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API docs पढ़ेंPump.fun is a token launchpad and decentralized trading application built on the Solana blockchain that lets anyone create and immediately trade new tokens, including meme tokens, without prior technical knowledge. It addresses the friction ordinary users face when trying to launch a tradeable digital asset, offering a simplified path from idea to listed token. The PUMP token is the exchange-based token associated with this platform.
Pump.fun operates on Solana, using an automated market maker model to provide liquidity for newly created tokens from the moment of launch, with prices determined algorithmically by a bonding curve rather than by an order book. The PUMP token exists within this ecosystem as an exchange-based token, meaning it is tied to the platform's activity and governance rather than functioning as a standalone blockchain with its own consensus mechanism — the data records no independent consensus algorithm or block time for PUMP itself. Settlement occurs on Solana's infrastructure.
The data provided does not include a direct fee revenue figure or a disclosed breakdown of who receives platform fees, so fee-based valuation measures cannot be calculated from the information stored here. What the data does show is a 24-hour turnover ratio of 5.708368 and a 30-day average volume-to-market-cap ratio of 6.844606, both indicating that a very large volume of trading activity flows through or around this token relative to its market capitalization of approximately 2.20 billion USD. Of the maximum supply of 1,000,000,000,000 PUMP tokens, roughly 46.32 percent is currently circulating, leaving a substantial portion yet to enter the market.
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