Our main goal with this update is to help alleviate the pressure that PVP places on ecosystem tokens and use that energy for good: help strengthen established coins even further.
We achieve this by encouraging beta plays to pair with the established runner, thereby funneling buy pressure and new holders to the main runner.
To make this update user-friendly, we had to make numerous innovations to our bonding curve and PumpSwap programs.
Most importantly, we’ve prevented users from being exposed to exorbitant fees that could put them far underwater immediately when they place a trade. We're the first major platform to bypass fees in multihop swaps.
We want to ensure that established communities get as much organic buy pressure as possible, which means reducing the fees that traders are exposed to and ensuring as much liquidity enters each token as possible. Reducing fees for traders also lengthens the average lifespan of a retail trader that’s still learning the ropes.
Our main goal with this update is to help alleviate the pressure that PVP places on ecosystem tokens and use that energy for good: help strengthen established coins even further.
We achieve this by encouraging beta plays to pair with the established runner, thereby funneling buy pressure and new holders to the main runner.
To make this update user-friendly, we had to make numerous innovations to our bonding curve and PumpSwap programs.
Most importantly, we’ve prevented users from being exposed to exorbitant fees that could put them far underwater immediately when they place a trade. We're the first major platform to bypass fees in multihop swaps.
We want to ensure that established communities get as much organic buy pressure as possible, which means reducing the fees that traders are exposed to and ensuring as much liquidity enters each token as possible. Reducing fees for traders also lengthens the average lifespan of a retail trader that’s still learning the ropes.
funny how the Pumpfun App FUD stops when the leaderboard has good holders up big...
special shoutout to @0GAntD and @sadcrissy for having the best wallets over the past week across all social trading apps!
funny how the Pumpfun App FUD stops when the leaderboard has good holders up big...
special shoutout to @0GAntD and @sadcrissy for having the best wallets over the past week across all social trading apps!
In the past 24 hours, over 140,000 Pumpfun users collectively benefitted from:
- $730,000 in Holder Rewards
- $330,000 in Callout Rewards
- $3,400,000 in Creator Fees
In time, Pumpfun will vastly outperform the social media industry in user payouts & rewards
another all time high hit!
last week, we had the most number of trades ever placed on the Pumpfun app
and a surprisingly high percentage of those were made by new users
I wonder what this looks like on the next leg up.
we've achieved ~500m impressions across paid ads, UGC & clipping since we began heavily ramping up just months ago
this is nowhere near our broader marketing targets, but it's a nice milestone to celebrate!
much much higher for the Pumpfun app & ecosystem as a whole.
did Pumpfun pay out $15,000,000 to the right traders?
we announced Callout Rewards 2 months ago as part of our vision to make Pumpfun the most rewarding trading platform.
however, Callout Rewards V1 inadvertently rewarded the wrong behavior, which led to low quality spam & a reluctance to produce quality content
we later updated the reward algorithm to favor quality over quantity, meaning the more you callout each day, the more diminished your returns are, similarly to other social media platforms
I'm confident that we're heading in the right direction with each iteration, but as with any incentive program as lucrative as this, there's a lot of work we need to do to incentivize quality content that's scalable to the masses.
so far, we've rewarded everyone from the biggest accounts to accounts with <10 followers. no favoritism, no preferential treatment. completely equal opportunities for all.
the alpha is this: focus on calling out good tokens > traders begin to trust your callouts > they trade based on your confluence > you get rewarded for volume attributed to your callout
spamming callouts will not work. dumping on followers will not work.
the best time to start was 2 months ago. the next best time is now.
We’re hiring for an important role on our marketing team: a Social Media & Content Lead to own pumpfun’s TikTok, Instagram and YouTube.
To onboard the next hundred million users to pumpfun, we need to meet people where they are, and that’s usually outside our small bubble on CT.
You should apply if you're terminally online, have your finger on the pulse of new trends, have great taste, have grown consumer brands before, and want to meaningfully contribute to pumpfun’s world domination.
