727 FinanceBlockBeats news, October 9: Pump.fun announced an update to its Custom Pairs feature. Previously, new coins could only be paired with tokenized stocks or whitelisted tokens; now they can be paired with any token issued on the platform that is still on the bonding curve or has graduated to PumpSwap. Coins that have graduated to Raydium and are not whitelisted are not yet supported, except for whitelisted projects such as Fartcoin.
The official statement said that in the past, derivative markets for popular coins would divert attention and liquidity. Under the new mechanism, when buying a new coin paired with an existing coin, funds are first swapped into the paired coin and then used to buy the new coin, thereby bringing buying pressure and deeper liquidity to the original coin's pool. Currently, pairing depth is limited to one level, and the pairing relationships of already-launched coins cannot be changed; the platform has also adjusted the fee calculation for multi-hop swaps to avoid fees stacking up layer by layer.