Pump.fun Shifts to Trader-Determined Rewards After Creator Fees Flop

Pump.fun’s Incentive Overhaul

Pump.fun plans to revamp its creator-fee structure after the initial model failed to incentivize sustainable trading.
The previous Dynamic Fees V1 attracted first-time creators but encouraged low-risk token issuance, impacting market dynamics.
New changes allow fee distribution across multiple wallets and improve control over token ownership.

Market Reaction

Pump.fun recently achieved a daily trading volume of $2.03 billion, setting a new record.
The platform earned $3.87 million in fees, with $1.53 million in revenue within a day.
PUMP token increased by 9.4%, trading at $0.002403, with a 24-hour volume of $251.2 million and a market cap of $851.4 million.