$PUMP token powers the world’s leading launchpad

Revenue & $PUMP updates

• Protocol fees from the Bonding Curve, PumpSwap & Terminal totaled $16.32M for the week of September 28 to October 4, up 20% week over week and the biggest revenue week since September 2025, with every day above $2M and Sunday October 4 the best day at $2.53M
• Over the past 7 days, $7.60M in $PUMP tokens was bought back & burned (1.34B $PUMP), up 19% week over week. Cumulative buybacks reached $465M, now 16.85% of the total supply

Pumpfun mobile app

• A new all time high week for the app
• Take profit and stop loss usage kept growing, with more orders executed for a fifth straight week since launch
• A trading competition is live in the app: it kicked off Friday October 3 with $100,000 in solo prizes and another $100,000 for squads
• Two new ways to discover coins: a new Trending feed and a new Stocks feed for tokenized stocks

Launchpad + Ecosystem

• $4.72B traded this week across the Bonding Curve and PumpSwap, up 14% week over week, matching the biggest volume week since early May 2025
• Launchpad Bonding Curve volume: $1.28B
• PumpSwap volume: $3.44B
• A new look for pump.fun web: the coin page and profiles were redesigned this week
• e/acc was the top coin of the week: $53.5M in volume, peaking above a $21M market cap
• Agency was the launch of the week: live from Thursday night October 1, it traded $41.5M from 36,200 traders in its first three days

Terminal

• Terminal facilitated $150.6M in volume across 2.05M trades last week, up 3% week over week
• Breakout limit orders are live
• Trending page improvements, with volume now shown by trading platform
• Bulk wallet import
• More theme customization

Revenue & $PUMP updates

• Protocol fees from the Bonding Curve, PumpSwap & Terminal totaled $13.64M for the week, up 25% and the second biggest week since June, with every day above $1.64M and Saturday September 26 the best day at $2.85M
• Over the past 7 days, $6.37M in $PUMP tokens were bought back & burned (1.48B $PUMP). Cumulative buybacks reached $458M, now 16.7% of the total supply

The Pumpfun app

• Saturday was a record high for Solana volume in-app as crosschain speculation declined & traders rotated back to Solana.
• Robinhood tokenized stocks are now tradable in the Pumpfun app: buy and sell tokenized stocks on Robinhood Chain straight from the app (excl. UK, US, CH, CA)
• Squads refreshed UI

Launchpad + Ecosystem

• Second biggest week since June, with Saturday September 26 the biggest single day since June at $846M
• Launchpad Bonding Curve volume: $1.06B, up 28%
• PumpSwap volume: $3.06B
• A Holder Rewards and Custom Pairs dashboard is live at pump.fun/holder-rewards, and new quote assets kept landing this week, including $WOJAK, $e/acc and more.

Terminal

• Terminal facilitated $145.9M in volume across 1.96M trades last week, up 15%
• Callout leaderboards are live on Terminal
• Tax breakdown added to market stats
• Network fees now shown in the transfer modal
• Dynamic quote registry and pool depth evaluation on EVM chains
• Split and consolidate button can now be hidden

Revenue & $PUMP updates

• Protocol fees from the Bonding Curve, PumpSwap & Terminal totaled $10.89M for the week of September 14 to 20, up 17.5% week over week and the third biggest week since June, with every day above $1.36M and Friday September 18 the best day at $1.70M
• Over the past 7 days, $5.01M in $PUMP tokens was bought back & burned (1.30B $PUMP), up 15% week over week. Cumulative buybacks reached $451M, now 16.6% of the total supply

Pumpfun mobile app

• A referral program launched in the app: invite a friend and you both get paid in USDC once they start trading
• The support for Arc chain went live
• A new profile UI, with your rewards and stats now grouped in one place
• Achievements launched in the app
• Trading infrastructure upgraded under the hood for faster, more reliable execution

