Pump.fun (PUMP)

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Overview

Pump.fun is a Solana-based launchpad that lets anyone spin up a new token in minutes and start trading it right away. The platform combines simple creation tools, a built‑in trading flow, and social features like livestreams to help coins get attention. In mid‑2025, the team introduced the PUMP token as the native asset for the broader Pump.fun ecosystem. On tokenradar.ai, you’ll see a dynamic PUMP price chart, while this page focuses on evergreen details like how the platform works, Pump.fun tokenomics, and where PUMP fits in the growing “creator coin” trend. Pump.fun operates on the Solana network—so when people say “Pump.fun blockchain,” they’re referring to activity settled by Solana smart contracts and Pump.fun’s own on‑chain components, including its native DEX called PumpSwap. (cointelegraph.com)

What makes Pump.fun different

• One-click coin creation with a fixed supply template that avoids custom contract code.
• A bonding‑curve style launch flow, followed by instant migration to PumpSwap “canonical” pools when a coin “graduates.”
• Low, transparent fees and a creator‑revenue share that turned Pump.fun into a hub for memecoin launches on Solana. (pump.fun)

History & Team

Pump.fun went live on January 19, 2024, after its domain was registered in September 2023. Public reporting and company materials identify three English cofounders: Alon Cohen (often public‑facing as “alon”), Dylan Kerler, and Noah Tweedale. The trio framed Pump.fun as a way to standardize token launches and make them safer and simpler for creators and communities. Over 2024–2025, the platform exploded in usage and evolved from a bare‑bones launchpad into a social‑trading app with livestreams and an in‑house DEX. (en.wikipedia.org)

Pump.fun’s livestreaming feature debuted in 2024, paused in November 2024 amid moderation concerns, then relaunched on April 11, 2025 with published rules and stronger enforcement. The company describes the livestream policy as a “living document” with clear bans on violence, sexual exploitation, and incitement. (cryptoslate.com)

In July 2025, Pump.fun formally announced and launched its native PUMP token via an ICO aimed at powering a larger social‑crypto platform vision. Leading industry outlets covered the token launch and allocation details, which we summarize in Tokenomics & Utility below. (blockworks.co)

Technology & How It Works

Pump.fun smart contracts run on Solana and follow a standard template, which keeps creation simple and helps limit malicious contract tricks. Coins begin trading along a bonding curve inside the Pump.fun app. When they “graduate,” liquidity moves into a PumpSwap “canonical pool” so trading can continue like on any AMM. In March 2025, Pump.fun replaced the old external migration path (to Raydium) with its own DEX, PumpSwap, to make this transition instant and to keep liquidity in‑house. PumpSwap is modeled after popular AMM designs (Uniswap v2/Raydium v4), so it’s familiar to Solana users. (cointelegraph.com)

Fees and creator share

• Creating a coin: 0 SOL. Graduating to PumpSwap: a fixed 0.015 SOL taken from the coin’s liquidity (users don’t pay it separately). (pump.fun)
• Bonding‑curve trading fees: 1.25% total, split between a creator fee and a Pump.fun protocol fee.
• PumpSwap fees: tiered by market cap, with “canonical pools” paying a small protocol fee plus LP and creator components.
• Pump.fun added an ongoing creator‑fee share for coins on or after May 13, 2025. (pump.fun)

Pump.fun also standardizes token supply and mechanics for launches. For fees and display purposes, market cap on PumpSwap is calculated using a fixed 1 billion token supply per coin template, which keeps price math consistent across thousands of launches. (pump.fun)

Social layer and livestreams

Livestreams add a social discovery layer on top of trading. Creators can pitch their token live while viewers chat and trade. After issues in late 2024, Pump.fun reintroduced streaming on April 11, 2025 with posted moderation rules, age restrictions (18+), and defined enforcement, positioning the feature as a key part of its social‑crypto vision. (cryptoslate.com)

