Pump.fun Becomes the First Solana Platform to Reach $10 Billion in Cumulative Revenue

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Pump.fun has become the first Solana platform to reach $10 billion in cumulative revenue, earning $1.08 billion since early 2024. Ecosystem growth is clear, with the platform generating $321.3 million in 2024, $664 million in 2025, and $98.3 million in 2026 so far. Jupiter and Raydium follow with $401.3 million and $126.9 million, respectively. Pump.fun has allocated nearly all revenue toward PUMP token buybacks, including a $1.25 million repurchase on March 11. The platform has spent $32.34 million—28.8% of the circulating supply—on buybacks. Despite this, the PUMP token trades below its $0.004 launch price. Inflation metrics remain critical as the platform expands to Ethereum, Base, BSC, and Monad.

Odaily Planet Daily reports: Since its launch in early 2024, Pump.fun has generated cumulative revenue of approximately $1.08 billion, becoming the first platform on the Solana blockchain to surpass $1 billion in revenue. According to DefiLlama data, the platform generated $321.3 million in revenue in 2024, $664 million in 2025, and $98.3 million year-to-date in 2026.

For comparison, Jupiter, the decentralized exchange aggregator on the Solana ecosystem, has generated a total revenue of $401.3 million since its launch, while the automated market maker Raydium has generated a total revenue of $126.9 million.

Pump.fun allocates nearly all protocol revenue to PUMP token buybacks. On March 11, the platform executed buybacks worth approximately $1.25 million, accounting for 99.93% of the previous day’s revenue. Since the launch of the buyback program, the platform has cumulatively repurchased approximately $323.4 million worth of PUMP tokens, representing 28.8% of the circulating supply. Despite this, the current trading price of PUMP remains below its initial offering price of $0.004 and is still significantly distant from its all-time high of $0.0088.

Additionally, public domain records show that Pump.fun has established subdomains pointing to Ethereum, Base, BSC, and Monad, and has removed Solana’s geographic标识 from its X account. Previously, Pump.fun added support for tokens created by platforms such as Raydium and Meteora in its mobile app and acquired the cross-chain trading terminal Vyper.

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