According to BlockBeats news on November 29, after the live streaming feature of Pump.fun was banned, protocol revenue dropped by 33%. According to DefiLlama data, Pump.fun had an excellent start in November, and as of November 24, the daily revenue of the site had nearly quintupled to $5 million. This week, its revenue plummeted by one third to $3.6 million.

In May of this year, Pump.fun first launched its live streaming feature, but it did not gain the expected popularity. In November, the official promoted the feature again and successfully sparked a trend of 'live streaming with memes'.

However, within less than a week, Pump live streaming began to gradually spiral out of control. Due to the platform's inadequate content review, broadcasters resorted to various extreme behaviors to attract attention, even posing direct personal threats to others, which plunged this killer application in the Solana ecosystem into legal and regulatory risks. Ultimately, on November 26, Pumpfun announced the ban on live streaming functionality.