Launchpad + Ecosystem

• $3.57B traded this week across the Bonding Curve and PumpSwap, flat week over week, with Bonding Curve volume up 19%
• Launchpad Bonding Curve volume: $827.5M
• PumpSwap volume: $2.74B
• Holder Rewards, first full week: more than 40,000 coins launched. Holder Rewards coins made up 14% of all trading this week, $384M in volume
• Custom Pairs keep expanding: new quote assets are added daily, from tokenized stocks to ecosystem coins, with 170 quote assets now in use
• Catecoin set a new all time high on Saturday September 19, eight weeks after launch

Terminal

• Terminal facilitated $126.8M in volume across 1.85M trades last week, up 1% and 6% week over week
• Arc support is live on Terminal
• Cross chain bridging is now live for everyone
• Edit your pump.fun profile straight from Terminal
• Partner dashboard complete: partners can now track and claim milestone bonuses directly
• Set a fee recipient when launching a token
• Instant Trade now shows a comparison row

Revenue & $PUMP updates

• Protocol fees from the Bonding Curve, PumpSwap & Terminal totaled $9.27M for the week of September 7 to 13, with every day above $1M and Wednesday September 9 the best day at $1.71M
• Custom Pairs are already contributing: $1.08M in protocol fees from Custom Pairs coins from September 9 to 13, with 50% of Custom Pairs revenue going to the $PUMP buyback & burn
• Over the past 7 days, $4.37M in $PUMP tokens was bought back & burned (1.09B $PUMP). Cumulative buybacks reached $446M, now 16.4% of the total supply

Launchpad

• Custom Pairs launched September 9: launch coins paired with tokenized stocks, crypto majors and more on Solana, with 93 pairs at launch and over 70 more added September 12, including $PUMP and ecosystem tokens. From September 9 to 13, $310M was traded on Custom Pairs by 180,000 traders, 8.6% of the week’s volume
• $PUMP is the most used new quote asset: $129M traded in $PUMP paired coins by 111,000 traders since September 9
• Holder Rewards launched September 12, replacing Cashback for new launches: hold over $20 of a Holder Rewards coin and receive a share of its fees several times an hour, paid in the coin’s quote asset. More than 10,000 coins launched with Holder Rewards on in the first two days, and existing coins can make the switch

Ecosystem

• $3.60B traded this week across the Bonding Curve and PumpSwap, up 5% week over week and the third biggest week since June, with Wednesday September 9 the busiest day at $625M
• Launchpad Bonding Curve volume: $693.1M
• PumpSwap volume: $2.91B
• Catecoin is back on top: $54.2M in volume from 48,982 traders this week, up 46% week over week, its market cap back above $60M, its third week as the top coin in the last six, and more than half a billion dollars traded since its July 26 launch
• baton, the first coin paired with $PUMP, was the biggest debut of the week: $51.0M in volume from 30,602 traders in its first four days

Pumpfun mobile app

• New all time high in daily active app traders on Wednesday September 9
• Take profit and stop loss orders keep gaining traction, with more orders executed every week since launch

Terminal

• Terminal facilitated $125M in volume across 1.74M trades last week, with Terminal fees up 23% week over week to $562k and Wednesday September 9 the biggest Terminal fee day on the public dashboard
• Custom Pairs and Holder Rewards are live on Terminal, with quote assets discovered automatically: from September 9 to 13, Custom Pairs coins made up about half of all Terminal trades, $57.6M in volume
• Support added for another launchpad’s V2: discovery, trading, fee routing and partial fill settlement, with a fee direction indicator
• An OTC desk integration is live
• Faster access to Robinhood Chain trenches
• Chart price axis now uses clean, rounded tick intervals

Intro

I wanted to make it very clear that Baton and the Foundation are very aware of the activity happening on other chains and are always actively looking for ways to push as many users as possible toward the Pump applications.

