Pump.fun considering token launch with $4B fully diluted value, $1B sale

Pump.fun plans to rise $1 cardinal done a token merchantability that would delegate the Solana-based memecoin launchpad a $4 cardinal afloat diluted token valuation, Blockworks reported connected June 3, citing 2 radical acquainted with the matter.

Sources said the offering volition people some nationalist and backstage buyers. However, they did not specify whether the caller token volition motorboat connected Pump.fun’s ain level oregon springiness details connected the sale’s structure. 

Pump.fun did not marque a connection connected the offering arsenic of property time.

Revenue way grounds and merchandise expansion

Pump.fun allows immoderate idiosyncratic to make a token connected Solana (SOL) instantly and astatine nary archetypal cost. According to a Dune dashboard created by idiosyncratic adam_tehc, users person launched astir 11 cardinal tokens connected the platform. 

When a token “graduates” from its bonding curve connected Pump.fun and goes to PumpSwap for trading, a 0.015 SOL interest is charged. Additionally, trades connected PumpSwap person a 0.3% fee, a decentralized speech related to the launchpad. 

The level has generated implicit over $732 cardinal successful fees since its motorboat successful January 2024. Additionally, it has continued to grow its diagnostic acceptable contempt intensifying contention successful the token-launching sector.

First, it launched PumpSwap connected March 22 to seizure immoderate of the trading enactment that exited the launchpad and entered Raydium, different decentralized speech connected Solana. In little than 2 months, the platform surpassed $100 cardinal successful full worth locked.

On May 12, Pump.fun launched a program to reward token creators. Users get 0.05% of the trading measurement connected Pump.fun and PumpSwap paid successful SOL.

DefiLlama information attributes astir $18 cardinal successful measurement from some platforms successful May. If the programme were effectual passim the entirety of past month, creators would person earned $9 cardinal successful full rewards.

The station Pump.fun considering token motorboat with $4B afloat diluted value, $1B sale appeared archetypal connected CryptoSlate.