Pump.fun, a Solana-based memecoin launchpad, has become the third highest-earning crypto protocol with $12 million in weekly revenue, trailing only Tether and Circle. It generates income through fees on token trades, graduation fees, and its trading product PumpSwap. Since early 2024, it has earned over $1.2 billion, half of which funds a buyback-and-burn program for its native token PUMP. This success highlights Solana's appeal for retail crypto activity due to low fees and fast transactions, and shows memecoin trading can out-earn many DeFi platforms.
Cosmos Hub (ATOM) surged 7.80% to $1.52, leading the day's top gainers thanks to increased interest following recent network upgrades. Other altcoins like LEO Token, Pump.fun, Bitway, and Venice Token also posted gains, reflecting selective strength ...
Solana's launchpad Pump.fun earned a record $10.03 million in protocol fees during the week of August 3-9, marking its first time surpassing $10 million. Shortly after, 6.875 billion new PUMP tokens were released to the team and early investors, but ...
Pump.fun, a leading Solana memecoin launchpad, lost market share to rivals like LetsBonk in early July but quickly recovered by August, capturing 98% of launchpad revenue with $1.1M from $542M trading volume. The platform charges a 1% fee on bonding-...
Pump.fun, a Solana-based memecoin launchpad, is aggressively recruiting top traders from competitor FOMO by offering $20,000 upfront and $30,000 monthly payments. Recruits must migrate their funds, close FOMO accounts, trade exclusively on Pump.fun, ...
Pump.fun's trading fees rose sharply to $10.03 million in early August, driven by a surge in trading volume to $2.97 billion, marking a strong recovery from June's lower activity. This increase reflects renewed speculative trading and diverse activit...
