what's pump.fun?
Pump.fun is a Solana-based memecoin launchpad that enables users to create and deploy tokens instantly for a low fee, utilizing a bonding curve mechanism to facilitate fair launches without traditional presales or team allocations. The platform's bonding curve allows token prices to rise gradually as demand increases, with successful tokens "graduating" to decentralized exchanges like Raydium or PumpSwap once they reach a certain market cap threshold. Key features include free coin creation (with creator rewards of 0.5 SOL upon graduation), real-time revenue dashboards tracking buybacks of the native $PUMP token, and tools like PNL cards and bubble maps for transparency and anti-rug detection. Pump.fun has driven massive token launch activity, with recent metrics showing thousands of daily launches and a low graduation rate, while using protocol revenues for $PUMP buybacks to support ecosystem sustainability. It also integrates with GeckoTerminal for bonding curve tracking and has expanded with products like PumpFi for asset financing.
pump.fun had 3.3M Jan 2026 website visits, scaling headcount, and acquired Vyber.
contract
solana
Facilitated $397,000 in total trading volume from a single CT account with 13.8k followers on February 8, 2026.
Generated $3,840 in fees from a single CT account with 13.8k followers over a 24-hour period on February 8, 2026.
Unlocks 10 billion tokens (1% of supply) valued at $21.06M on February 14, 2026.
Executed $1.3 million in token buybacks on February 7, 2026.
Had 3.3 million website visits in January 2026.
Scaling headcount quickly and aggressively despite unfavorable market conditions.
Accumulated approximately $400-500 million in total user-paid fees on Raydium legacy AMM v4 before the March 20, 2025 migration, with an alleged vulnerability allowing users to exploit burned LP tokens by adding minimal liquidity and capturing all subsequent fees.
Launched approximately 8.7 million tokens before the March 20, 2025 migration to PumpSwap.
Acquired Vyper, migrating infrastructure to TradingTerminal, with Vyper wind-down February 10, 2026.
Added three new team members (@_relational, @whythebrixxx, and @scardi) with expertise in crosschain trading infrastructure to support expansion of the core platform, mobile app, and Terminal.
Generated fees for PUMP token holders on February 5, 2026, with the WhiteWhale token adding 50 million in market cap over multiple days during a market downturn.
Mentioned as an example of a token launchpad application where value accrues, in contrast to infrastructure layers that do not benefit from usage.
Deleted a tweet promising an airdrop at the $PUMP token launch, not distributing the previously announced community airdrop.
Reached 11.8M users over the last 30 days, the highest among Solana dApps, onboarding new creators and users to crypto.
Integrates with Binder Protocol to change how tokens launch on the platform.
Runs a Futures trading task promotion on Binance offering 80 million PUMP tokens and 3.6 million DOLO tokens as rewards to participants.
A token called LICK launched on the platform experienced a -97% price collapse overnight from a $915K market cap.
Market capitalization reached $3.3 billion as revenue increased.
Achieved all-time high daily revenue of 16,000 SOL on January 27, 2026.
Listed as a perpetual trading pair on Drift Protocol.
Bought back $1.94M worth of tokens on January 26, 2026.
Generated $2.1 million in revenue on January 26, 2026.
Only 0.4% of wallets achieved over $10,000 in profits trading memecoins on the platform.
$PENGUIN (Nietzschean Penguin) ranks as the top token by 24-hour trading volume on the platform over the weekend period ending January 26, 2026.
Tokens graduate or migrate from the platform when reaching a $15,000 market cap threshold.
Bought back $1.14 million worth of $PUMP tokens in the 24 hours preceding January 24, 2026, using 100% of daily revenue for buybacks.
Trades at 6x price-to-fees ratio on a fully diluted basis.
Generated $8.33M in holder revenue over a 7-day period, ranking second among all protocols tracked.
ranked as the second most traded token (excluding major cryptocurrencies) on Wasabi protocol during the week ending January 23, 2026
Buybacks reach 20% of $PUMP supply after spending 1.5M $SOL
Generated average daily revenue of approximately $1.99M (7.3k SOL) from July 2025 to January 2026.
Generated $637M in revenues during 2025, ranking third among crypto projects after Tether and Circle.
Featured in a Pine Analytics article analyzing "The Collector Group: A Pokemon Pack-Ripping Business Built on Pumpfun".
Approved community takeover (CTO) for $FROG with royalties directed to token buybacks and liquidity pool funding.
Announced prizes totaling $5 million during the week of January 15-21, 2026.
Launched a $3M Build in Public Hackathon.
Launched Pump Fund as a new investment arm to provide funding to projects building on the platform.
Completed $1.32M in token buybacks, bringing total buybacks to $282.6M representing 22.99% of circulating supply.
Had 25,362 token deploys on January 16, 2026.
Generated $35M in revenue in November 2025, representing 39% of Hyperliquid's revenue for the same period.
Lost market share leadership in new volume to BAGS, indicating traders are rotating to alternative platforms.
