Pump.fun Just Turned $PUMP Into a Passive Income Token
Meme-fueled launchpad Pump.fun will begin distributing 100% of its daily protocol revenue to $PUMP holders. The funds will be redistributed using snapshot mechanics, rewarding committed holders while discouraging short-term flipping.
This marks a major utility milestone in the meme coin ecosystem. $PUMP isn't just a joke token anymore-holders now gain exposure to actual protocol revenue, potentially reshaping investor expectations across Solana-based assets.
$PUMP jumped 18.4% intraday following the announcement. Volume spiked by 54% in just a few hours, with most major Solana DEXs reporting increased interest from DeFi-native wallets.
By combining viral meme culture with on-chain yield mechanics, Pump.fun may set a new standard for how meme tokens create real economic value. If successful, this could spark a new wave of yield-bearing meme assets across Solana and beyond.