Overview
- From Aug. 4–17, Blockworks data shows Pump.fun captured 62% of launchpad revenue on Solana (about $16.7 million) and 55.6% of trading volume (roughly $1.4 billion).
- Dune dashboards cited in multiple reports put Pump.fun’s lifetime fees at roughly $800 million, driven primarily by its 1% swap fee on trades.
- On-chain trackers show the platform has executed frequent PUMP buybacks in August, reportedly exceeding $1 million on most days since Aug. 7, which analysts say helped lure top deployers back.
- Rival LetsBonk.fun’s metrics collapsed in August, with daily fees sliding from about $1 million to roughly $24,000 and volume dropping from about $114 million to $2 million, alongside a steep fall in token graduations.
- Coverage diverges on the size of Pump.fun’s recent token sale, with reports describing a $600 million ICO completed in minutes and others citing a $1 billion presale, underscoring disputed figures as Base ramps cross-chain memecoin competition.