Pump.fun: $5.9M in PUMP removed from circulation after Custom Pairs launch
- —Roughly $5.9M in PUMP removed from circulation, or 0.33% of circulating supply
- —Outflow includes tokens locked in liquidity pools, burned tokens and those held in the protocol fee wallet
- —Alon: annualized outflow could reach 3.35% of supply at current activity
- —Custom Pairs lets issuers choose the base asset when launching tokens on Pump.fun
Why it matters: The supply reduction is supportive for PUMP, though not all removed tokens are permanently burned and could return to circulation.
Source: TokenPost