Tokenomics & Utility

The PUMP token is the native asset of the Pump.fun ecosystem. The July 12, 2025 ICO was widely covered and included both a private and public tranche at the same sale price. Across public reporting, the headline structure is consistent: 1 trillion total supply; 33% sold in the ICO; of that, 18% went to private sale participants and 15% to the public. The team and community received large, clearly defined allocations, and small percentages were earmarked for liquidity and ecosystem initiatives. (coindesk.com)

High‑level distribution (as reported)

• Total supply: 1,000,000,000,000 PUMP.
• ICO: 33% (18% private, 15% public).
• Team: 20%.
• Community and ecosystem initiatives: 24%.
• Existing investors: 13%.
• Liquidity and other funds (foundation, livestream incentives, ecosystem fund): small single‑digit percentages combined. Some outlets cite 2.6% for liquidity and small carve‑outs like a 2% foundation and 2.4% ecosystem fund. (coindesk.com)

Note: The ICO was not offered to U.S. or U.K. persons, and participating venues included PumpSwap and several launch‑partner exchanges, per the official announcement. (blockworks.co)

What PUMP is for

Pump.fun positions PUMP as the utility token of its platform. While live price moves are shown in tokenradar’s dynamic chart, the long‑term pitch is that PUMP aligns creators, traders, and the platform’s social features under one asset—tying together fees, incentives, and future product modules. In short, “PUMP token” sits at the center of Pump.fun tokenomics, while individual creator coins still launch and trade through the standard bonding‑curve → PumpSwap flow. (blockworks.co)

Ecosystem & Use Cases

Pump.fun made it trivial to launch a coin that is instantly tradable without separate liquidity bootstrapping. That convenience attracted creators, streamers, artists, and small online communities looking to experiment with on‑chain culture. In practice, many creators use Pump.fun for:

• Community tokens tied to Discords, Telegram groups, or livestream shows.
• Social‑driven coin drops that blend content with on‑chain engagement.
• Extensions into Pump.fun DeFi, NFTs, gaming—third‑party projects often connect their Pump.fun‑launched tokens to staking dashboards, NFT mints, or simple mini‑games to keep holders engaged. Examples range from Telegram games that reward holders to small NFT drops tied to meme communities. (pumpshie.fun)

Because PumpSwap is native and integrated, Pump.fun coins can move from discovery to trading to community building inside one environment. This “creator stack” is one reason the platform became a major funnel for new Solana tokens. (cointelegraph.com)

Advantages & Challenges

Advantages

• Fast, low‑friction launches: anyone can create a token and list it in minutes, paying 0 SOL to create and a small fixed fee on graduation. (pump.fun)
• Standardized token templates reduce custom code risk and make it easier for wallets and explorers to support new coins. (wired.com)
• Native DEX integration: instant “graduation” to PumpSwap keeps liquidity in one place and avoids messy external migrations. (cointelegraph.com)
• Creator revenue share: the fee design pays creators on every trade after May 13, 2025, supporting ongoing project activity. (pump.fun)

Challenges

• Content moderation: livestreaming drew headlines and pushback in 2024–2025. Pump.fun responded with stricter policies and full relaunch in April 2025, but moderation at scale remains an ongoing task. (cryptoslate.com)
• Regulatory scrutiny: the U.K. FCA warned about Pump.fun in December 2024, and U.S. class actions in 2025 test how courts view Pump.fun’s role. See Regulatory & Compliance for more details. (fca.org.uk)
• Signal vs. noise: with thousands of launches, attention is scarce; most coins fade quickly while a few capture crowds. The Pump.fun design optimizes for experimentation, not long‑term fundamentals. (wired.com)

Where to Buy & Wallets

If you’re researching where to buy PUMP, there are two common paths:

• On‑chain: PumpSwap, the native Pump.fun DEX on Solana. You connect a Solana wallet (for example, Phantom, Solflare, or a Ledger‑backed wallet) and trade PUMP/SOL pairs directly. Because PumpSwap is integrated into the Pump.fun interface, it’s the most direct route for on‑chain activity. (cointelegraph.com)
• Centralized exchanges: the team announced launch partners such as Kraken, KuCoin, Bybit, Bitget, Gate, and MEXC around the ICO. Availability can vary by region and venue. (blockworks.co)

