Pump.fun

What Pump.fun does

Pump.fun is a Solana-based memecoin launchpad founded in January 2024 by Alon Cohen that enables anyone to create and trade tokens instantly through bonding-curve mechanics without coding, pre-mining or team allocations. The platform's core technology uses a dynamic bonding curve that prices tokens based on real-time demand, charges a 1% fee on each swap, and collects a 1.5 SOL fee when a token migrates ("graduates") to external DEXes such as Raydium when liquidity thresholds are met. It has expanded into a broader product ecosystem—including PumpSwap (own DEX), Terminal (multi-chain trading terminal built via Padre and Vyper acquisitions), GO bounty marketplace, Mayhem Mode AI trading agent, Coin Communities, Live Streams and Charity Coins—and now supports multi-chain token creation on BNB Chain with Ethereum, Base and Monad domains registered.

Name

Pump.fun

Legal name

Pump.fun

Website

https://pump.fun

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

51–100 employees

Short description

Pump.fun is a Solana-based memecoin launchpad and trading platform founded in 2024 that lets anyone instantly create, trade and graduate tokens through bonding-curve mechanics, serving retail crypto traders and token creators with 99% of Solana token creation market share.

Ownership category

akta.pro rank

Product category

Decentralized Token Launchpad

NAICS

Securities and Commodity Exchanges (52321)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Launchpads, IDOs & Token Distribution via DEXs (FSADABAL)

akta.pro secondary industries

Spot AMM DEXs (FSADABAA), Decentralized Exchanges (DEX) & AMMs (FSAPADAB), Decentralized Exchanges (DEX) & AMMs (FSADAMAB), DEX Analytics, Indexers & Trading Terminals (FSADABAK)

Keywords

• Memecoin launchpad
• Decentralized token creation
• Bonding curve trading
• Solana DeFi platform
• Crypto token deployment

Headquarters

HQ city

Solana Beach

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Infrastructure, Personnel, Marketing or Sales, Operations

Revenue model

1. Swap Trading Fees: Platform charges 1% on every token swap executed through its bonding curve, generating continuous revenue from trading activity regardless of token outcomes.
2. Token Graduation Fees: 1.5 SOL fee charged when a token's bonding curve threshold is met and it graduates to external decentralized exchanges like Raydium.
3. Protocol Revenue (Bonding Curve + PumpSwap + Terminal): Cumulative protocol revenue exceeded $1 billion since January 2024. $459M in 12-month protocol revenue. 50% of net revenue committed to PUMP token buyback-and-burn program via smart contract.
4. Creator Fee Sharing: Token creators can earn a percentage of trading activity on their coins, creating ongoing income from launched tokens. Cashback Coins feature alternatively redirects fees to active traders.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Pump.fun is a Solana-based memecoin launchpad that enables anyone to instantly create, buy, and trade tokens without coding via a bonding curve fair-launch mechanism. The platform charges a 1% fee on every swap and a 1.5 SOL graduation fee when tokens migrate to external DEXs like Raydium, and has expanded to multi-chain deployment across Ethereum, Base, BNB Chain, and Monad.

Product overview

Pump.fun is a Solana-based memecoin factory and trading platform operating as a unified ecosystem of interconnected products. The core platform (Pump.fun) enables token creation via bonding curve mechanics with 1% swap fees and 1.5 SOL graduation fees, generating revenue through its PUMP token buyback program. Supporting the core are add-on modules: GO (decentralized bounty marketplace), Callouts (push notifications for coin alerts), Coin Communities (social spaces per token), Mayhem Mode (AI agent for launch trading), and Live Streams (embedded streaming with clip capture). Infrastructure products include Terminal (multi-chain acquired trading platform now integrating Vyper) and PumpSwap (bonding curve DEX). The ecosystem extends via Pump Fund (investment arm), Pumpcade (prediction markets startup), and Charity Coins (charitable giving via Donate.gg). Pump.fun has expanded beyond Solana to BNB Chain (bnbpump.fun) with Ethereum, Base, and Monad planned, while supporting USDC trading pairs alongside SOL.

