---
title: "Pump.fun finds revenue behind meme coin-centric platform launch"
url: https://diffcoin.com/pump-fun-finds-revenue-behind-meme-coin-centric-platform-launch/
description: "Pump.fun, a meme coin creation and trading platform, has reported a staggering revenue of $5.2 million in just 38 days."
published: 2024-04-08
updated: 2024-04-08
author: "Mila"
site: "Diffcoin"
---

# Pump.fun finds revenue behind meme coin-centric platform launch

Pump.fun, a meme coin creation and trading platform, has reported a staggering revenue of $5.2 million in just 38 days.

According to DefiLlama, the platform generated $528,000 in fees yesterday alone. Initially rolled out for Solana (SOL) tokens in January, the platform broadened its horizon by integrating support for the Ethereum Layer 2 network, Blast, the following month.

Pump.fun has quickly become a hot topic among the crypto meme coin community. The platform allows virtually anyone to create and launch a new token that is instantly tradable, without seed liquidity, and costs less than $2.

The platform also aims to prevent rugpulls, a common scam in the crypto world.

“Each coin on Pump is a fair-launch with no presale and no team allocation,” the platform asserts.

![Pump.fun finds revenue behind meme coin-centric platform launch - 1](https://crypto.news/app/uploads/2024/04/Screenshot_8-4-2024_123217_defillama.com_-1024x255.jpeg)

Daily chart of fees and revenue for Pump.fun from DefiLlama

The process of creating a token on Pump.fun is straightforward. Deployers select a name, ticker, and image. Creators can immediately start trading on a bonding curve—a mathematical model that determines the price of a token based on its supply, usually increasing as more tokens are bought.

When a token’s market capitalization hits a predetermined threshold, liquidity is deposited to a decentralized exchange and burned, enhancing stability and trust in the newly launched tokens.

The unique approach offers a stark alternative to traditional token launches, often fraught with high costs, complexity, and risks, including susceptibility to scams during presales.

> So far, I’ve launched 182 [@pumpdotfun](https://twitter.com/pumpdotfun?ref_src=twsrc%5Etfw) coins.
> 
> About 37 have made it to raydium.
> 
> I’ve only made $642,000
> 
> It’s not as easy as people think.
> 
> — Sarto (@Sartoshi0x) [April 7, 2024](https://twitter.com/Sartoshi0x/status/1776891604998988053?ref_src=twsrc%5Etfw)

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