A cumulative 41.8% of the circulating supply has been burned, with pump.fun's weekly protocol fees reaching $7.2 million

Odaily reported that 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 amounted to $7.2 million, of which 50% of the net fees were used for PUMP buybacks and burns. Over the past 7 days, approximately $3.7 million worth of PUMP was bought back and burned. Currently, a cumulative total of 41.8% of the circulating supply has been burned.

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