Differentiator

Problem solved

Functional benefit

Brands

• Terminal: Multi-chain trading platform formerly known as Padre, providing trading infrastructure across Ethereum, Solana, BNB Chain, and Base
• GO
• PumpSwap
• Pump Fund
• Communities
• Callouts
• Mayhem Mode
• Live

Products and services

• Pump.fun Core Platform Solana-based memecoin launchpad enabling anyone to create and trade tokens instantly via bonding curve mechanics. When a token's bonding curve is filled, it graduates to Raydium DEX. Platform charges 1% swap fees and 1.5 SOL graduation fees.
• Terminal Multi-chain professional trading terminal acquired from Padre and integrated with Vyper infrastructure. Supports Ethereum, Solana, BNB Chain, and Base, providing enhanced analytics and execution tools for serious traders. Exclusively hosts the Cashback Coins feature.
• PumpSwap

Quantifiable outcome

• First Solana protocol to exceed $1B cumulative revenue
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability8 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• MoonPaycoreTechnology or Integration · 12 March 2026MoonPay integration enables Pump.fun users to fund accounts using crypto from any supported wallet or blockchain. The integration automates cross-chain swapping, bridging, and routing behind the scenes, eliminating complexity that previously led to failed transactions or lost funds. Supports deposits from nine different blockchain networks.
• Vyper (acquired)coreTechnology or Integration · 6 February 2026Acquired Vyper, a high-performance trading execution terminal. Vyper's team and technology were integrated into Pump.fun's broader product suite under the Terminal platform. Vyper's standalone products ceased operations as its infrastructure was absorbed.
• Padre (acquired, rebranded as Terminal)coreTechnology or Integration · 25 October 2025Acquired multi-chain trading terminal Padre, which supports Ethereum, Solana, BNB Chain, and Base. The acquisition expanded Pump.fun's ecosystem and the platform was rebranded as Terminal. Padre's token PADRE dropped 76% after its utility was removed from the platform.

Scale indicators12 records

Recent moves10 records

Expansion highlights7 records

Broad incumbents

• Uniswap: Largest decentralized exchange across Ethereum and EVM chains. Provides a broad-incumbent reference point for AMM economics, fee structures, and the regulatory perimeter Pump.fun navigates.
• PancakeSwap: Multi-chain AMM DEX and the graduation venue for Pump.fun's BNB Chain deployment (bnbpump.fun). Represents the broader DEX competitive landscape and a launchpad/DEX hybrid comparable in scope.
• dYdX: Decentralized perpetuals and spot exchange on its own application chain. Comparable as a high-revenue crypto-native venue that interacts with similar regulatory frameworks around derivatives/securities classification.

Direct peers

• Raydium: Leading Solana AMM DEX and the primary graduation destination for Pump.fun-launched tokens. Operates the same bonding-curve-to-AMM fee model and competes for the same memecoin trading flow.
• Meteora: Solana-based dynamic liquidity and memecoin DEX. Competes with Pump.fun for memecoin launch liquidity and trader attention within the Solana ecosystem.
• Jupiter: Largest Solana DEX aggregator and swap interface. Competes with Pump.fun's Terminal product for routing/swap flow and shares many of the same memecoin trading users.
• Hyperliquid: Top on-chain perpetual DEX with $871M trailing revenue. Direct comp on the metric of "largest revenue-generating decentralized application" and benchmarks Pump.fun's on-chain business model at scale.

Emerging players

• Orca: Solana-native concentrated-liquidity DEX targeting retail memecoin traders. Overlaps with PumpSwap and competes for secondary trading volume after Pump.fun graduations.
• Bags.fm: Solana memecoin launchpad that emerged as a direct competitor to Pump.fun's issuance product. Comparable token-launch mechanics, fee model, and target creator/trader base.
• Believe (AppMemecoin): Launchpad for "app memecoins" via a Telegram-style bonding-curve social model. Targets the same token-creation/threshold-graduation niche that Pump.fun pioneered, representing the next-generation competitive threat.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/pumpfun

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pump.fun