Pump.fun (PUMP).

Summary

PUMP is the Solana Token-2022 token of Pump.fun, the memecoin launchpad and PumpSwap exchange. At $0.004009 it carries a $1.87B market cap on 466.84B PUMP circulating, with 832.33B PUMP onchain. Pump.fun directs part of its protocol revenue to PUMP buybacks, while ownership remains concentrated.

Price

$0.004016

Jupiter onchain price; CoinGecko shown for cross-check.E14JupiterE15CoinGecko

Market cap

$1.87B

Circulating supply × price, as calculated by CoinGecko.E16CoinGecko

Fully diluted valuation

$3.34B

CoinGecko: price × total supply.E17CoinGecko

24h volume (all venues)

$183.52M

CoinGecko, including centralised exchanges.E20CoinGecko

24h DEX volume (Solana)

$19.41M

Sum over 30 DEX Screener pools.E39DEX

DEX liquidity

$35.79M

Jupiter; DEX Screener pools sum to $31.08M.E28JupiterE39DEX

Holders

259,272

Jupiter; GeckoTerminal reports 261,524.E24JupiterE25GeckoTerminal

Top 10 holders

59.7%

Share of supply, GeckoTerminal.E26GeckoTerminal

Findings

Each finding is a fixed template filled from captured values. Evidence chips link to the item that supports the claim.

1. Fixed issuance, no freeze control

   The mint authority and freeze authority are both revoked, and the Token-2022 metadata has no update authority. No new PUMP can be minted, so supply can only fall through burns.

   E08SolanaE09Solana
2. Supply below the listed maximum

   Onchain supply is 832.33B PUMP against the 1.00T PUMP maximum CoinGecko lists, a difference of 167.67B PUMP. DefiLlama attributes PUMP buybacks to onchain burns; this report did not trace individual burn transactions.

   E07SolanaE19CoinGeckoE37DefiLlama
3. Revenue funds PUMP buybacks

   DefiLlama records $24.33M of PUMP buybacks in the last 30 days, 45% of the $54.55M protocol revenue it tracks for Pump over the same period.

   E36DefiLlamaE35DefiLlamaE37DefiLlama
4. Concentrated holder base

   GeckoTerminal puts 59.7% of supply with the ten largest holders and Jupiter reports 59.2% for its top-holder measure, across roughly 259K holders. Neither source labels who the largest holders are.

   E26GeckoTerminalE27JupiterE24JupiterE25GeckoTerminal
5. PumpSwap holds most DEX liquidity

   30 Solana pools report $31.08M of liquidity. The largest, pumpswap PUMP/USDC, holds $21.89M (70%). Reported DEX volume over 24 hours was $19.41M.

   E39DEXE40DEX
6. Price down 15% over 30 days

   CoinGecko shows -10.8% over 24 hours, +9.4% over 7 days and -15.2% over 30 days. The price is 55% below the 2025-09-14 all-time high and 247% above the 2026-06-25 all-time low.

   E21CoinGeckoE22CoinGeckoE23CoinGecko
7. Transfer hook present but unset

   The mint carries a Token-2022 transfer-hook extension with no hook program set. Its authority account is owned by program 333UA891CYPpAJAthphPT3hg1EkUBLhNFoP9HoWW3nug, which has no upgrade authority; Pump.fun's published source for that program declares no instructions. This report did not verify that the deployed program matches the published source.

   E10SolanaE11SolanaE12SolanaE13Pump.fun

Supply & controls

Market

Holders

Trading activity

Jupiter trading statistics across the venues it indexes; “organic” is Jupiter’s own classification (organic score 98.1, high). E29JupiterE32Jupiter

Venues & liquidity

The deepest pool is PumpSwap PUMP/USDC with $21.89M of reported liquidity.

Protocol & buybacks

Pump.fun operates the bonding-curve launchpad and the PumpSwap AMM. DefiLlama tracks the fees they charge, the revenue Pump keeps and the PUMP buybacks it attributes to onchain burns.

