Pump.fun dominates token launches again, generating $1 million daily despite market slowdown
Pump.fun commands 95% of the daily token graduation market share, generating about $1 million daily despite an overall market contraction.Summary
The token launchpad Pump.fun has reasserted near-monopoly status in the market, capturing 95% of the daily token graduation share, which measures tokens reaching sufficient liquidity to move to decentralized exchanges. While overall launchpad activity has contracted to about $100 million in total volume daily, with roughly 100 tokens graduating across all platforms, Pump.fun continues to generate approximately $1 million in daily revenue, down from $3 million in September. This resilience highlights the platform's strong user experience and network effects, positioning it as the entrenched leader in memecoin creation infrastructure, even as speculative interest wanes. The success of platforms like four.meme on BNB also shows the launchpad model is viable across different blockchains.
(Source：The Block)