Pump.fun, one of the major platforms for Solana memecoin launches, is taking significant steps to reshape its creator fee model, acknowledging how the previous structure negatively impacted traders. This change could signal exciting shifts for the future of the platform and its $PUMP token.
Why the Shift? The Problem with Dynamic Fees V1
Introduced months ago, the Dynamic Fees V1 system was designed to encourage token creation while maintaining trading activity. While it initially led to impressive growth—doubling bonding curve volumes—the system inadvertently created issues for traders. According to Alon Cohen, Pump.fun’s co-founder, the setup made low-risk coin creation too easy, stifling liquidity and hindering real trading activity. Traders, who are the lifeblood of platform liquidity, struggled to find value in this model.
New Updates: Enhancements That Empower Creators and Traders
In response, Pump.fun is rolling out updates to its creator fee structure. Key changes include:
- Allowing creators and CTO administrators to allocate fee percentages across up to 10 wallets.
- Enabling coin ownership transfers and update authority revocations.
- Guaranteeing fee claimability at any time with no expiration.
Cohen emphasized that no one from the Pump.fun team will accept fees under any circumstances, reinforcing their commitment to decentralization. This move empowers creators while ensuring traders are better supported.
Looking Back and Moving Forward
The changes come on the heels of a rough few months for the platform. In July, rival LetsBonk surpassed Pump.fun in both trading volume and revenue. However, Pump.fun bounced back with strategic $PUMP token buybacks and its Project Ascend program, now reclaiming 75-80% of Solana memecoin launches. With these updates, Cohen has hinted at a larger restructuring tied to the long-term vision of Pump.fun.
What to Expect in 2026
While details remain scarce, Cohen expressed enthusiasm for what’s ahead, stating, “I’m extremely excited for what 2026 holds.” The coming year could see further shifts and innovations that define the platform’s role in the competitive crypto landscape.
Get Started in the Solana Ecosystem
For traders and creators alike, now is the time to take advantage of Pump.fun’s updated features. Interested in getting involved in cryptocurrency trading? Platforms like Coinbase are beginner-friendly and provide tools to start exploring cryptocurrencies like Solana. Make sure to stay updated on trends and changes in this dynamic space.
