Bitcoin
Bitcoin (BTC)
$62,593.00 -0.36411
Bitcoin price
Ethereum
Ethereum (ETH)
$2,460.49 0.26178
Ethereum price
BNB
BNB (BNB)
$572.65 -0.41547
BNB price
Solana
Solana (SOL)
$146.78 0.35641
Solana price
XRP
XRP (XRP)
$0.531729 -1.46697
XRP price
Shiba Inu
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$0.0000176 -1.77757
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000097 -3.45019
Pepe price
Bonk
Bonk (BONK)
$0.0000212 -4.06011
Bonk price
Bitcoin
Bitcoin (BTC)
$62,593.00 -0.36411
Bitcoin price
Ethereum
Ethereum (ETH)
$2,460.49 0.26178
Ethereum price
BNB
BNB (BNB)
$572.65 -0.41547
BNB price
Solana
Solana (SOL)
$146.78 0.35641
Solana price
XRP
XRP (XRP)
$0.531729 -1.46697
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000176 -1.77757
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000097 -3.45019
Pepe price
Bonk
Bonk (BONK)
$0.0000212 -4.06011
Bonk price
Bitcoin
Bitcoin (BTC)
$62,593.00 -0.36411
Bitcoin price
Ethereum
Ethereum (ETH)
$2,460.49 0.26178
Ethereum price
BNB
BNB (BNB)
$572.65 -0.41547
BNB price
Solana
Solana (SOL)
$146.78 0.35641
Solana price
XRP
XRP (XRP)
$0.531729 -1.46697
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000176 -1.77757
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000097 -3.45019
Pepe price
Bonk
Bonk (BONK)
$0.0000212 -4.06011
Bonk price
Bitcoin
Bitcoin (BTC)
$62,593.00 -0.36411
Bitcoin price
Ethereum
Ethereum (ETH)
$2,460.49 0.26178
Ethereum price
BNB
BNB (BNB)
$572.65 -0.41547
BNB price
Solana
Solana (SOL)
$146.78 0.35641
Solana price
XRP
XRP (XRP)
$0.531729 -1.46697
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000176 -1.77757
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000097 -3.45019
Pepe price
Bonk
Bonk (BONK)
$0.0000212 -4.06011
Bonk price

Pump.fun finds revenue behind meme coin-centric platform launch

pump-fun-meme-coin-centric-platform
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Pump.fun finds revenue behind meme coin-centric platform launch

Pump.fun, a meme coin creation and trading platform, has reported a staggering revenue of $5.2 million in just 38 days.

According to DefiLlama, the platform generated $528,000 in fees yesterday alone. Initially rolled out for Solana (SOL) tokens in January, the platform broadened its horizon by integrating support for the Ethereum Layer 2 network, Blast, the following month.

Pump.fun has quickly become a hot topic among the crypto meme coin community. The platform allows virtually anyone to create and launch a new token that is instantly tradable, without seed liquidity, and costs less than $2.

The platform also aims to prevent rugpulls, a common scam in the crypto world.

“Each coin on Pump is a fair-launch with no presale and no team allocation,” the platform asserts.

Pump.fun finds revenue behind meme coin-centric platform launch - 1
Daily chart of fees and revenue for Pump.fun from DefiLlama

The process of creating a token on Pump.fun is straightforward. Deployers select a name, ticker, and image. Creators can immediately start trading on a bonding curve—a mathematical model that determines the price of a token based on its supply, usually increasing as more tokens are bought.

When a token’s market capitalization hits a predetermined threshold, liquidity is deposited to a decentralized exchange and burned, enhancing stability and trust in the newly launched tokens.

The unique approach offers a stark alternative to traditional token launches, often fraught with high costs, complexity, and risks, including susceptibility to scams during presales.