Pump.fun Introduces ‘Cashback Coins’ With Trader Rewards Model

Pump.fun's updated fee structure splits issuance costs into creator fee and trading cashback options, with trader cashback returning all creator fees to market participants.

Summary

Pump.fun announced a revision to creator fees, dividing token issuance charges into 'creator fee' and 'trading cashback' options. Under the trading cashback model, all creator fees are refunded to traders, incentivizing market activity. Cashback Coins in this mode cannot undergo CTO, distinguishing them from creator fee-based tokens.

Terms & Concepts
  • Cashback Coins: A type of token on Pump.fun where issuers must select either trader cashback or issuer fees, with all issuer fees permanently distributed to traders.
  • Creator Fee: A charge applied to token issuers during launch, which may be returned to traders under the trading cashback option.
  • CTO: A mechanism on Pump.fun for creator fee coins; Cashback Coins are not eligible for this process.