Overview
- Pump.fun reported $10.03 million in protocol fees for the week of Aug. 3–9 and used about $5.02 million to buy back and burn roughly 2.15 billion PUMP tokens.
- DefiLlama data shows Pump.fun generated $35.67 million in 30‑day revenue, ahead of Hyperliquid’s $32.46 million, and the platform’s reported cumulative revenue stands near $1.231 billion versus Hyperliquid’s $1.188 billion.
- Ecosystem trading volume hit $2.97 billion during the same week, the platform’s strongest weekly total since late January, and Pump.fun launched social trading on Aug. 7 with token callouts, zero‑fee trades, and cross‑chain USDC support.
- PUMP’s price rose about 33.8% over seven days to roughly $0.0028, giving it a circulating market cap near $1.1 billion while cumulative buybacks have removed about 15.7% of the token’s original supply.
- Near‑term downside risks include a scheduled unlock of roughly 6.875 billion PUMP around Aug. 12–14 (valued at about $19.2 million at current prices) and an unresolved U.S. federal lawsuit, Aguilar v. Baton Corporation Ltd., that alleges securities violations tied to tokens sold on the platform.