Timeline

1. 10 Jul 2025
   PUMP mint created

   Token-2022 mint account created.

   E30Jupiter
2. 12 Jul 2025
   First liquidity pool

   Pool GLZRp9… opened.

   E31Jupiter
3. 14 Sep 2025
   All-time high

   $0.008819 per PUMP.

   E22CoinGecko
4. 25 Jun 2026
   All-time low

   $0.001155 per PUMP.

   E23CoinGecko
5. 12 Sep 2026
   Pump.fun documentation update

   chore(idl): refresh pump, pump_amm and pump_fees IDLs

   E44Pump.fun
6. 14 Sep 2026
   Pump.fun documentation update

   docs: holder rewards choice can be changed via CTO, not irreversible

   E44Pump.fun

Risks

• Holder concentration

  A large share of supply sits in a small number of accounts. Unlabelled large holders can include exchanges, pools, treasuries or individuals; this report cannot tell them apart.

  E26GeckoTerminalE27Jupiter
• Protocol-revenue dependence

  Buybacks depend on Pump.fun and PumpSwap fee revenue, which follows memecoin launch and trading activity and can change quickly.

  E35DefiLlamaE36DefiLlamaE38DefiLlama
• Venue concentration

  Most onchain liquidity sits in one PumpSwap pool. Reported liquidity and volume are aggregator figures, not audited reserves.

  E40DEXE39DEX
• Token-2022 extension

  The transfer-hook extension exists on the mint. It is unset today; see the finding above for what could and could not be verified about its authority.

  E10SolanaE12Solana
• Price volatility

  PUMP has traded between its all-time low and high within about nine months. Figures here are a snapshot and change continuously.

  E22CoinGeckoE23CoinGecko

Evidence

Sources

• Onchain
  Solana mainnet-beta RPC

  Solana Foundation · Public JSON-RPC: mint account, supply, authorities, extensions and recent signatures.

  Observed 23 Sep 2026, 20:58 UTC · https://api.mainnet-beta.solana.com · SHA-256 b66d2f7e387a7de6a132e0fb588dfabf5976b124d3a90bd4016e8fbdb515e1fb
  8 items
• Onchain
  Helius Solana RPC

  Helius · Indexed Solana JSON-RPC: largest token accounts and their owners.

  Observed 23 Sep 2026, 20:58 UTC · https://mainnet.helius-rpc.com · SHA-256 d78e81c9cff6f0cdfba1270bdbd19192298179b2c76d911185f85e4fb147c0c5
  1 items
• Aggregator
  Jupiter Tokens API v2 and Price API v3

  Jupiter · Verification tag, price, supply, holder count, audit flags and trading statistics.

  Observed 23 Sep 2026, 20:58 UTC · https://lite-api.jup.ag · SHA-256 1302b007c3f488f375eabafedd38484b3389e691dc6c57af32caf4e8a504ef00
  9 items
• Aggregator
  CoinGecko coin data

  CoinGecko · Market data across all tracked venues, including centralised exchanges, and daily price history.

  Observed 23 Sep 2026, 20:58 UTC · https://api.coingecko.com/api/v3 · SHA-256 5abb0e6308f19c17a0b35507bf894ed29b6686269d3c838b08005250d3579b26
  11 items
• Aggregator
  DEX Screener pair data

  DEX Screener · Solana DEX pools, liquidity, volume and transaction counts.

  Observed 23 Sep 2026, 20:58 UTC · https://api.dexscreener.com · SHA-256 7393f946b83ea60e2e763168fb947e1ffce83a253a49c366612743014a4a2d65
  4 items
• Aggregator
  GeckoTerminal token info

  CoinGecko (GeckoTerminal) · Holder count and holder distribution bands.

