Raydium, a Solana DEX and automated market maker, is unveiling LaunchLab, a token launchpad that mirrors functionalities of pump.fun. This strategic move follows the severance of an unofficial partnership with pump.fun, which recently developed its own AMM. LaunchLab will feature various bonding curves and allow third-party UIs to determine their own fees. The platform is part of Raydium's broader initiative to provide a suite of token creation tools, targeting users and teams seeking alternatives to developing their own solutions. Despite previous financial setbacks, Raydium persists with significant reserves to fund such innovative endeavors.