1. Why most Solana meme coins die after launch
Pump.fun made it trivial to launch a meme coin: 1-click minting, bonding curves and built-in liquidity. At its peak, Pump.fun was behind the majority of new Solana tokens and a huge share of trading activity. But the reality is simple:
- Most tokens never graduate or migrate to a serious DEX.
- Even those that do often get zero post-launch planning for liquidity or market making.
- Volume dries up, charts flatline and the market moves on to the next narrative.
At the same time, more infrastructure is being built: PumpSwap, Raydium’s own memecoin tooling and other launchpads. Liquidity can move between Pump.fun’s bonding curve, PumpSwap and Raydium – but without a clear market making plan, your meme is just another candle in a sea of dead tickers.
2. The lifecycle of a Solana meme coin (and where MM matters)
Every Solana meme coin goes through roughly the same lifecycle – the only question is whether it dies at Phase 1, 2, 3 or survives:
Phase 1 – Birth
Launch on Pump.fun or a similar launchpad. Bonding curve provides the initial price and “locked” liquidity.
Phase 2 – Graduation
Token reaches curve completion and liquidity moves to a DEX – historically Raydium, now often PumpSwap for many tokens.
Phase 3 – DEX reality
Token lives in a pool (Raydium / PumpSwap / other AMM). Liquidity becomes real: anyone can hit bids/asks, and slippage depends on pool size.
Phase 4 – Survive or vanish
Either the meme keeps getting new buyers + real liquidity + narrative, or volume vanishes and the chart goes flat. This is where market making actually matters.
Market making is about making Phase 3 and 4 less brutal – smoothing volatility, supporting price discovery and avoiding “dead market” optics, while still letting real buyers trade freely.
3. What “keeping your meme coin alive” actually means
For a Solana meme coin, “alive” is not about promises or a roadmap PDF – it’s about on-chain reality:
- Liquidity: enough depth in the pool that a normal buy/sell doesn’t nuke the chart. }
- Volume: consistent trading activity (not just 1 candle every 3 days).
- Price structure: a chart that doesn’t scream “rug” or “abandoned experiment”.
- Community + attention: memes only live as long as people talk about them.
A post-launch market making setup is simply a way to systematically defend these four things, using non-custodial MM wallets, structured strategies and data, instead of random panic buys from the founder’s main wallet.
4. Pump.fun / PumpSwap & Raydium: today’s meme coin landscape
Historically, Pump.fun tokens would “graduate” and migrate liquidity to Raydium after completing the bonding curve, seeding a Raydium pool for ongoing trading. Recently, Pump.fun introduced PumpSwap, its own DEX, shifting more graduated tokens to its in-house AMM instead of Raydium.
What this means for you
- Your meme coin might live on PumpSwap, Raydium, or both, depending on how you structure things.
- Liquidity is “locked” in the sense that it’s bound to the pool, but you can still influence:
- Depth (how much SOL/USDC liquidity you add).
- Volume and spreads (via MM strategies).
- Routing (via Jupiter vs direct swaps).
Why Raydium still matters
Raydium remains one of the main Solana DEXes with significant liquidity, especially for core pairs and larger meme coins, and is still referenced as a key liquidity venue in Solana meme coin guides.
Many serious teams aim to reach Raydium-level liquidity regardless of where the bonding curve or first DEX was hosted.
The point: post-launch, your meme coin becomes a DEX asset. Whether it’s on PumpSwap, Raydium, or both, you need a market making plan for that reality.
5. Non-custodial meme coin MM – per-token wallets, not one giant pile
If you run more than one meme coin, or if you’re operating a small “MM-as-a-service” desk for friends and KOLs, the safest architecture is:
Per-meme MM wallets
- Each meme coin gets its own Solana MM wallet (client).
- You fund that wallet with:
- SOL (for gas + quote).
- Your meme token (for inventory).
- Your MM engine (or MM Pro console) only controls that wallet – not user funds or your main treasury.
Per-meme strategy configs
- router:
pumpduring pure Pump.fun / PumpSwap phase;auto/juponce Raydium or other DEX pools exist. - base/quote: token/SOL initially, token/USDC possible later.
- max daily notional: cap per meme coin to avoid open-ended bleed.
- buy/sell % ranges: different aggression for degen memes vs “semi-serious” tokens.
This is exactly how a console like MM Pro is structured: every meme coin you support is a separate client with its own MM wallet and strategies visible on the dashboard, instead of one opaque “volume bot” with no limits.
6. Concrete post-launch meme MM setups (Pump.fun & Raydium)
Instead of hand-waving, here are two realistic setups you can adapt. Exact numbers depend on your risk tolerance, but the structure scales well from degen to semi-serious meme coins.
A. Pump.fun / PumpSwap survival mode
- MM wallet funding: 10–30 SOL + a chunk of token supply.
- router:
pump(local Pump.fun trades in SOL). - trade sizes: 0.02–0.3 SOL randomized micro-buys and partial sells.
- max daily notional: e.g. 3x–5x MM wallet SOL, then stop for the day.
- objective: avoid instant flatline, push enough volume to not look dead, without going full wash.
For the underlying mechanics of volume and wash patterns, see Solana Volume Bots Explained.
B. Raydium / DEX meme MM mode
- router:
autoorjup, letting Jupiter hit Raydium & other AMMs. - spread: 80–150 bps (0.8–1.5%) around implied mid.
- base size: sized to your pool’s liquidity (e.g. 50–200 USD equivalent per trade).
- buy/sell bands: 2–25% of side balances per trade, adaptive to volatility.
- objective: keep a two-sided book, offer real exits and accumulate fees / spread when the meme has organic volume spikes.
For routing decisions, check Jupiter vs Raydium for Solana Market Making.
7. Avoiding obvious rugs & wash trading patterns
The line between “supporting your meme” and “blatant manipulation” is blurry, but there are things that clearly push you into the rug / scam bucket:
- Cranking volume from a single wallet in a pattern that’s obviously artificial.
- Running huge wash loops for screenshots while liquidity stays tiny.
- Hiding MM activity and pretending all volume is purely organic.
- Rugging liquidity or using MM wallets to drain counterparties after hype peaks.
You don’t need to be a saint; you just need to be structured and transparent enough that:
- On-chain data doesn’t scream “full fraud”.
- Community can see that liquidity is real and not instantly removable.
- MM wallets are identifiable and sized realistically, not god-mode omniscient accounts.
8. Practical checklist: keeping your Pump.fun / Raydium meme alive
Here’s a compact checklist you can use for each meme coin you launch or support:
- Define your max MM budget: how much SOL are you willing to lose if it all goes wrong?
- Spin up a dedicated MM wallet: fund it with SOL + token; never mix with main treasury.
- Configure a Pump.fun MM strategy for launch phase (router=pump, micro-buys, daily caps).
- Plan DEX phase ahead of time: Raydium/PumpSwap pool, target liquidity, routing defaults.
- Switch router to auto/Jupiter once you’re properly on a DEX and have relevant pairs.
- Watch on-chain metrics: volume, holders, liquidity, and PnL – adjust aggression as needed.
- Be explicit with your community that you’re running MM to avoid death, not to exit scam.
If you’re tired of doing this manually per wallet, you can structure it all inside a Solana MM Pro-style dashboard: each meme coin becomes one client, with its own MM wallet, Pump.fun strategy and Raydium/Jupiter strategy visible on the same screen.