Cumulative destruction of 41.8% of circulating supply, pump.fun weekly protocol fees reach $7.2 million

Odaily Planet Daily News, Sapijiju posted on platform X, stating that pump.fun has released its first official weekly report. From June 29 to July 5, the combined protocol fees from Bonding Curve, PumpSwap, and Terminal totaled $7.2 million. 50% of the net fees are used for PUMP buybacks and burns. Over the past 7 days, approximately $3.7 million worth of PUMP was bought back and burned. Currently, 41.8% of the total circulating supply has been cumulatively burned.

Weekly Bonding Curve trading volume reached $553 million, and PumpSwap trading volume reached $1.65 billion. The previously launched Tokenized Agent launch option has been removed based on community feedback. The new Swap service on the Pump App has gone live, reducing transaction speed from 1-2 seconds to 300-400 milliseconds. After the low-KYC deposit channel was launched, the platform's daily average deposit transaction volume increased by approximately 21%. Terminal has introduced an offline token marking feature, reducing the JS package size by 35%. The search function now includes live viewer count, wallet filtering, and OG filtering. Since GO's launch, related posts have garnered over 18 million views. Approximately 3,000 bounty tasks have been created, receiving 18,000 submissions, with cumulative rewards paid exceeding $600,000.