You’ll own the creative direction, make content yourself, experiment constantly, and help turn social into one of our biggest growth channels.
In person (NYC) preferred but remote considered for exceptional candidates.
Apply with the link below.
We’re hiring for an important role on our marketing team: a Social Media & Content Lead to own pumpfun’s TikTok, Instagram and YouTube.
To onboard the next hundred million users to pumpfun, we need to meet people where they are, and that’s usually outside our small bubble on CT.
You should apply if you're terminally online, have your finger on the pulse of new trends, have great taste, have grown consumer brands before, and want to meaningfully contribute to pumpfun’s world domination.
You’ll own the creative direction, make content yourself, experiment constantly, and help turn social into one of our biggest growth channels.
In person (NYC) preferred but remote considered for exceptional candidates.
Apply with the link below.
I think it's time for us all to admit we kinda like memecoins and they'll kinda be around forever and more users will kinda perpetually join the ecosystem over the next 5-10 years and we're all kinda going to make it
many people have asked what our ultimate goals are for the Pumpfun app given the fact that it currently charges ~0% fees.
the stronger the Pumpfun app gets, the more we can leverage its growth to help tokens across the Pumpfun ecosystem. our goal is to give tokens launched on Pumpfun the most amount of distribution and eyeballs, a competitive advantage that no other launchpad has.
however, I want to be clear about how we use that advantage. we are never going to disadvantage any other eco or wall off access to the tokens users want to trade. ultimately, the Pumpfun App can only succeed if traders feel like they can win on *any* opportunity onchain, regardless if it's a token launched on the Pump launchpad, elsewhere on Solana, or on any other chain.
indeed, one of our top priorities is giving crosschain traders better fills, reliability & execution speed than any other trading venue.
aside from the fact that Pump is incentivized to make coins launched on the platform become successful, we're confident that Pumpfun coins are the safest, most battle-tested vessels for retail traders to speculate on. It’s a key reason why Pumpfun was the *only* venue with continued, concentrated activity throughout the recent bear market, and continues being the market leader in its 3rd year of existence.
additionally, Pumpfun charges the *lowest* post-bonding platform fees out of any other leading launchpad (0.05%), as well as a trust factor that's been growing ever-stronger since early 2024.
the ultimate goal is for every product we build to uplift the ecosystem it's built to serve, and grow the pie by giving retail traders the friendliest conditions to get started.
We're hiring a Head of Support for @TradingTerminal, plus additional support roles across the @Pumpfun app & launchpad.
We’re looking for someone with ambition who understands what it takes to provide world-class support to users.
As the Head of Terminal Support, you must be fast, hands-on, and own support end-to-end. You’ll be responsible for managing the support team, VIP partners & communicating feedback with engineers.
We’re also hiring for junior support roles for Pumpfun, all of which require a deep understanding of the market & the Pumpfun product suite. Apply below.
very bullish, although our actual all time high for volume was on sep 4 (~$82m) and was mostly crosschain volume
interestingly, yesterday’s ~$62m volume day was majority led by Solana, which means a couple of things:
1) Solana is still the most sticky onchain playground, even when other chains have their season
2) no matter where volume goes, Pumpfun users are at the forefront of opportunity with our crosschain support (including HyperEVM)
very bullish, although our actual all time high for volume was on sep 4 (~$82m) and was mostly crosschain volume
interestingly, yesterday’s ~$62m volume day was majority led by Solana, which means a couple of things:
1) Solana is still the most sticky onchain playground, even when other chains have their season
2) no matter where volume goes, Pumpfun users are at the forefront of opportunity with our crosschain support (including HyperEVM)
while our focus is memecoins, it's been great to see all the products launching on pumpfun in recent weeks
the quality of the products and level of talent is extremely refreshing and I'm confident that they'll be a core driver of the onchain golden era
pumpfun remains the best place for builders to bring products to market & access instant liquidity, and more importantly, attention
we'll be keeping an eye out for more experimentation in launchpads, agents, and defi that we're certain will lead to huge outcomes for all onchain participants.