41.8% of Circulating Supply Burned, Pump.fun Weekly Protocol Revenue Hits $7.2 Million

According to Sapijiju on X, pump.fun released its first official weekly report. From June 29 to July 5, the combined protocol fees from Bonding Curve, PumpSwap, and Terminal amounted to $7.2 million, with 50% of net fees used for PUMP repurchase and burning. Over the past 7 days, approximately $3.7 million worth of PUMP was repurchased and burned, bringing the total burned to 41.8% of the circulating supply.

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