{"id":298889,"date":"2024-05-10T01:28:52","date_gmt":"2024-05-09T19:58:52","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=298889"},"modified":"2024-05-10T01:28:52","modified_gmt":"2024-05-09T19:58:52","slug":"pump-fun-surpasses-uniswap-in-weekly-revenue-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/pump-fun-surpasses-uniswap-in-weekly-revenue-crypto-news\/","title":{"rendered":"Pump.Fun Surpasses Uniswap in Weekly Revenue &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>The memecoin launchpad raked in $3.3 million over the past seven days, putting it in second place behind Ethereum.<\/p>\n<div>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/pumpdotfun\">Pump.Fun<\/a>, a memecoin launchpad platform, has become the second-largest revenue-generating platform in DeFi over the last week, surpassed only by the Ethereum network.<\/p>\n<figure><figcaption class=\"text-center text-xs\">Top Projects By Weekly Revenue<\/figcaption><\/figure>\n<p>The platform allows users to launch a token on Solana or Blast in minutes with no coding experience. During a Pump.Fun token\u2019s initial launch phase, the token will trade along a bonding curve within the platform. Upon reaching a particular market capitalization, the bonding curve liquidity is transferred to Raydium, where the token commences trading on the open market.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/defillama.com\/protocol\/pump?fees=true\" class=\"no-underline\"><\/p>\n<figure><img decoding=\"async\" alt=\"Pump.Fun Daily Fees chart\" loading=\"lazy\" width=\"960\" height=\"423.019943019943\" data-nimg=\"1\" class=\"mx-auto\" id='b' style='filter: url(%23b)' src=\"https:\/\/thedefiant.io\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2Fa7c8454d7b8558d33641694a93731089fbfa3ad3-1053x464.jpg&amp;w=828&amp;q=100\" \/><figcaption class=\"text-center text-xs\">Pump.Fun Daily Fees<\/figcaption><\/figure>\n<p><\/a><\/p>\n<p>Despite major memecoins such as $WIF and $PEPE trading lower over the past month, Pump.Fun activity has continued to trend higher. Over <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dune.com\/queries\/3705945\/6235670\">450,000<\/a> unique tokens have been launched on the platform since March 1, with some tokens, such as $MICHI and $SC, eclipsing the $100m market cap level after launching at a market cap of $5,000.<\/p>\n<p>Pump.Fun\u2019s ascent to one of the top earners in DeFi is indicative of the memecoin mania that has defined 2024.<\/p>\n<p>Its bonding curve mechanism acts as \u201cun-ruggable liquidity\u201d and allows users to speculate on microcap tokens without the worry of a malicious developer removing the liquidity on a traditional token launch. This significantly improves the user experience of high-risk, high-reward microcap trading.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The memecoin launchpad raked in $3.3 million over the past seven days, putting it in second place behind Ethereum. Pump.Fun, a memecoin launchpad platform, has become the second-largest revenue-generating platform in DeFi over the last week, surpassed only by the Ethereum network. Top Projects By Weekly Revenue The platform allows users to launch a token [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":298890,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-298889","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/298889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=298889"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/298889\/revisions"}],"predecessor-version":[{"id":298894,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/298889\/revisions\/298894"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/298890"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=298889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=298889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=298889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}