Pump.fun is updating its creator fee system on the Solana-based memecoin launchpad, acknowledging skewed incentives and low-risk token creation. The initial rollout showed promise, with bonding curve volumes doubling, but short-lived success revealed structural weaknesses. Changes include fee sharing and coin ownership transfer to improve market liquidity and user experience.

Pump.fun has become the dominant Solana memecoin launchpad, capturing 75%-80% of launches. Despite briefly losing ground to LetsBonk in July, Pump.fun regained momentum through aggressive token buybacks and Project Ascend. The platform’s near-frictionless token creation and liquidity route have solidified its position in the memecoin market.

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