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
Featured on openclaw SkillHub for SDK development and maintenance
Published @pump-fun/pump-sdk, a TypeScript SDK that constructs Solana TransactionInstructions for token creation, buying, selling, migration, and creator fee collection across Pump, PumpAMM, PumpFees, and Mayhem programs, supporting SPL Token and Token-2022 programs.
pump-fun-sdk is listed on Anthropic's official MCP Registry, enabling AI-to-tool integrations for Claude, ChatGPT, Cursor, and other AI systems.
A hackathon participant received a grant from Nvidia that exceeded the participant's market capitalization.
Uses 99% of free cash flow for token buybacks.
Generates $1.4 million in daily revenue across three products: Launchpad, DEX, and Terminal.
Experienced a freeze and disabled token swapping functionality except for Terminal and app on February 26, 2026, requiring third-party platforms to patch trading functionality.
Hosted Build in Public Hackathon with twelve $250K investment prizes from Pump Fund, distributed PUMP token.
A newly created wallet withdrew 660 million PUMP tokens valued at $1.22 million from Kraken shortly after the team-linked deposit on 2026-02-26.
Transferred 11.2 billion PUMP tokens ($21.22 million, 1.12% of total supply) to Kraken on February 26, 2026, subject to a vesting contract unlocking July 2026.
Distributed locked tokens to parties including Alliance on February 26, 2026, subject to vesting restrictions, in violation of lockup terms.
Raised $1.3B in funding and the token chart resembles a rug pull pattern before unlocks have begun.
Ranks third among DEXs by 7-day volume according to DefiLlama data.
Trading fees are being directed to Lumen founder's wallet to fund OpenClaw AI upgrades and autonomous operations.
A private investor holding 4.75 billion PUMP tokens (acquired for $19 million in a private sale) sold 2.66 billion PUMP tokens for $5.16 million over a five-day period ending February 25, 2026, realizing approximately $10.3 million in total losses while retaining 2.09 billion tokens valued at $3.55 million.
Experienced -8% price decline to $1.7B FDV as of February 24, 2026.
Conducted buybacks of 6,911 SOL (approximately $1.3M USD) on October 21st, 2025.
Conducted buybacks of 15,139 SOL (approximately $1.2M USD) on February 24th, 2026.
Polymarket odds show a 27% chance pump.fun will be exposed by ZachXBT for insider trading, with speculation about which crypto platform will be named in an upcoming exposure.
Generated 14,714 SOL in revenue on February 22, 2026.
Spent 1,965,696 SOL ($301M) on buybacks, purchasing 90.4B PUMP tokens representing 9.04% of total supply and 25.55% of circulating supply, against a $630M market cap.
Transferred 1.21 billion PUMP tokens ($2.57 million) to Bitget from wallet GpCfm, with 3.54 billion PUMP ($7.4 million) remaining.
Wallet 77DsB sold 3.75 billion PUMP tokens for $8.02 million USDC at an average price of $0.0021 over a five-day period.
Uses a constant product AMM for graduated tokens with infinite range liquidity, earning 0.05% fees on all trades; design amplifies volatility and benefits from token failures.
Added creator revenue sharing program that distributes fees to token creators, taking a 0.05% fee on every trade and paying based on trading volume.
TRENCHES, the first battle royale game launched on pump.fun, is listed on the Epic Games Store.
Executed $43M in $PUMP token buybacks over 30 days ending February 26, 2026, including $9.5M in the week ending February 23, 2026, with 14,650 SOL (99.6% of daily revenue) on February 22, 2026.
PumpMarket, a prediction market infrastructure built for the pump.fun ecosystem, launches mainnet on 2026-02-23.
Executed unauthorized fee changes via social engineering attack on February 17, 2026, transferring admin rights and 75% of creator fees to a hacker wallet using Squads V4 multisig; team refunded lost fees.
Conducted private sale to institutional investors, including Hayden Davis as second largest investor with $50M USDC for 12.5 billion PUMP tokens, then dumped 80% of tokens for $65M, generating $15M profit.
