Raydium Expands LaunchLab to Any Token Pair on Solana
The upgrade lets new tokens launch against tokenized stocks, ETFs, cryptocurrencies and other assets. Deployment costs fell from 0.29 SOL to 0.03 SOL.
Raydium has expanded LaunchLab to support any token pair available on its infrastructure, allowing new Solana tokens to launch against tokenized equities and other assets.
Raydium announced the expansion Sept. 6, after StonkFun said Sept. 5 that all of its new deployments would use LaunchLab. StonkFun said the move reduced deployment costs from 0.29 SOL to 0.03 SOL, while also lowering sniper risk and allowing liquidity to compound after bonding.
Raydium is a decentralized exchange and liquidity venue on Solana. LaunchLab was built for token launches and liquidity bootstrapping, and the expanded pairing model lets new tokens use assets beyond SOL and stablecoins.
StonkFun uses tokenized stocks and exchange-traded funds, cryptocurrencies and other assets as quote tokens. In a trading pair, the tokenized equity sets the asset used for pricing and exchange. Pairing a token with a tokenized stock or ETF does not automatically represent direct ownership of the underlying company.
The model could broaden decentralized-exchange activity beyond memecoins, while creating additional regulatory questions. If a tokenized product is treated as a security, the issuer, trading venue or liquidity provider could face securities-law obligations depending on the jurisdiction and the product’s structure.
The expansion also adds to Raydium’s role as a venue for new Solana assets, including Injective’s Solana-based INJ token. The expansion does not by itself show that tokenized equities caused any increase in Raydium revenue; broader Solana activity, StonkFun-related launches and speculative trading may also contribute.
