What is Pump.fun (PUMP)

I. Project Introduction

1. What Is Pump.fun?

Launched in January 2024, Pump.fun (PUMP) is a platform dedicated to fair launches of Solana memecoins. The platform allows token issuers to create and launch entirely new crypto assets themed on various memes in a convenient, flexible and free manner. Memecoins cover broad themes, ranging from politics, animals, popular cartoon characters to viral internet memes, etc.

2. How Does Pump.fun Work?

The core “fair launch” mechanism of Pump.fun takes technical measures to prevent token issuers from reserving tokens or engaging in other fraudulent behaviors, thereby effectively reducing common risks like “rug pulls". The platform uses a bonding curve pricing model that gives significant advantages to early participants: the earlier one buys, the lower the cost, creating an investment environment that rewards early discoverers.

Once a token has matured and its market capitalization reaches $69,000, it automatically migrates to the Solana decentralized exchange Raydium, gaining deeper liquidity and broader trading exposure. The platform was initially built on the Solana blockchain and has since successfully expanded to multiple chains including Blast and Base.

3. Who Founded Pump.fun?

Alon: Co-founder of Pump.fun (Twitter: @a1lon9);

Sapijiju: Co-founder of Pump.fun (Twitter: @sapijiju).

4. PUMP Tokenomics

The maximum supply of PUMP is 1 trillion tokens, allocated as follows:

*33% sold in the initial token offering

*24% allocated to the community and ecosystem incentives

*20% allocated to the team

*2.4% for the ecosystem fund

*2% allocated to the foundation

*13% allocated to existing investors

*3% allocated to livestreaming

*2.6% used for liquidity + exchanges

5. Timeline of Key Milestones

In January 2024, Pump.fun was launched on Solana.

In April 2024, Pump.fun announced integration with the Blast network.

In May 2024, Pump.fun announced integration with the Base network.

In February 2025, Pump.fun launched a mobile application.

In March 2025, Pump.fun announced the launch of PumpSwap.

In July 2025, PUMP token was officially launched.

In September 2025, Binance listed Pump.fun (PUMP) and applied a seed tag.​

II. Token Information

III. Related Links