Revenue & $PUMP updates

• Protocol fees from the Bonding Curve, PumpSwap & Terminal totaled $9.75M for the week of August 31 to September 6, normalizing after last week’s multi-month record, with Monday and Tuesday both clearing $1.99M
• Over the past 7 days, $4.76M in $PUMP tokens was bought back & burned (1.12B $PUMP). Cumulative buybacks reached $442M, now 16.3% of the total supply

Social push

• Direct messages are live in the app: message anyone you follow who follows you back
• Squads are live: invite only groups with a shared profile and their own leaderboard in Top Charts
• The Friends tab launched August 31: filter callouts by market cap, position size, and what your friends interacted with, and post straight from it. It’s already driving ~10,000 trades a day
• Callout posts grew another 17% week over week, replies 20%, and reposts 29%

Pumpfun mobile app

• Limit orders launched September 1 on the Solana app: set take profits and stop losses right in the app. As of Saturday, limit orders are live on web too
• Turn your trades into shareable animated replay videos
• A new home feed algorithm designed for newcomers, and a simpler app with fewer feeds

Launchpad + Ecosystem

• $3.43B traded this week across the Bonding Curve and PumpSwap, the third biggest week since June
• Launchpad Bonding Curve volume: $722.8M
• PumpSwap volume: $2.71B
• apeonfone held the top spot for a second straight week: $60.5M in volume from 32,900 traders, taking its lifetime total to $187M from 91,900 traders in under two weeks

Terminal

• Terminal facilitated just over $127M in volume across 1.68M trades last week, cooling about 30% from last week’s record
• Multi wallet trading got 7x faster
• Import multiple wallets at once during onboarding
• Captcha integration deployed: a significant reduction in automated scrapers and chart abuse, with abusive bots banned
• Fee claims forced by third parties are now visually distinguished on the chart
• Search improvements: a max results filter and the option to hide recent searches

Revenue & $PUMP updates

• Protocol fees from the Bonding Curve, PumpSwap & Terminal totaled $16.07M for the week of August 24 to 30, up 29% week over week and the biggest revenue week since early September 2025
• Thursday did $2.92M, the best single revenue day since September 2025
• Over the past 7 days, $7.68M in $PUMP tokens was bought back & burned (1.64B $PUMP), including five straight days above $1M for the first time since March. Cumulative buybacks reached $437M, now 16.2% of the total supply

Social push

• A record callout week, the most ever, up 67% week over week
• Callout posts grew 82% week over week, and replies grew 65%

Pumpfun mobile app

• The app crossed 100,000 daily active users this week
• New all time highs in daily active app traders every single day this week, with a new record set Friday
• App trading volume grew 86% week over week across all chains, with the Solana leg up 77%
• HyperEVM went live for everyone on August 26: trade any HyperEVM token with USDC, the first mobile app to bring HyperEVM to the trenches. In app HyperEVM traders more than doubled week over week
• Crosschain in-app volume more than doubled week over week

Launchpad + Ecosystem

• $4.71B traded this week across the Bonding Curve and PumpSwap, up 30% week over week and the biggest volume week since early May 2025
• Thursday’s $828M was the biggest volume day of 2026
• Launchpad Bonding Curve volume: $1.18B, its sixth straight weekly increase and now more than double July’s levels
• PumpSwap volume: $3.53B
• 310,696 new coins launched this week, up 17% week over week
• apeonfone ($fone) was the coin of the week: launched Wednesday and still did $126.9M in volume from 73,270 traders in just four days
• Trust Wallet is now a connect option on pump.fun web, and coin alerts are now live for everyone on web

Terminal

• Terminal facilitated over $184M in volume across 2.58M trades last week, up 36% week over week
• Callouts are now integrated into the Terminal market page feed
• A new BSC launchpad was integrated, with trading, data, and pool display live
• Rich tooltips on trade bubbles, extended to social tooltips for visual consistency
• Holders and trades feeds now render over 60% faster

Revenue & $PUMP updates

• Protocol fees from the Bonding Curve, PumpSwap & Terminal totaled $12.48M for the week of August 17 to 23, up 16% week over week and the best revenue week since late January for the second week running
• Wednesday did $2.06M, the best single revenue day since late January
• Over the past 7 days, $6.13M in $PUMP tokens was bought back & burned (1.75B $PUMP), including the first $1M+ buyback day since late April. Total buybacks & burns crossed 16% of the total supply this week

