todayonchain.com

Pump’s new ‘Mayhem Mode’ fails to boost token launches or revenue in first week

The Block
Pump.fun's new 'Mayhem Mode,' designed to boost visibility, showed negligible impact on daily token launches and led to a revenue decline in its first week.

Summary

Pump.fun recently introduced "Mayhem Mode," an opt-in feature where an autonomous AI agent trades a newly launched token for 24 hours using 1 billion extra tokens, aiming to aid early price discovery and visibility. Despite this mechanism, which some view as artificial market activity but others see as platform-provided bootstrapping, the feature failed to significantly increase the volume of token launches; daily averages remained nearly flat compared to the prior week (17,800 vs. 17,300). Furthermore, daily revenue derived from creation fees and trading take-rates actually declined, which negatively impacts mechanical support for the platform's PUMP token. The article suggests that without stronger supplementary features like better curation or scheduled blocks, Mayhem Mode risks becoming a high-noise, low-yield addition.

(Source:The Block)