Majority of Pump.fun traders fail to earn over $10,000 in profits, with 99.6% falling short of the mark.
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Pump.fun, a Solana-based meme coin launchpad, has seen a significant drop in its daily revenue since January 2025. The platform's daily revenue, which peaked at $7.07 million in January, has declined to around $293,000 by late July 2025, marking a 92% drop [1].
Despite this decline, Pump.fun continues to host an active trading community. The platform's native PUMP token has demonstrated high volatility, with a market capitalisation of around $1.06 billion and a daily trading volume of nearly $400 million in early August 2025 [3].
The meme coin market, known for its volatility, has faced heightened fluctuations. In December 2024, the overall market capitalisation slid from $137 billion down to $92 billion [2]. Pump.fun's model of bonding curve-based token creation and enforced buyback programs helps modulate supply, aligning with the meme coin market’s inherently speculative nature.
Buyback programs, such as the one that spent $19.26 million buying back nearly 3 billion tokens in late July 2025, have helped reduce the circulating supply and triggered rallies of up to 27% in a day [3][5]. However, the notable decline in token price and volume over months points to challenging market conditions for consistent profitability [1][5].
Explicit data on trader success rates on Pump.fun is not readily available. However, the platform's token price volatility and the presence of buyback programs suggest a speculative market environment where investors seek gains amid price fluctuations [3][5].
Creators on Pump.fun earn a 0.05% SOL commission per trade for newly created coins, introducing a revenue-sharing mechanism that rewards token creators from trading activity [4]. This could incentivize more token launches, though the overall shrinking revenue suggests limited sustainable profitability.
In comparison to the wider meme coin market, Pump.fun offers a somewhat different trading mechanism due to its bonding curve and in-platform liquidity [2]. Despite this, the platform's speculative nature remains similar to the broader meme coin market.
In conclusion, while Pump.fun still supports an active meme coin trading environment with significant market activity, its declining revenue and token value drop reflect challenges in sustained profitability for traders and the platform alike relative to the broader meme coin market's notorious volatility and speculative profits.
References: 1. Source 1 2. Source 2 3. Source 3 4. Source 4 5. Source 5
- Investors on Pump.fun are seeking gains in a speculative market environment, as indicated by the platform's token price volatility and the presence of buyback programs.
- Despite the active trading community on Pump.fun, the finance aspect of the platform, notably the daily revenue and token value, has faced challenges in maintaining sustained profitability.
