Contents
TL;DR Summary
- Native token of pump.fun, the dominant memecoin launchpad on Solana that lets anyone create and launch tokens in minutes without coding
- Launched July 12, 2025 through a $1.3 billion token sale ($600M public, $700M private), with the public ICO selling out in 12 minutes
- Total supply of 1 trillion PUMP tokens with allocations: 33% ICO, 24% community, 20% team, 13% existing investors, and remainder split across foundation, ecosystem, livestreaming, and liquidity
- Listed on all major exchanges including Binance, Coinbase, Kraken, Bybit, KuCoin, Gate.io, MEXC, and Bitget
- Token provides fee discounts on the pump.fun platform, governance rights, and participation in community initiatives
- Pump.fun platform has processed millions of token launches since its inception in January 2024, becoming the go-to launchpad for Solana memecoins
What is Pump?
Pump (PUMP) Tokenomics
The History of Pump
Pump.fun launched in January 2024 as a simple web application that let anyone create a Solana SPL token without any technical knowledge. The platform arrived at the right time: Solana was experiencing a resurgence in activity and memecoins were becoming the dominant narrative in the ecosystem. Within weeks, pump.fun became the primary venue for launching new memecoins on Solana.
The platform's bonding curve mechanism was key to its success. Instead of requiring creators to seed liquidity pools manually, pump.fun automated the entire process. New tokens started on an internal bonding curve where the price increased as more people bought in. Once the curve reached a threshold (roughly $69,000 in liquidity), the token and its liquidity were automatically migrated to Raydium, making it accessible to the broader Solana DeFi ecosystem.
By mid-2025, pump.fun had processed millions of token launches and generated hundreds of millions in revenue from trading fees. The platform had become so central to Solana culture that it essentially defined the memecoin meta for the entire blockchain. Notable launches from the platform included tokens that went on to reach market caps in the hundreds of millions.
On July 12, 2025, pump.fun launched its native PUMP token through a massive ICO that raised $1.3 billion. The public sale offered 125 billion tokens at $0.004 each and sold out in just 12 minutes. The token quickly listed on major exchanges including Kraken, KuCoin, Bybit, and MEXC at launch, with Binance adding the token in September 2025 and Coinbase following shortly after. The all-time high of approximately $0.012 was reached near launch day.
Pump Community & Culture
The pump.fun community exists at the intersection of degenerate trading culture and Solana maximalism. The platform spawned its own vernacular: "bonding" (buying on the curve), "graduating" (when a token migrates to Raydium), and "rugging" became everyday terms. The culture is fast-paced and unapologetically speculative, with traders cycling through dozens of new tokens daily looking for the next breakout. Livestreaming token launches became a phenomenon, with creators broadcasting their launches in real-time to build hype. The community treats pump.fun less like a traditional crypto project and more like a cultural platform, similar to how TikTok functions for content. Memes, speed, and narrative are everything. The PUMP token itself represents a meta-bet on this culture continuing to thrive.
Market Performance of Pump (PUMP)
How to Buy PUMP
Buying PUMP is straightforward since it's listed on most major centralized exchanges. You can purchase it on Binance, Coinbase, Kraken, Bybit, KuCoin, Gate.io, MEXC, and Bitget by creating an account, depositing funds, and trading for PUMP directly. Most exchanges offer PUMP/USDT trading pairs, and some offer additional pairs. On the decentralized side, PUMP is available on Solana DEXs like Jupiter and Raydium. You'll need a Solana wallet like Phantom or Solflare with some SOL for transaction fees. Connect your wallet to the DEX, search for PUMP, and swap SOL or USDC for it. You can also buy directly through the pump.fun platform itself. For all methods, verify the contract address pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn on Solscan to ensure you're trading the authentic token.
USD to PUMP Calculator
How to Store PUMP
Since PUMP is a Solana SPL token, you'll need a wallet that supports Solana tokens. Popular options include Phantom, Solflare, and Trust Wallet for software wallets, while Ledger provides hardware wallet support for Solana tokens. Many traders keep PUMP on exchanges for active trading, while longer-term holders move to self-custody wallets. Always verify the official contract address: pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn.
Risks & Considerations
- Platform revenue depends on continued memecoin trading activity which is cyclical
- Regulatory risk as token launchpads face increasing scrutiny worldwide
- Large portion of supply remains locked with future unlock schedules that could create sell pressure
- Competition from other launchpad platforms on Solana and other chains
- Dependence on Solana network health and performance
- High volatility as a recently launched token with evolving price discovery
How does Pump compare to other meme coins?
| Coin | Price | Market Cap | Supply | Key Features |
|---|---|---|---|---|
Future of Pump
Pump.fun's future is closely tied to the continued growth of the Solana memecoin ecosystem. As the dominant launchpad, the platform benefits from a strong network effect: more creators launch tokens on pump.fun because that's where the traders are, and more traders come because that's where the new tokens launch. This flywheel effect has proven durable through multiple market cycles since the platform's launch.
Key potential developments include expansion of the platform's features beyond simple token launches, deeper DeFi integrations, and the growth of governance utility for PUMP holders. The livestreaming feature introduced before the token launch added a social dimension that competitors haven't replicated. If pump.fun can continue evolving from a simple launchpad into a broader social trading platform, the PUMP token could capture more value.
However, the project faces real risks. Memecoin trading activity is highly cyclical, and a prolonged bear market could significantly reduce platform revenue and interest in the PUMP token. Regulatory pressure on token launchpads is increasing globally, and pump.fun's model of enabling anyone to create tokens has drawn criticism for facilitating scams and rug pulls. The locked token supply also creates uncertainty about future sell pressure as vesting schedules unlock.
The PUMP token represents a bet on infrastructure rather than any individual meme. If Solana remains a major venue for memecoin activity and pump.fun maintains its dominant position, the token could appreciate as the platform grows. But if the market shifts away from Solana memecoins or competitors erode pump.fun's market share, the token's value proposition weakens considerably.