Pump.fun

PUMP

Bonk

Memecoin

<p class="is-style-lead">Memecoin launchpad Pump.fun saw a more than 90% decline in revenue amid a collapse in its market share.</p> 
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   <li>Pump.fun revenue dropped more than 90%.</li> 
   <li>Bonk-powered LetsBonk dominates memecoin launchpads.</li> 
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<p>Solana-based <a href="https://crypto.news/price/solana/" target="_blank">(SOL)</a> memecoin launchpad Pump.fun <a href="https://crypto.news/price/pump-fun/" target="_blank">(PUMP)</a> is rapidly losing its dominant position in the memecoin launchpad space. On Friday, August 1, the price of the PUMP token dropped 15%, from $0.00309 to a daily low of $0.002495, before rebounding to $0.0028. While the drop coincides with a broader market decline, it also reflects Pump.fun’s falling revenues and shrinking market share.</p> 
<p>Notably, Pump.fun’s daily fees stood at $316,000 on August 1. On July 28, revenue hit <a href="https://crypto.news/is-pump-funs-run-over-revenue-crashes-to-10-month-low-as-struggles-mount/" target="_blank">a 10-month low</a> at $307, according to DeFiLlama. This marks a 95% decline from the all-time high in daily revenue of $7 billion on January 23.</p> 
<figure class="wp-block-image size-full">
 <img loading="lazy" decoding="async" width="1980" height="601" src="https://crypto.news/app/uploads/2025/08/image.png" alt="Daily fees on Pump.fun" class="wp-image-14402019">
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  Daily fees on Pump.fun | Source: DeFiLlama
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<p>At the same time, Pump.fun experienced a significant drop in market share. In late July, its revenue share plummeted from 88% to just 19%, while LetsBonk’s dominance surged from 25% to about 78%. Pump.fun is also losing ground in the number of daily memecoin launches, with LetsBonk now leading the category.</p> 
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 <img loading="lazy" decoding="async" width="2696" height="1004" src="https://crypto.news/app/uploads/2025/08/image-1.png" alt="Memecoins deployed by the memecoin launchpad platform" class="wp-image-14402020">
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  Memecoins deployed by the memecoin launchpad platform | Source: <a href="https://x.com/zone6danny/status/1950550109869011440" target="_blank">X</a>
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<p> You might also like: <a href="https://crypto.news/pump-funs-1-32b-token-launch-draws-criticism-over-utility-and-liquidity-risks/"> Pump.fun’s $1.32B token launch draws criticism over utility and liquidity risks </a> </p> 
<h2 class="wp-block-heading" id="pump-fun-is-increasingly-losing-out-to-bonk">Pump.fun is increasingly losing out to Bonk</h2> 
<p>Pump.fun’s revenue share has declined despite recent efforts to expand its ecosystem and incentivize creators. In May, Pump.fun introduced a <a href="https://crypto.news/pump-fun-introduces-50-revenue-sharing-for-memecoin-creators/" target="_blank">50% revenue share</a> model, allowing creators to earn a portion of trading fees generated on the platform. On March 20, Pump.fun also launched its own decentralized exchange, PumpSwap, to capture additional fee revenue.</p> 
<p>LetsBonk is a Solana-based memecoin launchpad created by the team behind the Bonk memecoin. Bonk is one of the largest memecoins on the Solana network, supported by a strong community. Since its launch in April, LetsBonk has offered a 60% revenue share and distributed fees to BONK token holders.</p> 
<p> Read more: <a href="https://crypto.news/pumpfun-last-exit-pump-summer-most-hyped-troubling-ico/"> ‘One Last Exit Pump?’ A look at the summer’s most hyped—and troubling—ICO </a> </p>

PUMP price drops 15% as Bonk lauchpad dominates market share

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