Pump.fun is a memecoin launch platform that allows users to launch a coin that is instantly tradeable without having to seed liquidity.
According to an official announcement by Pump.fun, the platform has completed the burning of all previously repurchased $PUMP tokens, amounting to approximately $370 million—roughly 36% of the circulating supply. The burn was executed via two on-chain transactions at 20:52 UTC. Simultaneously, Pump.fun has launched a programmable buyback-and-burn mechanism, allocating 50% of its net revenue over the next year toward publicly purchasing $PUMP on the open market and immediately burning 100% of the acquired tokens. This mechanism is enforced via an immutable smart contract covering revenue streams from Pump.fun’s three core product lines: the bonding curve, PumpSwap, and Terminal. Its execution comprises four steps: fee collection, aggregation into an intermediate wallet, buyback, and burn—all of which can be tracked in real time at fees.pump.fun. The remaining 50% of revenue will fund operational expenses and ecosystem development, including team expansion, strategic investments, and marketing initiatives. Pump.fun stated that this move aims to address community concerns regarding the token’s long-term value and the transparency of the buyback mechanism, with the overarching goal of continuously reducing the circulating supply.
According to official announcements, Pumpcade—a live-stream prediction market and meme coin issuance platform—has secured $5 million in seed funding. Investors include Jump Crypto and Foundation Capital. Pumpcade is a Solana-based platform for instant meme coin creation and trading, integrated into the Pump.fun chat system and enabling one-click prediction market creation during live streams. Earlier, on April 2, Pump.fun led a $1 million pre-seed round for Pumpcade.
According to on-chain analyst Ember (@EmberCN), Pump.fun transferred 67,000 SOL to Kraken in the past 30 minutes, valued at approximately $4.51 million. He noted that since the beginning of 2024, Pump may have cumulatively sold 4.61 million SOL in fee revenue, totaling approximately $795 million, with an average price of about $172 per SOL.
According to Lookonchain monitoring, Pump.fun deposited 174,408 SOL (approximately $14.76 million) into Kraken 13 hours ago. Concurrently, on-chain transaction data suggests it may have completed partial sell-offs: a newly created wallet (35qaEz) withdrew 117,877 SOL (approximately $9.96 million) from Kraken, subsequently selling all of them at around $84.52 each for approximately $9.96 million USDC, and then redeposited the USDC back into Kraken.
According to on-chain analytics platform Lookonchain (@lookonchain), Pump.fun has resumed selling SOL after a 9-month hiatus, depositing 174,408 SOL (approximately $14.76 million) into Kraken. Of this amount, 117,877 SOL—reportedly sold via a newly created wallet (35qaEz)—was exchanged for approximately $9.96 million in USDC at an average price of $84.52 per SOL and subsequently deposited back into the exchange. Previously, between May 2024 and August 2025, Pump.fun had sold a cumulative total of 4.19 million SOL, amounting to roughly $757 million at an average price of $181 per SOL.
according to Onchain Lens monitoring, a whale deposited 742.3 million PUMP tokens, worth $1.59 million, into Binance after 5 months; the wallet still holds 3.48 billion PUMP tokens, valued at $7.36 million.
据 Lookonchain 监测,某巨鲸做多多个热门山寨币,包括 NEAR、STRK、XMR、TON、AZTEC、PUMP。当前持仓包括:308 万枚 NEAR(483 万美元)、7555 万枚 STRK(430 万美元)、9561 枚 XMR(380 万美元)、128 万枚 TON(333 万美元)、1486 万枚 AZTEC(35.7 万美元)、7199 万枚 PUMP(14.7 万美元)。
Castle Labs (@castle_labs) published a post stating that the current crypto market is undergoing a profound paradigm shift—speculative models prioritizing extraction are gradually giving way to investment logic oriented toward revenue generation. The article notes that since 2026, the broader crypto market has performed poorly: most assets have seen sustained price declines, ETF funds have continued flowing out, project shutdowns have intensified, and institutional VC investments have grown increasingly conservative. The key catalysts for this shift were last October’s large-scale liquidation event and the ongoing market reflection triggered by gold consistently outperforming Bitcoin. On the revenue data front, among the roughly 5,700 protocols tracked by DeFiLlama, only 3.5% generated over $100,000 in revenue over the past 30 days—and fewer than 1% actually distributed earnings to token holders. The article focuses on top revenue-generating protocols—including Hyperliquid (HYPE), Pumpdotfun (PUMP), Tron (TRON), Sky (SKY), Jupiter (JUP), Aave (AAVE), and Aerodrome (AERO)—analyzing their price-to-sales ratios (P/S) and token holder return metrics. It argues that protocol revenue—and its capacity to feed value back to token holders—is becoming the core metric investors use to evaluate and select projects. Regarding institutionalization trends, traditional financial giants—including NYSE, Robinhood, BlackRock, and Franklin Templeton—
Pump.fun announced on X platform that its App has launched a multi-chain trading feature, allowing users to trade assets on Ethereum, Base, BNB, and other blockchains within the Pump.fun application using a single wallet.
