What is Pump.fun?
Pump.fun is a platform designed for creating and trading meme tokens on the Solana blockchain. It simplifies the process of launching meme tokens, allowing users to create tokens without providing initial liquidity. Due to its ease of use and low barriers to entry, it attracts experienced crypto enthusiasts and newcomers.
Pump.fun Key Features
1. Simple token creation:
Users can launch new tokens with minimal upfront investment (usually around $2 in fees).
The platform charges a 1% exchange fee on transactions, and a 2 SOL fee is charged when the token gains enough liquidity to be traded on a decentralized exchange such as Raydium.