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 facilitates first ETH-Solana migration, manages large unlock, AI tokenomics, and recent exploit.
contract
solana
Facilitates the first token migration from Ethereum to PumpSwap on Solana via MigrateFun, with BOBO migrating on 2026-04-20.
Profits from creator fees being leverage traded on pump.fun using AI metrics are used for $SIZE token buybacks and burns.
Has a token unlock of $193.3M scheduled for the week of April 14, 2026, representing the largest unlock among the top 7 tokens unlocking this week.
Experienced a potential exploit on 2026-04-11 (Friday) affecting the pump.fun mobile app, with users receiving multiple spam notifications for a low-volume token.
Entered the pump.fun hackathon with CatchUp token as part of a media platform product.
PumpSwap generated fees at a rate 4x higher than Uniswap V3 over the past 7 days.
Alon is buying back $1M of pump tokens per day.
Sponsors an event in Tel Aviv in 2026.
Generated $2.24M in protocol fees over a 24-hour period, ranking as the third-largest fee generator across DeFi protocols.
Experienced a critical bug in mayhem mode allowing a token launch with 200% circulating supply, creating a situation where a user showed $10M profit on $50k liquidity.
Led the pre-seed funding round for Pumpcade.
Introducing TikTok fee sharing program.
Is considered "lindy" and listed among favorite tokens for the next cycle by a crypto trader.
Three public figure wallets accumulated a total of 114.99M PUMP tokens over the past seven days with no sells recorded, with notable purchases including 70.01M tokens (~$120K), 35.13M tokens (current balance: $275K), and 9.85M tokens ($16K).
Exposes contract to multisig upgrades, rule changes, and user fund theft via admin key, according to public analysis.
Scheduled token unlock of $15.84M for the week of April 14-20, 2026.
Listed on LayerN's N1 platform with trading available up to 5x leverage.
Sigil Fund withdrew 382.7 million PUMP tokens worth $656,000 from Binance on April 1, 2026, marking their second large withdrawal in two weeks after withdrawing 386.7 million PUMP ($708,000) on March 19, 2026, bringing their total accumulated position to approximately 769 million PUMP tokens valued at $1.24 million.
Rebrands from "pumpdotfun" to "Dot" as of 2026-04-01.
Completed largest daily buyback of $352M on March 31, 2026, removing 33.2% of total supply.
Over 500,000 tokens were launched on pump.fun in March 2026.
Over 1.3 million unique wallets traded tokens on pump.fun in March 2026.
Achieved average daily volume of $97.4M on Monday.
Generated $6M in revenue during the week ending March 27, 2026, ranking as the leading dapp by revenue.
Trader criticizes team's 50% $PUMP supply ownership and potential exit via simulated AMM revenue, after team cashed out $500M-$600M.
Blocks access from India.
Removed 55.48 billion PUMP tokens from circulation in 2025, representing 9.4% of the circulating supply through buybacks.
Over 48% of traders hold net losses under $500; two lost $500,000-$1 million.
96% of traders made under $500, with 0.22% earning over $10,000 and two traders over $1 million.
Generated $100M in 24-hour trading volume over the weekend of March 21-22, 2026.
Wallet 6cmq4G withdrew 621.81M PUMP tokens ($1.28M) from Binance on 2026-03-17 after one year of inactivity.
FARTCOIN is the number one traded token on pump.fun by volume on 2026-03-17.
First Meteora migration scheduled to complete full experience on 2026-04-16.
Acquired Padre.
Ranks 4th by 7-day fee generation across all protocols as of April 9, 2026.
Registered subdomains on Base, BSC, Monad, and Ethereum.
Reached highest weekly graduation rate since December 2024; deployed 194,000 tokens by top 250 deployers over six-month period ending 2026-03-27.
Launched its own PumpSwap DEX with creator fee tiers, bypassing Raydium's infrastructure. Generated $54.61 million in 30-day fees, highest among DEXs tracked on DefiLlama.
Airdropped on new date April 1, 2026.
MICHI token is migrating to Pump Fun platform.
Whale wallet 24BLFj accumulated 2.07 billion PUMP tokens worth $4.04 million over 3 days ending March 10, 2026, purchasing from Wintermute after selling 75 WBTC ($5.08 million).
Buyback activity surged by 112% over the past 7 days, with the protocol having offset approximately 11% of circulating supply (approximately $244M) through buybacks as of March 9, 2026.
Banned in the UK.
Generated $1.1B cumulative revenue as Solana's first dApp, most in past year.
Generated $9.1M in 7-day revenue.
A whale withdrew 853.5M PUMP tokens (worth $1.6M) from Bybit and OKX over a 7-hour period ending March 8, 2026, bringing their total holdings to 8.71B PUMP tokens ($16.4M).
Co-founder publicly identified on social media.
11 newly created wallets withdrew 7.21 billion PUMP tokens (valued at $14.56 million) from OKX, Bybit, and Kraken exchanges between February 24 and March 6, 2026.
Transferred $3.5 million to an exchange.
Shows 8-10% daily gains, positioned as multi-billion market cap leader. Features 60-second token launches and a permissionless model, compared to futarchy-based governance on Solana.
A former development team member publicly released internal Telegram communications as a whistleblower on March 3, 2026, citing concerns about physical safety.
Implemented auto buyback and burn mechanism for agent tokens, using protocol fees and executing at random times.
Processed migrations for Bonk and Raydium via MigrateFun; @waronusd1 and @thememecoincult scheduled for 2026-03-03.
Expanded mobile app trading for WBTC, PUMP, USDC, Bitcoin via Wormhole, Ethereum via Wormhole, GIGA, PENGU with 0% fees, adding launchpad functionality and non-native asset support for 1.5M users. Introduced Skills feature enabling agents to buy/sell coins, create coins, and claim creator fees.
Completed five 90-day claim periods for token migrations on March 17, 2026, with a $19.07M token unlock in March 2026.
Featured on openclaw SkillHub for SDK development and maintenance
Published @pump-fun/pump-sdk, a TypeScript SDK developed by ALON, for Solana token management and fee collection.
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 buybacks, worth millions of dollars daily.
Generates $1.4M daily revenue across Launchpad, DEX, and Terminal, with $500M annual revenue as of March 2026. Generated $38M over 30 days ending March 25, 2026.
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.
Selected BiP hackathon winners Pumpcade and PopPunkOnChain in March 2026, investing $250,000 into Pumpcade; 4 remaining winners to receive $250,000 each.
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. Token chart resembles a rug pull pattern before unlocks, and is down 60% since TGE despite performing millions in daily buybacks.
Ranked #1 in 24-hour DEX volume on PumpSwap on March 20, 2026, with over $1 billion traded, and third by 7-day trading volume.
Caps token creators at one post-launch fee redirect as part of a revenue-sharing program revamp; directs fees to Lumen founder's wallet for 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 27% chance of ZachXBT exposing insider trading. Top 250 deployers extracted $79M; only 10 tokens hold above $5M market cap.
Generates $1 billion in annualized fees; 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 in less than 8 months 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.
Buybacks totaled $324M, representing 28% of total supply. Daily buybacks exceed $1M, including $43M over 30 days ending February 26, 2026, and $9,195,312 in the past 7 days, offsetting 27.10% of circulating supply.
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.