Pumpfun Introduces Creator Rewards with $7M Potential Based on April Volume

On May 12, Pump.fun launched a new revenue-sharing system for token creators. This allows creators to earn 0.05% of the trading volume in Solana (SOL) from transactions on PumpSwap.

To qualify for these earnings, a token must meet one of the following conditions: it must be newly created, still trading on Pump.fun’s bonding curve, or have been listed on PumpSwap. Trading volume before May 12 doesn't count, and no rewards will be given retroactively.

Based on data from DefiLlama, this new system could have provided nearly $7.3 million in rewards to creators in April, based on the $14.6 billion trading volume on Pump.fun and PumpSwap.

Creators can automatically collect rewards by accessing their profile on Pump.fun through their wallet. There are no lock-up periods or minimum thresholds, so rewards can be claimed anytime.

The update also affects Pump.fun's fee structure. PumpSwap now allocates 50% of its revenue to token creators, meaning creators earn 0.05% per transaction. However, the full fee structure hasn't been officially updated yet. Currently, PumpSwap charges a 0.20% fee for liquidity providers (LPs) and 0.05% for the protocol. With the new creator reward, it seems the total trading fee has increased to 0.30%, with 0.25% going to LPs and creators, and 0.05% retained by the platform.

This update comes amid strong activity on Solana-based memecoin platforms. Data from Blockworks shows a $6 billion increase in trading volume for Pump.fun’s memecoins between March and April. According to Artemis, memecoins ranked sixth out of 22 crypto sectors in the past month, with an average price increase of 49.3% per token. Additionally, Pump.fun memecoins saw the seventh-largest price rise in the past 7 days, according to CoinGecko.