Overview
- Pump.fun has repurchased roughly $59–$62 million of PUMP in August, including $10.66 million between August 20–26 that amounted to more than 99% of that week’s revenue.
- PUMP is trading around $0.0035, up about 17% on the week and roughly 30–40% over the month, though still about 50% below its July debut.
- Market gauges show a rebound, with market capitalization back above $1.29 billion and 24‑hour trading volume exceeding $335 million.
- Platform activity has rebounded as well, with about 62% sector revenue share and roughly 38,000 daily users, and separate data pointing to 73% of launchpad volume over the past week on $4.5 billion in trades.
- Fee income — reported at about $734 million over the past year and above $775 million in lifetime totals — is funding the buybacks, yet reports flag sustainability concerns, concentrated holdings, and a $5.5 billion class‑action lawsuit.