Pump.fun's revenue since inception is around US$162 million.
In recent weeks Pump. fun, a popular Solana-based platform that manages #meme coins, has been consistently selling large amounts of SOLs.
According to the latest Lookonchain data, Pump. fun's Fee account sold another 40,000 SOLs on Oct. 2 for about $6.68 million. This sale sparked speculation about its impact on the broader market. Immediately after the event, the price of #SOL briefly dropped to US$163, but then rose back up to US$166 at the time of publication.
According to Lookonchain, Pump. fun has so far raised 969,945 SOL (about US$162 million). This figure was generated after selling 503,343 SOL worth US$78.7 million at an average price of US$156.4. This makes Pump. fun one of the most profitable protocols of the year, capitalizing on the meme trend and the #Solana ecosystem to generate significant revenue thanks to its reward structure.
Since its launch in January, Pump. fun has generated over 2.5 million Solana tokens. In the process, the platform has managed to raise $140 million in commissions. At the recent Twitter Spaces event, the team announced a trading bot and hinted at a possible launch of airdrop tokens after its most successful week. They also announced Pump Advanced, a trading platform designed to compete with popular tools like Photon and Bull X.
Commenting on the #token launch and potential airdrop, Sapiju, one of the co-founders of the project, said
We will definitely launch the token at some point in the future. We won't say when that will happen. Our airdrop will probably be much more profitable than any other in the sector, although there are no guarantees.
Pump. fun originally charged users $7 each to create tokens, but in August it eliminated that fee and introduced incentives for developers.
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