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Pump.fun Becomes the First Platform on Solana to Achieve Cumulative Revenue of $10 Billion

2026-03-12 10:36

Odaily News Pump.fun has achieved cumulative revenue of approximately $1.08 billion since its launch in early 2024, becoming the first platform on the Solana blockchain to surpass $1 billion in revenue. According to DefiLlama data, the platform's revenue was $321.3 million in 2024, $664 million in 2025, and $98.3 million so far in 2026.

For comparison, the Solana ecosystem's decentralized exchange aggregator Jupiter has a cumulative revenue of $401.3 million since launch, while the automated market maker Raydium has a cumulative revenue of $126.9 million.

Pump.fun uses almost all of its protocol revenue for PUMP token buybacks. On March 11, the platform executed a buyback of approximately $1.25 million, accounting for 99.93% of the previous day's revenue. Since the buyback program began, the platform has cumulatively repurchased about $323.4 million worth of PUMP tokens, representing 28.8% of the circulating supply. Despite this, PUMP's current trading price remains below its initial issuance price of $0.004 and is still significantly lower than its all-time high of $0.0088.

Furthermore, public domain name records show that Pump.fun has established subdomains pointing to Ethereum, Base, BSC, and Monad, and the platform has also removed the Solana geographic identifier from its X account. Previously, Pump.fun added support for tokens created on platforms like Raydium and Meteora in its mobile application and acquired the cross-chain trading terminal Vyper.