Preparing a revamp of the platform.
Experiencing a bug allowing users to spoof token deploys on platform profiles, enabling fake token launches to appear on official coins tabs.
Launched mobile app with account creation functionality.
Rolled out "callouts" feature allowing users to share tokens with their followers, with plans to make top callers searchable in the app.
Speculation about potential Robinhood listing for $PUMP token.
Daily active wallets increased significantly in recent period.
Revenue increased 30-50% compared to the previous couple months.
Buybacks removed 18.9% of circulating supply from the market over 6 months.
Listed among top gainers in the crypto market on January 14, 2026.
crossed $1.6M in fees twice during the week of January 2026, with the highest fee day since October 7, 2025 occurring on January 13, 2026
Launched a 24/7 content channel featuring over 100 hours of videos, animated episodes, and interviews.
The team is buying 19% of the total supply, with the purchase expected to complete by end of day on 2026-01-13.
Received $1.4M in new short positions from smart money wallets.
Upgraded creator fees with additional upgrades planned.
Experienced whale inflows of $148M.
Has a token unlock scheduled for the week of January 13-19, 2026, with an unlocked value of $23.80M.
Wintermute is selling PUMP tokens in significant quantities.
Reached 115,169 token holders as of January 10th, 2026.
Trader 0x10a3 opened a 10x long position on 2 billion PUMP tokens worth $4.77M on January 10th, 2026.
Compared by a trader to the market cap ratios of base layer blockchains versus their top protocols (ETH/UNI at ~100x, BNB/top protocols at ~70x, SOL/pump.fun at ~50x) in a valuation argument about another project.
faces a RICO lawsuit
Experienced a 9.52% price decline over a 24-hour period ending on January 8, 2026.
Daily DEX trading volume surpassed $2B, setting a new all-time high for the second consecutive day.
Refused to distribute a previously announced airdrop.
PumpSwap platform reached an all-time high daily trading volume of $1.27 billion.
Reached $83.7M in 24-hour trading volume on January 3, 2026.
Launched native trading tools for the platform.
Reached 3M+ tokens created by end of 2024.
Banned UK users in summer 2024 after UK regulator intervention.
Generated $47M revenue in Q2 2024.
Processed more than $130B in trading volume in its first year of operation.
A whale deposited 750 million PUMP tokens (valued at $1.47 million) into Hyperliquid on January 1, 2026, representing tokens originally purchased for 3 million USDC six months prior in the public sale.
Plans to airdrop tokens to users in late 2026.
Achieved an average of 500,000 daily transacting addresses on its AMM in 2025.
Two wallets (26nbFG and E9eKo8) accumulated 2.15 billion PUMP tokens worth $3.87 million over a 16-hour period ending December 30, 2025.
Ranked as the 4th biggest attention gainer of 2025 with a 421% increase in attention metrics according to LunarCrush.
Added a streaks feature to the platform.
Cashed out $50 million in the 24-hour period ending December 28, 2025.
Saw 130,000 tokens launched in the seven days ending December 26, 2025, with 963 graduating to Raydium, representing a 0.74% graduation rate.
Raised $1.3 billion at a $4 billion fully diluted valuation and sold 4.1 million SOL (approximately $741 million) through an ICO.
Token price is down 60% from ICO price and down 80% from all-time high as of December 25, 2025.
Faces a US federal class-action lawsuit where a judge accepted new evidence including thousands of internal messages, with reported retail losses running into the billions and allegations that insiders used MEV, bots, priority fees, and infrastructure advantages to front-run token launches.
Listed on GainsNetwork with up to 250x leverage and a 50% fee discount running through 2025-12-31.
Nominated for the Revenue Meta Award by The Rollup, with the winner to be announced on December 30, 2025.
Transferred millions in cash to Kraken deposit addresses starting in November 2025.
Added as a perpetual trading pair on Nado with unified margin and up to 10x leverage.
Generated $610M in revenue in 2025, ranking 5th among crypto protocols by revenue.
Snowball Bot launched and is hosted on Telegram, allowing developers to direct 100% of creator fees toward generating trading volume for pump.fun tokens.
Implementing KYC requirements for trading, with the change expected to be officialized by early January 2025.
Top 10 streamers generate $15,000 per day collectively, with the top streamer earning $70,000.
Buying $1 million worth of tokens daily.
Daily unique developers deploying coins dropped from a peak of over 22,000 to under 6,000 within four months.
Mentioned as an example of a project with a $1B valuation before launching during the bull market period.
Allie launched a token on the platform.
Platform treasury exceeds $2B, with the recent $200M buyback representing only 10% of total holdings.
First Migrations Closeout Party scheduled for tomorrow morning celebrates the first teams to successfully complete migration to the platform via @MigrateFun.
A former main developer is in prison and December 17th is a significant date for the legal case. The largest stream on the platform currently has 7 viewers.
The first migration on the platform completes successfully, with @innovosensAB becoming the inaugural project to finish the migration process.
Platform traders show 97% unprofitability rate.