News linked to both this project and an event.
Pump.fun plans to launch the Elysium trading feature in its app on November 9. Previously, the application introduced Hyperliquid perpetual contract trading. Elysium is a standalone rollup with HyperEVM as its settlement layer.
Pump.fun has announced that its app now supports purchasing TON ecosystem tokens. Users can complete transactions directly using their USDC balance, without the need to manually bridge cross-chain or switch wallets.
According to official statements from Pump.fun, the Pump.fun app now officially supports X Layer. Users can trade all tokens on X Layer using a single USDC balance, without needing to manually bridge or switch wallets.
ai16z founder Shaw further introduced the Pump.fun smart contract reverse engineering plan on X, stating that the goal is not to develop a contract with similar functionality, but to restore a version that is completely identical to the original contract at the byte level, including the vulnerabilities and flaws in the original code. He called on developers to participate in the reverse engineering with AI tools and continuously submit code contributions via GitHub.Shaw pointed out that closed-source smart contracts are detrimental to security audits, and stated that over the past year, fund losses caused by serious security vulnerabilities in closed-source contracts exceeded $40 million. He believes that promoting open-source contracts helps developers and AI discover and report potential vulnerabilities.In addition, Shaw also plans to use tokens previously repurchased with Meme coin fee revenue as bounty rewards, distributing them to contributors participating in the reverse engineering.Previously, ai16z founder Shaw posted on X stating that 90% of the Pump.fun contract reverse engineering work had been completed, with full completion expected that evening, and said, "Open source everything, or you will be forced to open source."
Pump.fun announced that its app now supports buying Monad tokens. Users can complete transactions directly using their USDC balance without manually bridging or switching wallets.
According to on-chain analytics platform Lookonchain, kimchi received 500 million $kimchi today and posted about the token, which was subsequently retweeted by Pump.fun co-founder alon. Alon later retracted the retweet, and kimchi also deleted the post. The market capitalization of $kimchi briefly surged to $14 million before plunging by over 95%. Lookonchain reported that scammers used multiple wallets to buy $kimchi at low prices and subsequently sold them, netting cumulative profits exceeding $385,000.
Pump.fun co-founder and COO Alon posted on X that the platform's in-house cross-chain bridge, Pump Bridge, is now available to all app users. According to the test data he published, compared with the previously used cross-chain service provider Relay, Pump Bridge improves buy execution speed by about 2x, reduces transaction error rate by 92% from over 11% to under 1%, and on average yields more tokens for the same capital, while currently charging no additional cross-chain fees.Alon noted that previously, roughly 1 in every 9 cross-chain buys on Relay encountered an error, with a typical transaction taking close to 4 seconds and about 10% of transactions taking more than 7 seconds. He also said that the social trading app FOMO is still using Relay.The above results come from randomized testing conducted between September 28 and October 7, covering networks including Robinhood, BSC, Base, Arc, and Ink but excluding Ethereum, with a total of 416,669 transaction results recorded, of which 383,326 were used for transaction timing statistics and 35,333 USDC buys under $500 were used to compare execution performance.In addition, Alon said that the platform fee rate for the Pump.fun app is 0.45%, Callout rewards are distributed at at least $300,000 per day and have totaled about $20 million over the past two months. During the limited-time referral reward campaign, referrers can receive all platform fees generated by referred users, while the platform says it will not retain any platform fee revenue.
Odaily reports: Solana-based meme coin Kimchi reached a market cap of $40 million one hour after launch, currently at $38.71 million, with trading volume reaching $23.7 million. Kimchi (@kimchi1x) currently holds 75.32% of the total supply of this meme coin. This trader rarely posts trading records or calls, mainly sharing photos and videos related to lifestyle, travel, luxury cars, and watches.Pump.fun co-founder alon stated that Kimchi is the first person to truly bridge the gap between the crypto industry and popular culture, and the first case of a trader growing into a public celebrity. alon said that Kimchi is helping Pump.fun develop creative direction and drive ecosystem expansion.
Odaily reports: Pump.fun announced on X that it has partnered with PreStocks to launch a Pre-IPO token trading service. Users can now trade tokens related to private companies on Pump.fun and use these tokens as trading pair assets to issue new tokens.The first batch of supported companies includes OpenAI, Anthropic, Anduril, Neuralink, Figure AI, Kalshi, Polymarket, and Oura, totaling 8 companies.This feature is powered by PreStocks. The related tokens are not equivalent to holding actual equity in the corresponding companies.
