Meme coin platform Pump.fun has surpassed $1 billion in cumulative revenue, the first on the Solana blockchain to do so, The Block reported on Wednesday.
DefiLlama data show Pump.fun generated $321.3 million in 2024, $664.0 million in 2025 and $98.3 million in 2026, for cumulative revenue of $1.08 billion. That far exceeds revenue posted by Solana DEX aggregator Jupiter, at $413.0 million, and automated market maker Raydium, at $126.9 million.
Pump.fun is conducting buybacks of the PUMP token. On March 11 it executed a $1.25 million buyback equal to 99.93 percent of its daily revenue. It has so far repurchased $323.4 million worth of PUMP tokens, removing 28.8 percent of the circulating supply from the market. The PUMP token is still trading at $0.0014, below its ICO price of $0.004, and remains below its all-time high of $0.0088.
Pump.fun has also registered subdomains referencing other blockchain networks such as Ethereum, BSC, Base and Monad, raising the possibility of cross-chain expansion. The Block also reported it removed "Solana" from its X profile.
Chi-gyu Hwang (황치규)
delight@d-today.co.kr