Pumpfun mobile app

• New all time highs in daily active traders every single day this week, capped by a record Sunday
• Crosschain fees were cut to just 0.1% as crosschain trading volume on the app keeps setting all time highs
• PnL got an upgrade: a new stats header at the top of profiles, powered by a reworked PnL system that makes your numbers more accurate than before
• A Callout Rewards leaderboard with daily, weekly, monthly, and all time views
• Quality of life: faster image loading throughout the app and clearing recent searches

Launchpad + Ecosystem

• 266,000 new coins launched this week
• Launchpad Bonding Curve volume: $927.7M
• PumpSwap volume: $2.69B
• Combined, $3.62B traded this week, up 25% week over week. Daily trading volume across the Bonding Curve and PumpSwap hit $564M on Sunday
• BOOST keeps compounding: $32M reinjected into freshly bonded coins since its July launch, averaging about $1M every single day
• Catecoin came roaring back: $109.9M traded this week, up nearly 5x week over week from 77,200 traders, setting a new all time high market cap of $96M on Sunday
• A wave of Ansem related launches rallied this week: BULLS’S EYE peaked at a $7.4M market cap, Bullshit Coin at $5.9M, and Z500 at $4.1M, all graduating on day one

Terminal

• Terminal facilitated over $135M in volume last week, up about 9% week over week
• 35,312 wallets traded on Terminal this week, up 23% week over week
• Transactions land 10%+ faster end to end
• Bundling support for the token launcher is live
• The token info layout on the trade page was reworked for readability
• The trade widget now floats and can be dragged anywhere in the app
• Support added for two more launchpads

Revenue & $PUMP updates

• Protocol fees from the Bonding Curve, PumpSwap & Terminal totaled $10.74M for the week of August 10 to 16, up 7% week over week and the best revenue week since late January
• Tuesday alone did $1.73M, the biggest single revenue day since January 30
• Over the past 7 days, $5.33M in $PUMP tokens was bought back & burned (1.93B $PUMP) as part of our commitment to buyback & burn 50% of revenue via a locked smart contract. August 12 was the biggest buyback day since late April. In total, $PUMP buybacks & burns have offset 15.9% of the total supply

Pumpfun mobile app

• A new all time high in daily active traders on Thursday. Weekly app traders grew 23% week over week, and app trading volume grew 22%
• The profile got a new Activity hub: Reclaim rent, Cashback, Streaks, and Callout history in one place
• Exact amount sells rolled out across the stack: sells now deliver the exact amount you ask for, on Pump routes, Jupiter routes, and EVM chains
• One of the new arrivals, @sapphycrypto, ran a $0 to $100,000 challenge in 5 days on the app

Launchpad + Ecosystem

• Launchpad Bonding Curve volume: $806.5M
• PumpSwap volume: $2.08B
• The Toad Pepe was the coin of the week: $30.6M in volume from 28,400 traders, rallying to a new all time high market cap of $24.7M with public backing from Slingoor and Mike Dudas

Terminal

• Terminal facilitated over $123M in volume across 2.18M trades last week, up about 17% week over week
• Charts got faster: TradingView charts load ~150ms faster, with rendering time cut in half
• Custom Trenches order: reorder your trench tiles into your own layout
• Chart settings now sit directly on the token row instead of nested inside TradingView
• Quick sell straight from the trench tile with the new sell button
• Sushiswap is now integrated as a supported DEX

Revenue & $PUMP updates

• Protocol fees from the Bonding Curve, PumpSwap & Terminal totaled $10.03M for the week of August 3 to 9, up 12% week over week. This is the first week above $10M and the biggest week since this newsletter began
• Over the past 7 days, $5.02M in $PUMP tokens was bought back & burned (2.15B $PUMP) as part of our commitment to buyback & burn 50% of revenue via a locked smart contract. In total, $PUMP buybacks & burns have offset 15.7% of the total supply
• pump.fun flipped Hyperliquid in 30 day revenue this week

Social push

• Social trading launched publicly on August 7: callout tokens that notify your followers. Callouts grew 44% week over week, and callout replies grew another 87%
• A new social campaign started rolling out, with more and more power users adopting the Pumpfun app every day. More details: https://x.com/Pumpfun/status/2085733966322024932?s=20
• You can now follow users and top traders on pump.fun

