pump

The Solana-based token issuance platform Pump.fun announced on X that it has partnered with the on-chain perpetual contract protocol Hyperliquid to launch perpetual contract features within the Pump.fun application.Pump.fun stated that users can directly use their USDC balance within the app to go long or short on cryptocurrencies, stocks, and commodities without the need for cross-chain bridging. This feature is powered by Hyperliquid's on-chain perpetual contract engine for trading.

Pump.fun announced on October 28 that it will launch Elysium trading in its app on November 9, adding support for this network focused on Hyperliquid to its multi-chain trading business. Pump.fun posted on its official X account stating "Pumpfun App x @Enter_Elysium," and added "Trading starts November 9," with Kinetiq also announcing Pump.fun's entry into Elysium.Elysium is a Layer 2 built by Kinetiq based on Arbitrum Orbit, with transaction settlements occurring in the Hyperliquid smart contract environment HyperEVM, and network fees paid in HYPE. Its mainnet is scheduled to launch on November 9, 2026, coinciding with Pump.fun's trading start date; the chain will be rolled out in phases, with native HyperCore market data access and fast order submission paths expected to be provided in an upgrade approximately four weeks after the mainnet launch. The announcement only mentioned the Pump.fun app and did not disclose plans to migrate the company's Solana Meme coin issuance platform or its liquidity to Elysium.This plan is independent of another Hyperliquid integration announced earlier on the same day. Pump.fun stated that perpetual contract trading is now live within the app, allowing users to go long or short on cryptocurrencies, stocks, and commodities using USDC balances without cross-chain transactions; the service charges a fee of 0.05% per transaction, reduced to 0.04% with a referral code, plus standard Hyperliquid fees. The Elysium announcement did not specify its funding channels and trading fee terms.

According to the RootData Launchpad rankings, Pump.Fun launched 52,847 memes in the last 24 hours, an increase of 12.59% compared to the 7-day average. Among them, 174 memes successfully graduated, an increase of 19.76% compared to the 7-day average.In terms of transaction fees in the last 24 hours, Pump.Fun maintained a lead with $1.96 million. Pons' transaction fees were $332,300, an increase of 5.35% compared to the previous day's $315,400. Stonk's transaction fees in the last 24 hours were $200,600, a decrease of 26.46% compared to the previous day's $272,800.

Pump.fun application now supports the TON chain. Users can directly purchase tokens on the TON chain using their USDC balance.The official statement claims that this application is the fastest cross-chain social application with the lowest fees, but no comparative data has been provided.

According to Onchain Lens monitoring, a Solana trader who has realized a profit of 8.23 million dollars has deposited 100 million PUMP into Binance again, worth approximately 414 thousand dollars.In the past 6 days, this trader has deposited 300 million PUMP into Binance, worth approximately 1.31 million dollars, possibly for selling.

According to a report by CryptoSlate, on-chain data company Bitquery analyzed 3,170 wallets that reported profits of at least $100,000 on the token issuance platform Pumpfun from October 2025 to August 2026, involving a total profit of approximately $752.5 million. Among them, only 26% were checked through regular market transactions, 51% involved the sale of tokens transferred from other addresses, 13% exhibited potential collaborative trading patterns, and another 10% could not be clearly classified.The report stated that the tokens transferred in do not generate buy transactions that can be replicated by trading systems, so the profits displayed by the wallets may not be realizable by copy traders. The study has not measured the actual earnings of copy traders, and the token transfers themselves are insufficient to prove the existence of manipulation.

The founder of ai16z, Shaw, stated that 90% of the reverse engineering work on all contracts of Pump.fun has been completed and is expected to be finished tonight, adding, "Open source everything, or it will be forced to open source."

Pump.fun announced that its application now supports the purchase of Monad tokens. Users can complete transactions directly using their USDC balance without the need for manual cross-chain operations or switching wallets.

According to community reports, on October 23, crypto influencer kimchi posted an image containing a QR code, which points to the meme coin kimchi. Relevant information indicates that the kimchi address holds over 50% of the token, and it is different from the previously mentioned "speedrun 30 million dollars" token. The co-founder of the meme coin issuance platform pump.fun, alon, subsequently retweeted the post.The new kimchi token briefly surged to a market value of about 10 million dollars. Afterward, alon canceled the retweet, kimchi deleted the post, and removed the mention of pump.fun from his personal profile, leading to a rapid decline in the token's value, which was then about 190,000 dollars. According to GMGN market data, the previous Kimchi token also accelerated its decline that morning, with a market value of about 12.81 million dollars at that time.These actions have sparked dissatisfaction within the community, with some crypto investors accusing kimchi and alon of potentially illegal behavior. Kimchi has frequently flaunted wealth on social media and claimed to have profited significantly from investing in the TRUMP token. Recently, alon stated that Kimchi is the first person to truly bridge the gap between the crypto industry and pop culture, and is the first case of a trader becoming a public figure.

The meme coin issuance platform Pump.fun announced the addition of take-profit and stop-loss order features for trading on EVM chains, a feature that was previously launched on Solana in September.This expansion covers networks such as Robinhood, BSC, Base, HyperEVM, Arc, and Ink.

