PumpSwap vs Raydium: fees, features and safety compared

PumpSwap and Raydium side by side
Feature	PumpSwap	Raydium
FeesDiffers	Graduated (canonical) pools charge 1.25% in total below 420 SOL market cap, falling to 0.30% at 98,240 SOL and above; non-canonical pools charge a flat 0.3% (0.25% LP, 0.05% protocol)●	CPMM fee tiers run 0.005% to 4% (default 0.25%) and CLMM tiers 0.01% to 4% (default 0.25%); trading fees split 84% to liquidity providers, 12% to RAY buyback and 4% to treasury; standard pools cost 0.15 SOL to create, CLMM has no Raydium creation fee●
Custody	—	Your wallet signs
Open source	—	Yes●
Audited	—	Yes●
Pool creation fee	—	0.15 SOL●
Pool typesDiffers	canonical (graduated from the bonding curve), non-canonical●	AMM v4, CPMM, CLMM●

Feature

FeesDiffers

Graduated (canonical) pools charge 1.25% in total below 420 SOL market cap, falling to 0.30% at 98,240 SOL and above; non-canonical pools charge a flat 0.3% (0.25% LP, 0.05% protocol)●

CPMM fee tiers run 0.005% to 4% (default 0.25%) and CLMM tiers 0.01% to 4% (default 0.25%); trading fees split 84% to liquidity providers, 12% to RAY buyback and 4% to treasury; standard pools cost 0.15 SOL to create, CLMM has no Raydium creation fee●

Custody

—

Your wallet signs

Open source

—

Yes●

Audited

—

Yes●

Pool creation fee

—

0.15 SOL●

Pool typesDiffers

canonical (graduated from the bonding curve), non-canonical●

AMM v4, CPMM, CLMM●

What each tool is

PumpSwap: swap.pump.fun returned only a title banner when fetched.
Raydium: Raydium is a Solana DEX with AMM v4, CPMM and CLMM pools and LaunchLab, documented with a published fee table.

Where they differ

Fees: PumpSwap is Graduated (canonical) pools charge 1.25% in total below 420 SOL market cap, falling to 0.30% at 98,240 SOL and above; non-canonical pools charge a flat 0.3% (0.25% LP, 0.05% protocol). Raydium is CPMM fee tiers run 0.005% to 4% (default 0.25%) and CLMM tiers 0.01% to 4% (default 0.25%); trading fees split 84% to liquidity providers, 12% to RAY buyback and 4% to treasury; standard pools cost 0.15 SOL to create, CLMM has no Raydium creation fee.
Pool types: PumpSwap is canonical (graduated from the bonding curve), non-canonical. Raydium is AMM v4, CPMM, CLMM.

Stated for only one tool

Audit report: Raydium is https://docs.raydium.io/security/audits. PumpSwap's own site does not state this.
Audited: Raydium is yes. PumpSwap's own site does not state this.
Custody: Raydium is non-custodial (your wallet signs). PumpSwap's own site does not state this.
Open source: Raydium is yes. PumpSwap's own site does not state this.
Pool creation fee: Raydium is 0.15 SOL. PumpSwap's own site does not state this.

Compiled from each tool's own website and docs. Values link to their sources in the table above. Anything a site does not state is left out rather than guessed.

Questions people ask

What is the difference between PumpSwap and Raydium?

Fees: PumpSwap is Graduated (canonical) pools charge 1.25% in total below 420 SOL market cap, falling to 0.30% at 98,240 SOL and above; non-canonical pools charge a flat 0.3% (0.25% LP, 0.05% protocol). Raydium is CPMM fee tiers run 0.005% to 4% (default 0.25%) and CLMM tiers 0.01% to 4% (default 0.25%); trading fees split 84% to liquidity providers, 12% to RAY buyback and 4% to treasury; standard pools cost 0.15 SOL to create, CLMM has no Raydium creation fee. Pool types: PumpSwap is canonical (graduated from the bonding curve), non-canonical. Raydium is AMM v4, CPMM, CLMM.

Side by side

What each tool is

Where they differ

Stated for only one tool

Questions people ask