fun-revenue-1-5b-vs-raydium-decline-token-launchpad-monopoly\/#primaryimage"},"image":{"@id":"https:\/\/cryptonews.com\/tw\/news\/pump-fun-revenue-1-5b-vs-raydium-decline-token-launchpad-monopoly\/#primaryimage"},"thumbnailUrl":"https:\/\/cimg.co\/wp-content\/uploads\/sites\/28\/2026\/03\/09165002\/e1061444-e4c3-44a3-a9b6-cd310586a973.jpeg","datePublished":"2026-03-10T04:00:00+00:00","author":[],"description":"\u52a0\u5bc6\u5e02\u5834\u770b\u4f3c\u6bcf\u5929\u90fd\u6709\u65b0\u5e63\u4e0a\u7dda\uff0c\u771f\u6b63\u6c7a\u5b9a\u5e73\u53f0\u9577\u671f\u6536\u5165\u7684\uff0c\u4e0d\u662f\u884c\u60c5\u6f32\u8dcc\uff0c\u800c\u662f\u8ab0\u638c\u63e1\u4ee3\u5e63\u4e00\u958b\u59cb\u5728\u54ea\u88e1\u767c\u884c\u3001\u600e\u9ebc\u8ce3\u3001\u7528\u4ec0\u9ebc\u65b9\u5f0f\u628a\u4ea4\u6613\u91cf\u5c0e\u9032\u4f86\u3002\u8fd1\u671f\u6700\u5178\u578b\u7684\u5c0d\u7167\uff0c\u5c31\u662fpump.fun\u7d2f\u8a08\u8cfa\u9032\u7d0415\u5104\u7f8e\u5143\u624b\u7e8c\u8cbb\uff0cRaydium\u5728\u5931\u53bb\u5927\u91cf\u65b0\u5e63\u8a02\u55ae\u6d41\u5f8c\uff0cRAY\u50f9\u683c\u4e00\u5ea6\u8dcc\u5230\u8fd12\u5e74\u4f4e\u9ede\u3002","breadcrumb":{"@id":"https:\/\/cryptonews.com\/tw\/news\/pump-fun-revenue-1-5b-vs-raydium-decline-token-launchpad-monopoly\/#breadcrumb"},"inLanguage":"zh-CN","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptonews.com\/tw\/news\/pump-fun-revenue-1-5b-vs-raydium-decline-token-launchpad-monopoly\/"]}]},{"@type":"ImageObject","inLanguage":"zh-CN","@id":"https:\/\/cryptonews.com\/tw\/news\/pump-fun-revenue-1-5b-vs-raydium-decline-token-launchpad-monopoly\/#primaryimage","url":"https:\/\/cimg.co\/wp-content\/uploads\/sites\/28\/2026\/03\/09165002\/e1061444-e4c3-44a3-a9b6-cd310586a973.jpeg","contentUrl":"https:\/\/cimg.co\/wp-content\/uploads\/sites\/28\/2026\/03\/09165002\/e1061444-e4c3-44a3-a9b6-cd310586a973.jpeg","width":1536,"height":1024},{"@type":"BreadcrumbList","@id":"https:\/\/cryptonews.com\/tw\/news\/pump-fun-revenue-1-5b-vs-raydium-decline-token-launchpad-monopoly\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptonews.com\/tw\/"},{"@type":"ListItem","position":2,"name":"\u767c\u5e63\u5e73\u53f0\u70ba\u4f55\u5dee\u5f88\u5927 pump.fun\u8cfa15\u5104\u7f8e\u5143 Raydium\u8dcc70% \u95dc\u9375\u5728\u638c\u63e1\u4ee3\u5e63\u767c\u884c\u5165\u53e3"}]},{"@type":"WebSite","@id":"https:\/\/cryptonews.com\/tw\/#website","url":"https:\/\/cryptonews.com\/tw\/","name":"CryptoNews \u7e41\u9ad4\u4e2d\u6587\u7248|\u52a0\u5bc6\u8ca8\u5e63\u65b0\u805e\u3001\u6bd4\u7279\u5e63\u8207\u5340\u584a\u93c8\u884c\u60c5","description":"CryptoNews \u7e41\u9ad4\u4e2d\u6587\u7248\u63d0\u4f9b\u5168\u7403\u6700\u5373\u6642\u7684\u52a0\u5bc6\u8ca8\u5e63\u8207\u865b\u64ec\u8ca8\u5e63\u65b0\u805e\u3002\u6db5\u84cb\u6bd4\u7279\u5e63\u884c\u60c5\u3001\u4ee5\u592a\u574a\u8d70\u52e2\u53ca\u5340\u584a\u93c8\u6280\u8853\u6df1\u5ea6\u5206\u6790\u3002\u5c08\u70ba\u8b80\u8005\u6253\u9020\uff0c\u638c\u63e1\u5e63\u5708\u6295\u8cc7\u5148\u6a5f\u3002","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptonews.com\/tw\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"zh-CN"}]}},"_links":{"self":[{"href":"https:\/\/cryptonews.com\/tw\/wp-json\/wp\/v2\/posts\/1240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptonews.com\/tw\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptonews.com\/tw\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptonews.com\/tw\/wp-json\/wp\/v2\/users\/174"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptonews.com\/tw\/wp-json\/wp\/v2\/comments?post=1240"}],"version-history":[{"count":2,"href":"https:\/\/cryptonews.com\/tw\/wp-json\/wp\/v2\/posts\/1240\/revisions"}],"predecessor-version":[{"id":1251,"href":"https:\/\/cryptonews.com\/tw\/wp-json\/wp\/v2\/posts\/1240\/revisions\/1251"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptonews.com\/tw\/wp-json\/wp\/v2\/media\/1241"}],"wp:attachment":[{"href":"https:\/\/cryptonews.com\/tw\/wp-json\/wp\/v2\/media?parent=1240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptonews.com\/tw\/wp-json\/wp\/v2\/categories?post=1240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptonews.com\/tw\/wp-json\/wp\/v2\/tags?post=1240"},{"taxonomy":"editors","embeddable":true,"href":"https:\/\/cryptonews.com\/tw\/wp-json\/wp\/v2\/editors?post=1240"},{"taxonomy":"sponsored_companies","embeddable":true,"href":"https:\/\/cryptonews.com\/tw\/wp-json\/wp\/v2\/sponsored_companies?post=1240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}