Pump.fun becomes Solana's first platform to reach a total revenue of $1 billion

SmartContractAuditor · 2026-03-12T10:41:13+00:00

Pump.fun has been online since early 2024, generating approximately $1.08 billion in revenue, making it the first platform on the Solana blockchain to surpass $1 billion. From 2024 to 2026, revenue increased year over year, with nearly all of the platform's revenue used for PUMP token buybacks. Despite the large-scale buybacks, the PUMP price remains below its initial issuance price, and the platform has expanded to multiple blockchains.

SmartContractAuditor

2026-03-12 10:41:13

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Odaily Planet Daily reports that since its launch in early 2024, Pump.fun has generated approximately $1.08 billion in total revenue, becoming the first platform on the Solana blockchain to surpass $1 billion in revenue. According to DefiLlama data, the platform’s revenue in 2024 was $321.3 million, in 2025 it reached $664 million, and so far in 2026, it has earned $98.3 million.

For comparison, the decentralized trading aggregator Jupiter in the Solana ecosystem has accumulated $401.3 million in revenue since its launch, and the automated market maker Raydium has earned a total of $126.9 million.

Pump.fun allocates nearly all of its protocol revenue to buy back PUMP tokens. On March 11, the platform executed a buyback of approximately $1.25 million, accounting for 99.93% of the previous day’s revenue. Since the buyback program started, the platform has repurchased about $324 million worth of PUMP tokens, representing 28.8% of the circulating supply. Despite this, the current trading price of PUMP remains below the initial issuance price of $0.004, well below its all-time high of $0.0088.

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

PUMP3.08%

JUP-1.76%

RAY1.25%

ETH1.07%

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