Pumpfun mobile app

• The app set new all time highs in daily active traders on both Saturday and Sunday, back to back ATHs on a weekend
• Zero fee trading on Solana and seamless crosschain trading with USDC
• Reclaim SOL is now available in settings: it finds token accounts in your wallet still holding refundable rent deposits, closes them, and returns that SOL to your balance

Launchpad + Ecosystem

• The market is coming back: $2.97B traded across the ecosystem this week, the strongest trading week on pump.fun since late January
• Launchpad Bonding Curve volume: $751.6M
• PumpSwap volume: $2.22B
• Catecoin led the platform for a second straight week: $135M in volume from 87,000 traders, setting a new ATH market cap of $88M on August 3, just two weeks after launching
• The week’s biggest new launches: The Toad Pepe ($51M in under two days), Doom ($28M), and Tiktok Coin ($19M), all graduated

Terminal

• Terminal volume grew about 14% week over week to over $105M across more than 2M trades
• Faster transaction confirmations: improved EVM nonce tracking and faster transaction landing speed
• EVM wallet management got a new layout: grouped wallets, in-app transfers, and split or consolidate in one place
• EVM portfolio tracking moved to a dedicated service with improved position accuracy
• Atlas bubblemap integration added alongside Solscanner

Revenue & $PUMP updates

• Protocol fees from the Bonding Curve, PumpSwap & Terminal totaled $8.95M for the week of July 27 to August 2, up 18% week over week.
• Over the past 7 days, $4.45M in $PUMP tokens was bought back & burned (2.20B $PUMP) as part of our commitment to buyback & burn 50% of revenue via a locked smart contract. In total, $PUMP buybacks & burns have offset 15.59% of the total supply

Launchpad & PumpSwap

• Launchpad Bonding Curve volume: $690.4M
• PumpSwap volume: $1.90B
• BOOST keeps compounding: since going live July 21, more than 110,000 SOL (~$8.3M) has been injected into 8,400+ newly bonded coins via buybacks & burns

Pump fun ecosystem

• Catecoin topped a $73M market cap within 8 days, leading the platform with $91M in volume since launch

The Pumpfun app

• Rapid quick trades are now live for Solana coins

Terminal

• Terminal facilitated over $92M in volume across 1.86M trades from ~34k trader wallets last week, up 16% week over week
• Dev and Wallet Highlight Mode expanded: per-wallet custom colors, with highlighting now supported across holders, live trades, and top traders tables
• Boost Mode indicator added with 3 display modes: off, icon only, or full with a countdown timer
• Additional Robinhood launchpads integrated, plus flETH token support
• EVM trading got safer: liquidity calculation fixes for Robinhood tokens and warnings on bad or scam pools

Revenue & $PUMP updates

• Protocol fees from the Bonding Curve, PumpSwap & Terminal totaled $7.56M for the week of July 20 to 26, up 30% week over week
• Over the past 7 days, $3.73M in $PUMP tokens was bought back & burned (1.97B $PUMP) as part of our commitment to programmatically buyback & burn 50% of revenue. In total, $PUMP buybacks & burns have offset 15.28% of the total supply
• One week on from the first major $PUMP unlocks, ~84.5% of the unlocked tokens have never left the recipient wallets, and on-chain DEX sales remain under 4%
• Pump's 7 day revenue flipped Hyperliquids 7 day revenue.

Launchpad & PumpSwap

• Launchpad Bonding Curve volume: $570.7M
• PumpSwap volume: $1.90B
• BOOST mode went live July 21 as the new standard launch mechanism for every pump fun coin: the dead liquidity that was previously lost forever on migration is now reinjected into every bonded coin via buybacks & burns in the minutes after migration
• Since launch, more than 59,000 SOL (~$4.5M) has been injected directly into the trenches across 4,600+ coins, value that would have otherwise gone to waste, locked away forever

Pump fun ecosystem

• Jimothy The Raccoon led the ecosystem for a second straight week: ~$65M in organic trading volume from ~44,000 unique traders from July 20 to 26. The coin peaked just under a $48M market cap on July 22 and has done over $95M in organic volume since launching July 16

