Pump.fun PUMP
Cryptocurrency · Infrastructure · Not Mineable · launched in 2024
№42of 40 004
- $0.004021
- Price −12.07%
- $1.98 billion
- Capitalization
- $91.76 million
- Volume over 24 hours
- 0.07%
- Dominance
About the coin
- Circulating supply
- 461.19 billion PUMP
- Total supply
- 826.07 billion PUMP
- Maximum supply
- 1 trillion PUMP
- Fully diluted capitalization
- $4.29 billion
- 24h high
- $0.004867
- 24h low
- $0.003971
Pump.fun is a leading decentralized launchpad platform created in 2024 for instant launch and trading of memcoins on the Solana network. The service revolutionized the cryptocurrency market by allowing any user to issue their own token with just a few clicks without programming or liquidity pool creation costs.
The platform protects investors from fraudulent schemes (rug pull) through a built-in bonding curve algorithm. Once a coin's market cap reaches the target level, liquidity is automatically transferred to the Raydium exchange and burned. The PUMP token serves as the ecosystem asset of this popular Web3 infrastructure.
Additional information
FAQ
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Pump.fun is a popular decentralized Web3 platform and launchpad designed for instant and cheap creation and trading of memcoins. The service has removed technical barriers for users: anyone can launch their own token here with just a few clicks, without needing to write code.
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The platform uses a mathematical bonding curve mechanism. Token creators don't need to deposit funds independently to enable trading. Liquidity is generated automatically as users purchase the coin. This ensures creators cannot suddenly withdraw all funds from the pool and disappear.
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When the market capitalization of a memcoin on the platform reaches the established target value (usually around $69,000), trading on Pump.fun stops. All collected liquidity is automatically transferred to a major decentralized exchange (such as Raydium on Solana), and the created LP tokens are permanently burned for investor security.
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The platform was originally developed and gained explosive popularity on the Solana blockchain thanks to its ultra-high speed and minimal transaction fees. Later, during ecosystem scaling, developers also added support for other compatible networks, including Coinbase's Base ecosystem.
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The PUMP token serves as the native internal and service asset of the launchpad ecosystem. It is used for integration with platform internal services, conducting various community interactive mechanics, and for decentralized rewarding of active content creators and traders within the Web3 infrastructure.
Legal status of crypto assets in Uzbekistan
This section is for reference only and shows global market data. MONIQ is not a crypto asset service provider, does not carry out operations with crypto assets and does not give individual investment advice.
- Crypto assets are not legal tender in the Republic of Uzbekistan: they cannot be used to pay for goods and services, except in cases directly established by law.
- Residents may buy, sell and exchange crypto assets only through providers licensed by the NAPP — crypto exchanges, crypto shops, crypto depositories and mining pools registered as legal entities resident in Uzbekistan.
- The register of licences is maintained by the National Agency of Perspective Projects. Licences are issued and revoked, so the composition of the register changes — check the status of a venue at the moment of the transaction.
- Until 1 January 2029 transactions with crypto assets are not subject to taxation, and income from them is not included in aggregate income.
- Crypto assets are not traded on the RSE «Toshkent» and are not available through a broker account. There are no guaranteed returns, investments are not insured, and the price may change by tens of percent in a short time.
The information does not replace legal advice. Regulation changes — before any transaction check the current wording of the law and the register of licences at .