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Pump.fun reaches third-highest revenue rank across all blockchain networks
Pump.fun, a Solana-based launchpad for meme coins, has emerged as a major revenue generator in the decentralized exchange sector. Recent data indicates the protocol has reached the third-highest revenue rank across all blockchain networks, surpassing Hyperliquid in weekly revenue.
The platform facilitates the creation of new tokens through a bonding curve mechanism. The native PUMP token, which launched in July 2025 on the Solana network, is utilized by the platform to conduct buybacks using a portion of its generated revenue. This activity links the token's performance to the overall trading volume and engagement levels on the launchpad.