Odaily Planet Daily reported that Pump.fun will launch a new token USDC pairing feature on May 21, and existing SOL-based pairings will not be affected by this change. Since its launch in January 2024, it is estimated that at least 5.07 million SOL has been locked in liquidity pools, valued at $430 million.According to on-chain data, over $382 million has been allocated for PUMP buybacks, removing 37.9% of the circulating supply from the market and offsetting 13.4% of the total supply. (solanafloor)
BitMart's "BM Discovery" zone went live with Red Kitten Crew (RKC) at 11:00 (UTC+8) on May 12, opening the RKC/USDT trading pair.Red Kitten Crew (RKC) is a meme coin issued on the Solana chain via Pump.fun, inspired by the "Roaring Kitty" narrative.
According to an official announcement from Pump.fun, Pump.fun has launched its Charity Coins feature, which is exclusively integrated with the charitable donation platform Donate.gg. Coin Admins can now direct creator fees straight to up to five charitable organizations through the fee settings. Over 10,000 charities are already supported, and no additional onboarding is required from the charitable organizations. This integration aims to resolve issues previously associated with self-managed donations—such as uncertain donation execution, potential tax-triggering events, and malicious attacks targeting charities’ social media accounts.
the co-founder of Pump.fun stated that the integration with Donate.gg's Charity Coins can not only reduce friction in the Meme coin ecosystem's operation but also help Meme coins gain further legitimacy. He noted that this mechanism can help charities access the crypto donation system more securely.He also announced that Pump.fun-related entities have launched a donation matching program for all Charity Coins. The more charitable funds raised from creator fees, the higher the platform's matching contribution will be.
Pump.fun has partnered with Donate.gg to launch the Charity Coins feature, allowing projects to direct creator fees to charitable organizations. Users can set up to 5 charities as fee recipients on the Pump.fun app or web interface, with Donate.gg handling crypto asset processing and donation transfers.According to the introduction, this feature aims to reduce controversy, tax issues, and security risks associated with charity-themed Meme coins. It currently supports compliant donations to over 10,000 charitable organizations.
According to on-chain analyst Ember (@EmberCN), Pump.fun transferred 67,000 SOL to Kraken in the past 30 minutes, valued at approximately $4.51 million. He noted that since the beginning of 2024, Pump may have cumulatively sold 4.61 million SOL in fee revenue, totaling approximately $795 million, with an average price of about $172 per SOL.
Pump.fun announced on X platform that its App has launched a multi-chain trading feature, allowing users to trade assets on Ethereum, Base, BNB, and other blockchains within the Pump.fun application using a single wallet.
Odaily Planet Daily reported that Pump.fun will launch a new token USDC pairing feature on May 21, and existing SOL-based pairings will not be affected by this change. Since its launch in January 2024, it is estimated that at least 5.07 million SOL has been locked in liquidity pools, valued at $430 million.According to on-chain data, over $382 million has been allocated for PUMP buybacks, removing 37.9% of the circulating supply from the market and offsetting 13.4% of the total supply. (solanafloor)
According to Lookonchain monitoring, Pump.fun deposited 174,408 SOL (approximately $14.76 million) into Kraken 13 hours ago. Concurrently, on-chain transaction data suggests it may have completed partial sell-offs: a newly created wallet (35qaEz) withdrew 117,877 SOL (approximately $9.96 million) from Kraken, subsequently selling all of them at around $84.52 each for approximately $9.96 million USDC, and then redeposited the USDC back into Kraken.
According to on-chain analytics platform Lookonchain (@lookonchain), Pump.fun has resumed selling SOL after a 9-month hiatus, depositing 174,408 SOL (approximately $14.76 million) into Kraken. Of this amount, 117,877 SOL—reportedly sold via a newly created wallet (35qaEz)—was exchanged for approximately $9.96 million in USDC at an average price of $84.52 per SOL and subsequently deposited back into the exchange. Previously, between May 2024 and August 2025, Pump.fun had sold a cumulative total of 4.19 million SOL, amounting to roughly $757 million at an average price of $181 per SOL.
BitMart's "BM Discovery" zone went live with Red Kitten Crew (RKC) at 11:00 (UTC+8) on May 12, opening the RKC/USDT trading pair.Red Kitten Crew (RKC) is a meme coin issued on the Solana chain via Pump.fun, inspired by the "Roaring Kitty" narrative.