Pump.fun's official Twitter account (@Pumpfun) announced that Pump.fun has launched its PreStocks feature, allowing users to issue tokens on the platform and pair them with Pre-IPO tokens from companies including OpenAI, Anthropic, Anduril, Neuralink, Figure AI, Kalshi, Polymarket, and Oura, while also enabling direct trading of these Pre-IPO tokens. The feature is powered by PreStocks.
Odaily News: Pump.fun co-founder alon posted on X platform stating that since Pump's Custom Pairs feature launched last month, approximately $5.9 million worth of PUMP has exited circulation, representing 0.33% of the current circulating supply. This mainly includes tokens locked in liquidity pools, burned tokens, and tokens held in protocol fee wallets.He noted that if PUMP-related trading pair activity maintains its current level, on an annualized basis, the amount of PUMP exiting circulation each year would be equivalent to approximately 3.35% of the current circulating supply. Additionally, he believes that as on-chain trading activity grows, Custom Pairs could bring more trading volume and buy-side demand to smaller-cap meme coins and other on-chain tokens.
Odaily News: Pump.fun co-founder Alon posted on the X platform to announce the latest adjustments to the Callout Rewards algorithm, stating that the new mechanism will introduce a Tailer PNL multiplier. The more profit copiers make, the higher the rewards recommenders receive, while losses will negatively impact rewards. Low-market-cap tokens will be reintroduced into the reward scope, but it must be ensured that copiers have real profit opportunities.Additionally, trading volume will no longer be the sole basis for reward attribution, and the behavior of posting an abnormally large number of trade recommendations daily will be penalized. The Callouts page of the Pump.fun App has added 1-hour and 4-hour PNL metrics for copiers to improve transparency and identify traders who may cause copiers to suffer severe losses shortly after posting callouts. In the future, the Callout Rewards algorithm will continue to be adjusted, and more information about the reward mechanism will be announced subsequently.
Pump.fun announced the launch of the Custom Pairs feature, allowing users to pair newly issued tokens with any token already listed on the platform. Under the new mechanism, when users purchase paired new tokens, transactions will be automatically routed to the original token's liquidity pool. Each buy order will generate buying pressure for the original token, thereby enhancing its liquidity depth.
According to Bando monitoring, the top 25 token deployers on the Pump.fun platform have cumulatively issued approximately 770,000 tokens, earning about $128 million in profits, with only 6 tokens having ever exceeded a market cap of $20 million.
Pump.fun co-founder Alon stated that the initial Callout reward mechanism previously led to low-quality spam. The platform has adjusted its algorithm to reduce the marginal returns for high-frequency posting, emphasizing that rewards are tied to the actual trading volume generated by the content.
Odaily News: Pump.fun has announced the launch of the Rocket Lab trading pair. New tokens can now be paired with Rocket Lab's stock token RKLB, with the related functionality powered by Sunrise. In addition, the Holder Rewards feature can be enabled, allowing token holders to earn RKLB rewards.
Odaily reports: Pump.fun officially announced that on the first day Arc Chain goes live, it will be supported by the Pump.fun app. Users can seamlessly trade any token on Arc Chain with USDC, earn Callout rewards, and enjoy near-zero transaction fees.The news was subsequently reposted and endorsed by the Circle CEO, and the official Arc Chain account responded in the comments section: "Built for this."
According to an official tweet from Pump.fun, Pump.fun has officially launched Custom Pairs on Solana, allowing users to issue Meme tokens paired with tokenized stocks (such as $BA, $BABA, $DJT, $PFE, etc.), major crypto assets, and precious metals. The update adds 20 new asset pairs, powered by partner @sunrise. It maintains the same fee structure as standard Pump.fun launches, and includes creator fee settings alongside a feature for sharing among up to 10 people.
Pump.fun announced the launch of its Custom Pairs feature on Wednesday, allowing creators to choose tokenized stocks, wrapped Bitcoin, Ethereum, and metals as quoted assets when issuing tokens, no longer limited to SOL and USDC trading pairs. The number of supported quoted asset pairs has now reached 93, covering tokenized Nvidia, Tesla, and S&P 500, among others. Custom Pairs has been rolled out in the token creation form, with bonding curve and PumpSwap protocol fees consistent with standard issuance, of which 50% of the revenue will flow into the PUMP buyback and burn contract.
Odaily News, Blockworks researcher Kunal Doshi stated on the X platform that Pump.fun's daily revenue has recently begun to show a noticeable decline, with some trading activity migrating to Robinhood Chain and Launchpads on Solana that support trading pairs composed of Meme coins and stock tokens.