Pump.Fun, a memecoin exchange on the Solana chain, announced a major milestone in X-Space with the launch of an advanced trading terminal called "pump advanced" and hinted at issuing its own token in the future. Designed for experienced users, this new trading terminal provides a number of features including chart display, major holder statistics, advanced filtering functions and real-time trading threads, aiming to meet the needs of Pump.Fun's core users. In addition, users can log in to the terminal using a non-custodial wallet through the Privy authentication platform. In order to attract users, Pump.Fun announced that it will not charge any transaction fees in the first 30 days after the launch of the platform, and the subsequent fee structure will be announced separately.

The Pump.Fun team also emphasized their reward program for early users and stated that all current revenue has been reinvested in the development of the platform. Their goal is to build Pump.Fun into a platform that surpasses Binance. According to The Block, Pump.Fun's daily revenue on some days this month has approached or exceeded $1 million. As of the end of August, the platform's cumulative fees have reached $100 million. Recently, thanks to the memecoin Moo Deng, the usage of Pump.Fun has surged again.