Pump.fun generates $18.6 million in weekly revenue despite memecoin declines

The Solana-based crypto launch platform Pump.fun generated $18.64 million in protocol revenue over a seven-day period ending October 9, 2026. This revenue is driven by transaction fees collected on every exchange, regardless of whether the underlying asset increases or decreases in value. The platform reportedly retains approximately 36% of the total fees paid by traders.

This profitability occurs despite significant volatility and losses within the memecoin market. A study by Coin Metrics revealed that 81% of 150 analyzed memecoins have lost at least 90% of their value from their peak.

Data also indicates high concentration among top users; 25 of the most active addresses on Pump.fun were responsible for launching 770,000 memecoins and extracting an estimated $128 million from the market. While a small fraction of tokens achieve high market capitalization, the platform continues to see rising fee volumes.