The Pumpfun app

• Replies to callouts are now live!
• A new tab highlights the top 200 coins
• Direct memecoin buys with Apple Pay are now live: fiat to coin in under 30 seconds. Available on ~300 supported coins
• USDC denomination across the app: balances and trading now display in USDC, with a USDC/SOL toggle

Terminal

• Terminal facilitated over $79M in volume across 1.4M+ trades from ~31k trader wallets last week, up roughly a quarter week over week
• The Robinhood launch cashback promo keeps paying off: a majority of the wallets it brought in were still trading on Terminal weeks after the event
• Boost mode display: boosted coins are now visible on Terminal
• New Robinhood launchpads supported, with data improvements
• Chart markers now load faster
• Tracked Dev Highlights launched: track individual dev wallets on the Trenches feed, highlight them in any color, and get into notable launches faster

Extra

• We’re hiring a Growth Marketing Lead at Baton Corporation to take pump.fun from crypto product to an app used by hundreds of millions. $400k to $1M base plus incentives

Revenue & $PUMP updates

• Protocol fees from the Bonding Curve, PumpSwap & Terminal totaled $5.81M for the week of July 13 to 19
• Over the past 7 days, $2.88M in $PUMP tokens was bought back & burned (1.80B $PUMP) as part of our commitment to buyback & burn 50% of revenue via a locked smart contract. In total, $PUMP buybacks & burns have offset 15.167% of the total supply

Furthermore, the first major $PUMP unlocks happened for investors & team members last week. Of the total supply which was distributed to early investors & team members, only 8% was sold, meaning ~90% of all unlocked tokens are still being held by those who vested.

Launchpad & PumpSwap

• Launchpad Bonding Curve volume: $477.5M
• PumpSwap volume: $1.20B

Pump fun ecosystem

• Jimothy The Raccoon was the coin of the week: launched July 16, graduated, and did $47.6M in volume from 34.5k traders in its first 4 days, the most of any coin on pump.fun this week.

The Pumpfun app

• A brand new facelift for the Pumpfun app has been rolled out after extensive development, feedback with core users & a targeted approach to what a crypto trading app should be.
• The trading competition wrapped July 16 with the full $50,000 prize pool paid out to 5 winners. vision33 took the $30k top prize, with suggss ($8k), funlousymood ($5k), Janggy ($3.5k), and gar0u ($3.5k) rounding out the podium
• Robinhood Chain remains a large proportion of Pumpfun app volume following our rapid deployment of support for the chain.

Terminal

• Terminal facilitated $63.8M in trading volume across all chains last week, with 1.21M trades from 25.1k traders.
• Robinhood Chain trading went live on Terminal, celebrated with a 48-hour 99% cashback event. During the promotion, Robinhood trading activity on Terminal ran ~13x the trade count and ~11x the volume of the preceding 48 hours, with 4x the unique traders. 8 in 10 of them were trading Robinhood on Terminal for the first time, and roughly 4 in 10 came back and traded again within the first day after the event.
• A new Terminal feature was announced in partnership with HoudiniSwap, where users can fund up to 10 trading wallets at a time through HoudiniSwap's private, compliant funding flow, exclusively to Terminal.

Revenue & $PUMP updates

• Protocol fees from the Bonding Curve, PumpSwap & Terminal totaled $5.9M for the week of July 6 to 12
• 50% of net fees are routed to programmatic $PUMP buybacks and burns via a locked smart contract.
• Over the past 7 days, over $3M in $PUMP tokens were bought back & burned
• In total, $PUMP buybacks & burns have offset 14.987% of the total supply.

Read more on $PUMP programmatic buyback & burns: https://x.com/Pumpfun/status/2049232506143006844?s=20.

Launchpad & PumpSwap

This week, crypto saw a brand new chain with Robinhood’s L2, which saw a lot of speculation from traders from all chains. Despite the growing activity on Robinhood’s chain, the pump fun Bonding Curve & PumpSwap AMM remained incredibly strong with no signs of slowing down.

