Pumpdotfun Launches Project Ascend With Dynamic Fees on PumpSwap

According to Pump.fun, Project Ascend’s Dynamic Fees V1 on PumpSwap can lift creator revenue by up to 10x and speed fee application processing by 10x, while fees scale down as token market caps grow.

Summary

Pump.fun officially announced Project Ascend, introducing Dynamic Fees V1 for PumpSwap. The update adjusts creator fees based on token market capitalization—lowering fees as market value rises—while reportedly boosting creator revenue by up to 10x and accelerating fee application processing by 10x. The model applies to all new and existing PumpSwap tokens, and protocol and auto-compounding liquidity provider fees, including burned LP, remain unchanged, according to the company’s statement.

Terms & Concepts
  • Dynamic Fees: A flexible fee structure that changes based on parameters like market capitalization to improve fairness, sustainability, and efficiency.
  • PumpSwap: A decentralized exchange within the Pump.fun ecosystem used for token swaps and community-driven trading.
  • Market capitalization: The total market value of a token (price × circulating supply), used here to determine creator fee tiers.