The town was founded by
Greek colonists from
Phocaea in the 6th century BC, one of 4 settlements along the Dardanelles at that time. Soon afterwards it became a competitor of
Miletus, controlling the trade routes in the
Dardanelles. The modern
Turkish name derives from the original Greek name. Ancient Greek legend says that while the city was under the rule of King Mandron and named Pityussa, the king, who defended the colonists from Phocaea from the attacks of the local people, minted coins for the first time in its history in the name of his daughter
Lampsace and later the city was given this name by the colonists to express their indebtedness to him. In this way, the name Lampsakos, then Lapseki, was passed down to the present day. The city was under the Byzantines for a long period before being passed into Ottoman hands after its conquest by Süleyman Pasha in 1356. Occupied at the end of
World War I, the town was freed from the British and French forces on 25 September 1922, toward the end of the
War of Independence. In the district are the graves of 15,000 soldiers who lost their lives during the War of Independence. == Economy ==