Back

PumpFun Burns $370 Million in Repurchased PUMP Tokens

Pump.fun said about $370 million in PUMP, equal to 36% of circulating supply, has been burned, while founder alon said all revenue from the past nine months funded buybacks and 50% of next year’s revenue will support further buybacks and burns.

Fact Check
The claim is strongly supported by the primary-source X posts. The official Pump.fun post at https://x.com/Pumpfun/status/2049232506143006844 states that all previously repurchased PUMP tokens were burned, totaling about $370 million and about 36% of circulating supply, and that 50% of revenue will go to buyback-and-burn for the next year. The founder’s post at https://x.com/a1lon9/status/2049233387328565548 states that over the past about nine months, 100% of revenue went to buybacks. Independent and aggregation reports from Crypto Briefing and Odaily repeat the same figures and explicitly connect alon’s statement to the future 50% revenue allocation. I did not find contrary evidence among the gathered sources.
    Reference: 123
Summary

Pump.fun said it burned about $370 million in repurchased PUMP tokens, equal to roughly 36% of circulating supply. Founder alon said 100% of the project’s revenue over the past nine months was used for those buybacks. The project also said 50% of revenue over the next year will be allocated to programmatic buybacks and burns, extending its previously announced buyback-and-burn plan.

Terms & Concepts
  • Circulating supply: The number of tokens currently available on the market and held by users, excluding assets that are locked, burned, or otherwise unavailable.
  • Token burn: The permanent destruction of crypto tokens, typically by sending them to an inaccessible blockchain address to reduce supply.