Pump.fun reopens livestreams to 5% of users after moderation overhaul

Solana memecoin platform Pump.fun has revived its live streaming feature, five months after pulling the plug over disturbing misuse.

According to the platform’s co-founder Alon Cohen, the feature has returned with stronger moderation tools and “transparent guidelines” in place. For now, it’s only available to 5% of users as part of a limited rollout to test the revamped system.

In its new moderation policy, Pump.fun said it’s aiming to strike a balance between creativity and safety with the goal of cultivating a social environment on the platform that “preserves creativity and freedom of expression and encourages meaningful engagement amongst users, free of illegal, harmful, and negative interactions.”

The guidelines encourage open expression but crack down on illegal, harmful, or otherwise inappropriate content. That includes bans on violence, animal abuse, pornography, and anything endangering minors. Repeat or severe violations could result in account termination.

The platform also reserves the right to make judgment calls on content when necessary, noting that some NSFW material might still appear but will be reviewed on a case-by-case basis using both automated and human moderation tools.

The livestream feature was originally pulled in November 2024 after a string of disturbing incidents shook the community. 

Users had begun using livestreams to make shocking threats, including one case where a user allegedly shared a video appearing to take their own life after their token failed to hit a market cap target.

The fallout was immediate. Crypto users, influencers, and safety advocates slammed the platform for not doing enough to prevent harm after Beau, a safety product manager at Pudgy Penguins, brought attention to the aforementioned incident and criticized the platform on X.

In response, Pump.fun issued a community message acknowledging the damage, expressing regret, and outlining new steps to address moderation gaps. They doubled the number of human moderators, introduced smarter automated filters, and added support resources for viewers impacted by the livestreams.

Now, with a cautious relaunch and new safeguards in place, Pump.fun says it’s committed to rebuilding trust while giving creators a safe space to connect with their audience.

Many in the community praised Pump.fun’s revised approach and expressed optimism about its future role in memecoin activity. See below.

The latest rollout comes as Pump.fun struggles to regain momentum following a sharp drop in revenue and user engagement. As previously reported by crypto.news, the platform’s daily fees recently hit a four-month low, with data showing a 94% drop since January. 

Much of the slowdown has been linked to a fading memecoin frenzy that has cooled significantly since January.