Pump.fun hits $800 million lifetime revenue in Solana memecoin race

Pump.fun has crossed $800 million in lifetime revenue as of August 20, 2025. The Solana memecoin platform reached the milestone while facing increased competition from rival launchpads targeting creators and traders.

Competition among Solana launchpads has intensified in recent weeks. Platforms like LetsBonk and Bags have launched creator incentives and liquidity programs to attract users. Market share shifts between platforms on a daily basis as traders move between different services.

On throughput, Pump.fun’s scale is visible on-chain: more than 12 million tokens have been created via the platform since launch, according to research. Jupiter data shows roughly $13 billion in trades over the last 30 days versus about $14 billion on LetsBonk and $1 billion on Bags as of mid-August 2025. 

The revenue figure places Pump.fun among the highest-earning consumer crypto applications. The platform benefits from Solana’s low transaction costs and fast settlement times, which enable high-frequency memecoin trading activity.

The platform launched in January 2024 and generates revenue through multiple fee structures. Pump.fun charges 1% on all buy and sell transactions, while tokens trade on its bonding curve system. When tokens reach certain trading volumes, they graduate to PumpSwap with a 0.015 SOL graduation fee. After graduation, trades on PumpSwap carry a 0.3% fee.

The platform’s success comes from its simplified token creation and trading process. Creators can launch new tokens and access immediate liquidity through standardized bonding curves. Traders can speculate on early price movements before tokens graduate to larger liquidity pools. 

Pump.fun lost some activity during the summer of 2025 but has regained users in recent weeks. The rapid changes show how quickly retail attention and trading volume rotate between competing platforms in the memecoin sector.

Now all platforms are working to improve liquidity depth after token graduation, expand creator incentive programs, and develop better tools to prevent scam tokens and exploit-prone contracts.