Pump.fun has surpassed $800 million in cumulative revenue through transaction fees, regained dominance over LetsBonk.fun, and recently raised $600 million in minutes as Base overtook Solana in daily memecoin launches.
Pump.fun, a Solana-based memecoin platform, has generated more than $800 million in cumulative revenue, driven mainly by a 1% transaction fee. After leading deployers migrated back from LetsBonk.fun, the platform now earns over $1 million in daily revenue, compared to less than $30,000 on LetsBonk.fun. In its most recent initial token offering, Pump.fun raised $600 million in just 12 minutes and is conducting above-market buybacks to stabilize token prices. Despite Pump.fun’s strong performance, the Base network recently surpassed Solana in daily memecoin launches, recording 57,970 compared to Solana’s 32,760.