Pump.fun Shatters $10M Weekly Fee Mark

Pump.fun's PUMP token has seen significant gains over the past week, rising 33.8% in seven days to trade near $0.0028 on Aug. 11.

The platform reported a record-breaking $10.03 million in protocol fees for the week of Aug. 3-9, a 12% increase from the previous week and the first time weekly revenue crossed $10 million under its current reporting series.

This surge in activity has also led to increased trading volume on Pump.fun's ecosystem, reaching $2.97 billion, with PumpSwap accounting for $2.22 billion of that total.