Bonding Curve volume: $480M

PumpSwap volume: $1.34B

The pump fun ecosystem

• The Black Bull (ANSEM) remains the top coin on pump.fun: $88.2M in volume from July 6 to 12, the most of any coin this week, with a fresh all-time-high market cap of $450M on July 6, holders up ~18% week over week, and $265.8M in lifetime volume since launching June 16
• The coin has earned over $170,000 in creator fees since launch, of which much has been used for giveaways & community incentives.

The Pumpfun app

• This week, the Pumpfun app showed incredible shipping speeds dominance on the Robinhood chain after being the first major trading app to support Robinhood Chain.
• The mobile app trading competition continues heating up as it approaches its end: thousands of traders have joined, all competing for the $50,000 prize pool.

Terminal

• Terminal facilitated $67.2M in trading volume across all chains from July 6 to 12, with 1.18M trades from 26.7k traders
• Terminal added support for Robinhood
• Chart bubbles now load near-instantly: p95 latency for trade mark loading dropped significantly after inefficient Redis reads were identified and fixed

Extra

Many upcoming features and products will only be announced upon release and are being worked on by Baton Corporation pump's DevCo for pump.fun in secret.

I'm the CEO of Baton Corporation, the DevCo that develops and maintains pump.fun.

Going forward, I'll be posting updates covering everything that is happening at pump.fun: the launchpad, ecosystem, mobile app, Terminal, GO, coin communities, as well as internal product achievements.

The goal is to improve visibility and give more spotlight to the parts of the organization that often go overlooked.

Revenue & $PUMP updates

• Protocol fees from the Bonding Curve, PumpSwap & Terminal totaled $7.20M for the week of June 29 to July 5.
• 50% of net fees are routed to programmatic $PUMP buybacks and burns via a locked smart contract.
• Over the past 7 days, $3.70M in $PUMP tokens was bought back & burned.
• In total, 41.80% of the total circulating supply has been bought back & burned.

Read more on $PUMP programmatic buyback & burns: https://x.com/Pumpfun/status/2049232506143006844?s=20.

Launchpad & PumpSwap

The Pump fun Bonding Curve & PumpSwap AMM continue to generate good volume despite market conditions:

Bonding Curve volume: $553M

PumpSwap volume: $1.65B

• The Tokenized Agent launch option was removed based on community feedback that the growing number of launch options led to needless PVP. Existing tokenized agent coins continue to function as normal.

The Pump fun ecosystem

• Ansem (@blknoiz06) returned to pump.fun, publicly claiming support for The Black Bull (ANSEM), and created a doxxed pump.fun account. The coin generated $112M in volume this past week and $183M since launching June 16, making it the biggest coin launched on pump.fun in the last three months, 4.5x the next largest launch. It peaked above a $430M market cap within three weeks of launch. This led to renewed activity across the ecosystem alongside many inactive users being reactivated.

The Pump fun app

• New swap service went live: transaction speed improved from 1-2s to 300-400ms
• New low-KYC onramp went live June 22: platform onramp transactions are up ~21% per day since launch, with 3,500+ completed transactions from 1,300+ unique wallets through the new flow in its first 10 days

Terminal

• Off-chain token indicators are live: coins deployed without the initial buy are now flagged in the UI and can be filtered out in Trenches
• Terminal is getting faster: initial JS bundle size reduced by 35% and the number of heavy browser tasks cut down
• Search modal improvements: active viewers shown per coin, filtering by wallets, and OG filter support

GO

• The recent GO launch video became the most viewed pump post ever, with 18M+ views on X. Since launch: ~3,000 bounties created, 18,000 submissions, and over $600k paid out to submitters, with rewards ranging from $10 to $70k . 6 of 10 bounties are linked to coins
• Bounty-linked coins outperform massively: a 32.7% graduation rate vs 0.82% for other new coins (a 40x difference), and the 578 bounty coins (0.07% of new coins since launch) have done $498M in volume, ~10% of all volume on coins created since GO went live
• Moderation: 600+ bounties and submissions removed for harmful content or policy violations