According to PANews, data from DefiLlama indicates that Pump.fun's 24-hour revenue reached a record high of $1.99 million on July 1. This figure represents a more than threefold increase from the previous day's revenue of $598,000. On July 3, the revenue rose again to $1.22 million.
However, PANews analysis found that there was a suspected internal fund transfer to Pump.fun's revenue collection address on June 30, amounting to 9,500 SOL (approximately $1.38 million). On July 2, another 3,635 SOL (worth about $556,000) flowed in from the exchange address. These transfers were included in the revenue calculations by DefiLlama, causing Pump.fun's income to exceed previous highs.
Excluding these internal fund transfers, Pump.fun's actual revenue would be around $600,000 on July 1 and approximately $663,000 on July 3, which does not represent a record-breaking increase. The figures suggest that the reported surge in revenue may be inflated due to the inclusion of internal fund transfers.