The co-founder and Chief Operating Officer Alon of the meme coin issuance platform Pump.fun stated that the team had previously focused on launch pads for a long time and only began supporting cross-chain exchanges about 5 months ago. After investigating the cross-chain service provider Relay used at that time, he noted that over one-ninth of cross-chain purchases on Relay encountered errors, with typical purchase landing times close to 4 seconds, and one-tenth exceeding 7 seconds. The number of tokens users received was usually less than expected. He also mentioned that the social trading application FOMO still relies on Relay.Alon stated that the self-developed cross-chain bridge Pump Bridge has been opened to all Pump.fun application users. Compared to Relay, the purchase landing speed has improved by 2 times, and the error rate has decreased by 92%, dropping from over one-ninth to less than one percent. Users can obtain more tokens on average with the same amount of funds, and currently, no additional cross-chain fees are charged. He mentioned that due to the limitations of light speed and target chain confirmation time, the theoretical fastest landing time for purchases is about 1.1 seconds, and the team is still working to reduce the remaining gap.The above comparison comes from random tests conducted in the Pump.fun mobile application from September 28 to October 7, covering Robinhood, BSC, Base, Arc, and Ink, excluding Ethereum, with a total of 416,669 transaction results recorded. Among them, 383,326 transactions recorded the time taken from click to successful prompt, and an additional 35,333 transactions of completed USDC purchases under $500 were used for comparison. Alon also stated that the platform fee rate is 0.45%, with Callout rewards of at least $300,000 daily, totaling about $20 million over two months, and the platform does not retain platform fees.

According to Onchain Lens monitoring, PUMP FUN transferred 129,800 SOL from the fee wallet to Kraken, worth 14.06 million USD.

The token issuance platform Pump.fun announced on X that PreStocks has launched on Pump.fun. Users can now issue tokens paired with OpenAI, Anthropic, Anduril, Neuralink, Figure AI, Kalshi, Polymarket, and Oura.Pump.fun stated that users can trade pre-IPO tokens on the platform and pair the newly issued tokens with these tokens. This feature is supported by PreStocks.

According to Lookonchain monitoring, about 9 hours ago, 3 wallet addresses jointly sold 2.9 billion $PUMP at an average price of $0.00434, totaling 12.58 million $USDC.

According to EmberCN monitoring, PUMP has dropped 16% in the past 24 hours, and one address may be the driving force behind the decline. This address sold 1.264 billion PUMP in a single transaction on-chain about 7 hours ago, exchanging it for 5.483 million USDC, with an average transaction price of approximately $0.0043.Due to the large one-time sell-off, this transaction incurred about 5% slippage loss. Ember estimates that if the order had been split into multiple transactions, it could theoretically have cashed out about $5.78 million; this direct sale only obtained $5.48 million, resulting in a loss of about $300,000.

The on-chain data analysis platform Bubblemaps accused that wallets associated with Anglio traded in advance before recommendations were published on Pump.fun, estimating a profit of about $50,000 from trades and approximately $80,000 in recommendation rewards. Bubblemaps presents the relationships between on-chain wallets through visual bubble charts, used to identify the connections between token holders and the flow of funds.This accusation points to the recommendation behavior on Pump.fun, where certain accounts built positions before the tokens were publicly recommended. Meanwhile, Pump.fun is shifting its reward payment mechanism to focus on the earnings of followers, distributing rewards based on the returns of followers.

According to Decrypt, the controversial promoter Sahil Arora, who launched a series of celebrity meme coins in 2024, is back at it again. His latest issuance, the Floyd Money Mayweather token, has been launched on the Solana trading platform Fomo, and Mayweather's social media account once promoted it. The token's market cap peaked at $1 million, but then plummeted 96% within three hours on Wednesday. According to information from various social media accounts, before Mayweather's account deleted the promotional post, the deployer's wallet had only cashed out about $5,000 in profit, and the token subsequently surged to a market cap peak of $1 million.Arora told Decrypt that the entire scheme was carefully planned, and the narrative of Mayweather missing out on profits actually drove up the token price. Fomo integrates social media elements, allowing users to see who is buying and selling, making it easy to create viral spread. Arora claims to have made seven figures in profit on the Mayweather token through other wallets, but on-chain analysis firm Bubblemaps believes this is unrealistic: the largest associated wallet cluster made about $105,000 in profit, and the top 100 traders collectively made only $306,000 in profit.Arora stated that he will replicate all his operations from 2024 on Pump.fun on Fomo, but with better strategies to allow participants to profit as well. He claims to have close relationships with all collaborating celebrities, making it very easy to persuade them to participate.

Pump.fun announced that since the launch of the BOOST model about three months ago, it has injected $106 million into its ecosystem.The model aims to reinvest liquidity that may be idle during the token migration process back into graduated tokens.

According to on-chain analyst Yu Jin's monitoring, 3 Pump.fun teams or early investor wallets (96HiV4...NKVWM9, ERRGqu...dukdNYa, 85WTuj...RqMD4ERS) transferred 1.458 billion PUMP to Coinbase Prime 5 hours ago, worth 7.58 million dollars.These 3 wallets have a total allocation of 70 billion PUMP, which have been unlocking since July. The 1.458 billion PUMP transferred to Coinbase Prime is the amount unlocked this month.

The meme coin issuance platform Pump.fun will adjust its call reward mechanism, linking rewards to the actual earnings of followers. Co-founder Alon stated that starting from the settlement on October 10, recommending low market cap tokens will receive less reward.Pump.fun is a meme coin issuance platform running on the Solana network, where users can create and trade tokens.