Pump.fun Unveils Major Creator Fee Overhaul to Boost Trading

Pump.fun is overhauling its creator fee system, introducing fee sharing and new controls to better reward traders and support sustainable meme coin projects on Solana.

Pump.fun, a Solana-based meme coin launchpad, has announced a major overhaul of its creator fee system to address concerns that previous models incentivized mass token creation over active trading. The new system introduces creator fee sharing, allowing fees to be distributed among up to 10 wallets, transfer coin ownership, and revoke update authority, aiming to support collaborative and sustainable projects. The changes are designed to rebalance incentives between creators and traders, with a shift toward a market-driven approach where traders influence which narratives receive fee support. The platform's leadership acknowledged that earlier fee structures led to unsustainable dynamics and penalized traders, prompting the move to foster a healthier trading environment. The $PUMP token saw a notable price increase following the announcement, though it remains significantly below its all-time high. The community is watching closely as these updates roll out, with expectations that the new system will improve transparency, trust, and the overall quality of assets launched on Pump.fun.