
Pump.fun earns $18.6M in a week as 81% of memecoins crash 90%
- —Pump.fun protocol revenue hit $18.6M in the week to Oct. 7, with $52.5M in fees
- —30-day fees totaled $184.5M and protocol revenue reached $60.7M
- —81% of memecoins in Talos' sample fell at least 90% from their peaks
- —PUMP burns totaled $8.45M over seven days and $27.29M over 30 days
Why it matters: Pump.fun monetizes token churn rather than token performance, so the platform keeps earning even as most memecoins lose 90% of their value.
Source: CryptoSlate