Overview
- Pump.fun, which burned about $370 million in two on-chain transactions Tuesday, removed roughly 36% of PUMP’s circulating supply.
- For the next year, 50% of net revenue from its Bonding Curve, PumpSwap, and Terminal products will flow into a locked smart contract that auto-buys PUMP and immediately burns it to provide on-chain transparency and rebuild trust.
- The remaining 50% of revenue will fund operations, hiring, marketing, and potential acquisitions to support long-term growth after nine months of using 100% of revenue for buybacks.
- PUMP jumped more than 10% on the announcement before easing, with reports showing a daily gain of roughly 3%–8% near $0.00184.
- Pump.fun reports more than $1 billion in cumulative revenue since January 2024, though DefiLlama shows 2026 revenue running below 2025 peaks, which could limit future burn sizes unless demand picks up.