Most Solana wallets support SPL tokens like PUMP and integrate with popular explorers. If you’re exploring the ecosystem on Solana, Phantom and Solflare are widely used and support connecting to dapps like PumpSwap. Tokenradar.ai will display the live PUMP price separately from this article. (cointelegraph.com)

Regulatory & Compliance

Pump.fun regulatory status has been a major storyline since late 2024:

• United Kingdom: On December 3, 2024, the Financial Conduct Authority placed “Pump.fun” on its Warning List as an unauthorised firm. Soon after, Pump.fun restricted access to U.K. users. (fca.org.uk)
• United States: In January 2025, class‑action complaints filed in the Southern District of New York alleged that Pump.fun facilitated unregistered securities sales (initially focused on a token called PNUT). In July 2025, those cases were consolidated and expanded with additional claims and defendants. These cases remain active and illustrate the evolving U.S. regulatory landscape for token‑launch platforms. (wolfpopper.com)

Halal and shariah considerations

Pump.fun halal? Based on common guidance in Islamic finance, organized “pump and dump” behavior and price deception are viewed as non‑compliant. Community consensus among many scholars and halal investor forums is that such practices are haram. At this time, there is no widely recognized certification declaring the PUMP token shariah compliant. As a result, Pump.fun halal assessments often say “No,” and classify PUMP as not shariah‑compliant given the platform’s speculative, meme‑driven use and the prevalence of short‑term trading behaviors. (lemonde.fr)

Practical takeaway for jurisdictions

“Pump.fun regulatory status” depends on where you live. The platform publishes Terms, Privacy, and Fees pages and operates on Solana with its own DEX (PumpSwap). However, access and offerings (including the PUMP ICO) excluded certain markets like the U.S. and U.K., and local rules can affect availability over time. Always check the latest official notices and platform documentation for eligibility and regional access. (pump.fun)

Future Outlook

Pump.fun is pushing toward a social‑crypto superapp: creator tokens, livestream commerce, and a native DEX that keeps liquidity and discovery under one roof. The move from Raydium to PumpSwap in March 2025 tightened the feedback loop between creation and trading and signaled that Pump.fun wants to own more of the stack—fees, routing, analytics, and incentives. For builders, this is a rich sandbox: launch a coin, build a small brand, and experiment with content and community rewards. For users, the appeal is the same: fun, fast, and on‑chain. (cointelegraph.com)

As the PUMP token matures, expect more tie‑ins between platform fees, creator programs, and social features. The ICO’s structure—splitting allocations among public, private, team, and community—suggests room for future initiatives that could map attention, engagement, or streaming activity to PUMP‑based incentives. The bigger question is how this “attention marketplace” model blends with mainstream app UX and regulatory requirements across regions. Leading tech media have already tracked Pump.fun’s rapid growth and ambition to merge social content with trading; the next phase will test whether that vision scales globally within local rules. (wired.com)

Summary

Pump.fun turned the idea of “make a coin for your community” into a one‑click experience on Solana and backed it with a native DEX, PumpSwap. The PUMP token anchors Pump.fun tokenomics and sits at the center of fees, incentives, and future social features. Creators get rapid launches and a built‑in audience; traders get instant access to new coins; and the broader ecosystem experiments with Pump.fun DeFi, NFTs, and gaming tie‑ins. At the same time, regulators are watching closely, and faith‑based screens often view the model as not halal, meaning PUMP is generally not considered shariah compliant. If you’re researching where to buy PUMP, you’ll typically look at PumpSwap and the announced exchange partners, while tokenradar.ai will surface the live PUMP price separately. Altogether, Pump.fun remains one of Solana’s most influential social‑token platforms—fast‑moving, highly creative, and central to the memecoin conversation. (blockworks.co)