Pump.fun Revenue Drops 38% in February, Weekly Revenue Down Nearly 80% from Peak

In Brief

Pump.fun’s protocol revenue fell to $75.28M in February, down 38% from January’s $121M.

Last week’s revenue was $7.76M, a nearly 80% decline from the all-time high of $37.31M on January 19.

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Pump.fun, a Solana-based token launch platform, saw a significant decline in revenue, according to DefiLlama data. The protocol’s February earnings dropped by 38%, reflecting a slowdown in meme coin and speculative trading activity.

On a weekly basis, pump.fun generated only $7.76M last week, marking a steep 80% decline from its record-breaking $37.31M week in January. The drop suggests diminishing user engagement and trading volumes, potentially signaling a cooling-off period for the Solana meme coin craze.

Despite the downturn, Solana remains a dominant player in the meme coin space, and future market conditions will determine whether pump.fun can regain momentum.

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