Pump.fun Revenue Tops $800M Amid Solana Memecoin Race

TheCryptoTimesPublished on 2025-08-20Last updated on 2025-08-20

The Solana-based meme coin launchpad, Pump.fun has crossed $800 million in lifetime fee, amid ongoing race over sustaining the leading meme coin launching platform. The platform reached $800,668,932 according to Dune data from onchain analyst Adam_tehc. This total reflects fees collected from token activity since its launch.

The platform charges a 1% fee on all token swaps. Before launching PumpSwap, its own decentralized exchange, the platform collected fees when tokens “graduated” from Pump to Raydium after reaching certain market levels. This method allowed Pump to benefit from early memecoin activity. 

PumpFun’s Contribution in Driving Meme Coins Trend

PumpFun drove the first major wave of Solana memecoins last year. It now faces pressure from a new rival, LetsBonk.fun. The platform launched in April 2025 and quickly grew users through Raydium’s LaunchLab. The Bonk community was also a key contributor in supporting the platform’s growth. 

LetsBonk briefly overtook PumpFun in the number of graduated tokens last month. Pump has since regained the lead. Crypto trader WazzCrypto said the change occurred because the top ten memecoin deployers on LetsBonk returned to PumpFun. Their return boosted activity and restored Pump’s position. 

PumpFun’s Revenue

As per data on DeFillama, PumpFun currently earns more than $1 million in revenue per day over the last 14 days. In contrast, LetsBonk’s daily revenue has dropped below $30,000. It had reached nearly $1 million earlier this month. This shows that early gains do not guarantee lasting success for new platforms.

Pump has taken steps to strengthen its position. Last month, it launched its native token in an initial coin offering (ICO), raising $600 million in 12 minutes. The team started a buyback program above market price to stabilize the token and maintain confidence among holders.

Solana faces wider competition from other networks. Base, backed by Coinbase, has become the most active memecoin platform recently. It recorded 57,970 new memecoins on Monday, compared with 32,760 on Solana. Memecoin activity is spreading beyond Solana, drawing more projects and users.

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