Pump.fun hit $800.6 million in revenue from its 1% fee, solidifying its dominance in Solana-based token trading.
The platform accounted for 91% of all daily token launches, while LetsBonk dropped to just 3% participation.
Pump.fun now leads in users, transactions, revenue, and token activity, supported by strategic buybacks and liquidity initiatives.
Pump.fun has crossed the $800 million mark in lifetime revenue, reinforcing its dominance over LetsBonk in the Solana-based token ecosystem. On-chain data from Dune Analytics confirms that Pump.fun has collected $800.6 million primarily through its 1% swap fee. The milestone follows a recent $33 million buyback of PUMP tokens aimed at reducing supply and boosting token price.
Earlier in July, Let's LetsBonk temporarily overtook Pump.fun in token launches, accounting for nearly 74% of daily listings. Pump. Fun’s daily revenue dropped to $169,000 during that period. However, by early August, Pump.fun had regained its lead, generating $1.35 million per day while LetsBonk fell to $250,000.
Token launches and trading volumes show a dominance shift
Pump.fun currently accounts for 91% of daily token launches on decentralized exchanges, while LetsBonk has dropped to 3%. The number of tokens launched on Pump.fun now totals 24,911, with a graduation rate of 0.84%. In contrast, LetsBonk has seen only 442 token launches, despite a higher graduation rate of 2.26%. Daily trading volume on Pump.fun approached $100 million.
https://twitter.com/SolanaFloor/status/1957703030431785194
Recent figures show that Pump.fun has over 38,000 active users and has processed 548,834 transactions. LetsBonk, in comparison, maintains only 633 active users and 33,716 transactions. The data reflects a sharp contrast in adoption, favoring Pump.fun’s growing ecosystem.
New programs strengthen Pump.fun’s ecosystem
To further reduce launch failure rates, Pump.fun introduced the Glass Full Foundation (GFF). This initiative supports selected projects with added liquidity, which has encouraged developers to migrate from LetsBonk. The buyback and support programs have contributed to confidence in the platform's long-term direction.
In response, LetsBonk implemented a new rewards mechanism and pledged 1% of its revenue to buy back BONK ecosystem tokens. The strategy aims to narrow the gap in activity and participation.
Both platforms remain central to Solana’s memecoin ecosystem. While innovation and incentives continue to drive growth, Pump.fun’s recent performance underscores a significant shift in user preference and platform engagement.
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