PUMP token is down 7% to $2B FDV
Valued at approximately $5 billion.
Made token migration from bonding curve to Raydium AMM permissionless, allowing any user to trigger migrations programmatically.
Launched a cashback program that returns 0.3% to traders.
Introduced differentiation between community tokens and project tokens as distinct categories requiring different design considerations and incentives.
Introduced cashback coins feature, redirecting creator fees to traders. Deployers choose between trader cashback or creator fees, with the fee structure locked and cashback based on trading volume.
Developer and the associated dog mascot streamed on pump.fun platform, contributing to visibility for a token launch.
Executed $1 million in token buybacks on February 16, 2026, completed within a 6-hour window.
Uses a new market maker.
Switched to Token 2022 standard, which is not supported by Jupiter DCA as of the tweet date.
Hosts discussion on February 19, 2026, featuring $3M hackathon winners Opalbot and Zauth.
Phishing scam identified using fake domains (pump[dot]fun-tv[dot]online) that impersonate pump.fun and prompt users to connect wallets through fraudulent login screens disguised as streaming interfaces.
Generated nearly $1 billion in total cumulative revenue.
Reached 102,000 daily active wallet addresses, ranking third among Solana projects by this metric.
Token experienced a -59% price decline over the course of 2025.
Salaries exceeding $1.5M were reported before the $PUMP airdrop.
Ranked 3rd by 7-day fee generation, 4th by 30-day revenue, in top 5 with Tether, Circle, Aave, Hyperliquid.
Launched testnet beta for Pumpcade, a platform enabling speculation on pump.fun markets with instant resolution, accessible via platform or browser extension.
Surpassed $1.7 billion in lifetime volume.
Generated approximately $350 to 400 million in revenue from trading terminals for meme assets over the last three years.
Integrated with a platform where approved content submissions trigger automatic token deployment on pump.fun, with 50% of fees going to submitters and 50% burning $NEWS tokens.
Added support for trading BONK and BAGS coins on the pump.fun app.
Added GitHub Creator Fee sharing in the mobile app, allocating fees to GitHub accounts as part of an expansion into AI agents on Base, implemented February 17.
Solana $WOJAK token launched on pump.fun reached $10M market cap, becoming the canonical Wojak memecoin.
Experienced a net inflow of $279,280 from risk-averse smart money wallets and $24,190 from risk-balanced wallets over a 24-hour period.
Unlock of $170 million worth of PUMP tokens scheduled for July 2026, followed by monthly unlocks of $14 million continuing until July 2029.
Creators earn 0.3% on every trade since Project Ascend launched.
Buys back $1 million worth of $PUMP tokens daily.
Smart Money wallet acquired 150M tokens on February 22, 2026, increasing total Smart Money supply to over 1.05B tokens with no subsequent selling activity.
Bought back 24.5% of circulating supply annually through revenue-funded buybacks.
Generated less than $4.4M in 24-hour revenue on February 10, 2026, ranking below Flying Tulip but above most other protocols when combined with Hyperliquid and Tron.
Fees decreased by 17% during recent market volatility period.
Launched beta feature allowing coin creators to create staking pools for their tokens.
Directed 25% of creator fees to a staking pool claimable by $ChiefPussy stakers.
Created over 16 million tokens since launching in January 2024.
Generated $3,840 in fees from a single CT account with 13.8k followers over a 24-hour period on February 8, 2026.
Facilitated $397,000 in total trading volume from a single CT account with 13.8k followers 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.
Baton Corporation hiring software engineers, data scientists, and machine learning engineers with $300k-$1.5m base salary plus $75k-$500k in $PUMP tokens.
Launched 8.7 million tokens with a 98.6% failure rate before the March 20, 2025 migration to PumpSwap.
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.
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.
Identified as one of Solana's leading DeFi products, an example of a token launchpad application where value accrues, alongside Kamino, Jupiter, and Meteora.
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 ($16 million) 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.
Graduated 315 tokens in the 24-hour period ending February 13, 2026, upon reaching a $15,000 market cap.
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.