Pump.fun Expands Into Serious Business

Pump Then Swap

Pump.fun has rebounded from a major downturn in the memecoin market, and in the wake of the LIBRA token scandal with the launch of PumpSwap. PumpSwap is a new decentralized exchange on Solana. The platform aims to make trading meme coins and providing liquidity easier and has quickly amassed a trading volume of $2.62 billion within two weeks.

PumpSwap also comes with the promise of revenue-sharing for coin creators. Pump.fun said on X, "If it succeeds, millions of dollars will go towards aligning creators with their communities and incentivizing higher quality launches."

The successful launch was amplified by MEXC's integration, a leading exchange that made PumpSwap accessible to its 34 million users worldwide, potentially boosting liquidity and trader activity.

"PumpSwap is a crucial step that will help grow the ecosystem through a more accessible, rewarding, and sustainable mechanism," said Pump.fun co-founder Alon.

Ape Now, Pay Later

Another initiative by the memecoin launchpad is PumpFi, a new platform designed to fund the launch of digital assets. PumpFi aims to streamline the creation and financing of these assets, providing users with tools to launch and promote their projects more effectively.

Given Pump.fun’s rapid growth and the increasing demand for accessible, on-chain funding, PumpFi could serve as a gateway for early-stage projects, helping them secure liquidity and traction. If the platform introduces governance features, a native token, or partnerships with major Solana DeFi protocols, it could mature into a full-fledged decentralized financial hub.

This evolution would allow it to rival existing launchpads and fundraising mechanisms while leveraging Solana’s speed and cost efficiency to attract a broader range of users and projects.