$PUMP Token Rights

Updated Apr 28, 2026

Overview

Token(s): PUMP
Token Type: Community

Pumpfun is a Solana-based memecoin launchpad where anyone can create and trade tokens via bonding curves, with PumpSwap as a native DEX for instant migrations and trading.

Governance Rights

Control

No mechanism or rights for PUMP holders to vote on protocol changes, upgrades or decisions. The PUMP token does not represent a right to revenues or any other distribution.

Governance Decisions

N/A

Treasury Decisions

N/A

Revenue Decisions

N/A

Platform fees are set by the team

Fee Switch

Half of net revenue from Bonding Curve, PumpSwap & Terminal is used for open market buybacks and token burns. This setup will last for one year.

Resources

PUMP buyback dashboardfees.pump.fun

Primary Value Accrual

Buybacks

Value Accrues through buybacks and token burns.

Equity Statement

The PUMP token does not represent a right to revenues or any other distribution.

Economic Rights

Value Capture

Revenue will be split 50/50 between buybacks and growth for one year, programmatically carried out via non-reversible smart contracts. 50% of all net revenue from the pump fun Bonding Curve, PumpSwap & Terminal is automatically used to purchase PUMP on the open market and immediately burn 100% of those purchases.

Buybacks

PUMP

Pumpfun has initiated an irreversible programmatic buyback & burn program for the next year: with 50% of revenues going to the program. Previously, Pump was allocating 100% of revenue to buybacks.

Dividends

N/A

No dividend or revenue distribution is currently active

Burns

Active

As of April 2026, Pump has burned all bought back tokens, around 36% of circulating supply.

Ownership

Raise History

4 rounds · $1.006b total

Date	Amount	Round	Valuation
Apr 14, 2026	$5m	Seed	—
Apr 02, 2026	$1m	—	—
Jul 12, 2025	$400m	Private token sale	—
Jul 12, 2025	$600m	ICO	$4b

Fundraising: Token Sale
Equity Revenue Capture: Unknown
Associated Entities: DevCo