Pump.fun hits $10M weekly fee milestone amid upcoming token unlock

Solana-based memecoin launchpad Pump.fun has reached a significant milestone, with weekly protocol fees exceeding $10 million for the first time. Between August 3 and August 9, the platform generated $10.03 million in fees, representing a 12% increase from the previous week. The platform's 30-day revenue reached $35.67 million, surpassing Hyperliquid's $32.46 million during the same period.

Despite this revenue growth and a 33.8% increase in the PUMP token price over seven days, the platform faces an upcoming token unlock. Between August 12 and August 14, 2026, approximately 6.875 billion PUMP tokens are scheduled to be released to the development team and early investors. This unlock is valued between $10 million and $16 million at current market prices.

Pump.fun has recently adjusted its revenue allocation policy. Previously focused heavily on buybacks and burns to create deflationary pressure, the platform now utilizes a 50/50 split, directing half of net revenue toward operational needs and the other half toward token buybacks and burns.