Analyst: Pump.fun could become infrastructure for third-party token launchpads
- —Anthem says Pump.fun creator fees are nearly 1:1 with protocol revenue
- —His illustrative example: $500M in revenue implies about $500M in creator fees
- —Pump.fun's official fee docs list creator and protocol fees separately
- —No third-party platform has been reported adopting Pump.fun as infrastructure
Why it matters: Adoption of Pump.fun as infrastructure by other launchpads could lift demand for PUMP and protocol fees.
Source: TokenPost