PumpFun Fees Surpass $10 Million as Trading Volume Continues to Rise

PumpFun's fees have surpassed $10 million in a week for the first time since its launch, driven by increased trading volumes on its launchpad and exchange. This milestone was achieved despite a slight decrease in revenue from PumpSwap compared to last week.

The network's revenue also includes income generated by the bonding curve, which accounted for $751.6 million of the total $2.97 billion ecosystem trading volume during the past week.

PumpFun has been actively buying and burning PUMP tokens through a locked smart contract, with a total of $5.02 million spent in seven days. This process has already covered 15.7% of the token's total supply.