  Observed 23 Sep 2026, 20:58 UTC · https://api.geckoterminal.com/api/v2 · SHA-256 4ade53fd6ce492015a306a3faeab682c7367c439e073c165d8b6075f3c8ff57d
  3 items
• Analytics
  DefiLlama fees, revenue and DEX volume

  DefiLlama · Protocol fees, revenue, PUMP buybacks (holders revenue) and PumpSwap volume, with DefiLlama methodology.

  Observed 23 Sep 2026, 20:58 UTC · https://api.llama.fi · SHA-256 a20b580a577a83d044783dd8ccebf764d731811037668b6edcade43a0ee5dd71
  6 items
• Official
  Pump.fun public documentation

  Pump.fun (GitHub pump-fun) · Program documentation and change history published by Pump.fun.

  Observed 23 Sep 2026, 20:58 UTC · https://api.github.com · SHA-256 9d4a273b1f3bd7af6bc28c2dbb1dd9fc05f92abf37d04a6ec89dfee632c4b180
  2 items
• Official
  Pump.fun transfer-hook-authority source

  Pump.fun (GitHub pump-fun) · Published source for the program that owns the transfer-hook authority account.

  Observed 23 Sep 2026, 20:59 UTC · https://raw.githubusercontent.com · SHA-256 e7c33886c771978bcd4bbcc7c78011df85db6c7e125ef78bf429660b9e095d4f
  1 items
• Not used
  Solscan token page

  Solscan · Explorer reference for independent checking. Its API requires a key and was not queried.

  0 items
• Not used
  Birdeye token data

  Birdeye · Not queried: the Birdeye public API requires an API key that is not configured.

  0 items
• Not used
  pump.fun website and API

  Pump.fun · Not reachable from the collection environment (HTTP 403 at 2026-09-23T20:59:00.263Z; the site redirects this region to a block page). Protocol context uses Pump.fun's published GitHub documentation instead.

  0 items

Methodology & limitations

Compiled by scripts/research-pump.ts on 23 Sep 2026, 20:59 UTC. The collector requested each source once, stored the raw response with its request time and SHA-256 hash, and derived every figure in this report from those responses. Before writing the report it verified the mint:

• CoinGecko lists this mint as the Solana contract of coin "pump-fun" (Pump.fun, PUMP)E01CoinGecko
• Jupiter returns this mint as PUMP with its verified tagE02Jupiter
• DEX Screener pools for this mint use it as the PUMP base tokenE03DEX
• GeckoTerminal links this mint to CoinGecko "pump-fun" and marks it verifiedE04GeckoTerminal
• DefiLlama lists this mint as the token of the pump.fun protocolE05DefiLlama
• The mint account is a Token-2022 mint whose onchain metadata reads name "Pump", symbol "PUMP"E06Solana

Limitations

• Not reachable from the collection environment (HTTP 403 at 2026-09-23T20:59:00.263Z; the site redirects this region to a block page). Protocol context uses Pump.fun's published GitHub documentation instead.
• Largest holders are token accounts with their owning address. One owner can hold several accounts, and pool or exchange accounts hold tokens for many users; owners are not labelled here.
• Birdeye and Solscan APIs require keys that are not configured, so neither was queried. Solscan is linked for independent checking.
• CoinGecko volume includes centralised exchanges and is not verifiable onchain; DEX figures come from DEX Screener and Jupiter, which each apply their own pool coverage.
• Holder counts differ between Jupiter and GeckoTerminal because each indexes and filters accounts differently. Both are shown.
• Protocol fees, revenue and buybacks are DefiLlama figures using its published methodology; they were not recomputed from chain data here.
• This is a point-in-time snapshot compiled by scripts/research-pump.ts. It is research, not investment advice, a rating or an audit.

This report describes public data at the time it was observed. It is not investment advice, a rating, an endorsement or an audit. Values change continuously; check the linked sources before relying on any figure. Market cap rank #50 and holder figures are provider measurements.