Pump.fun Shatters $1.02B Trading Milestone as Memecoin Mania Goes Supernova
Memecoins aren't just surviving—they're absolutely thriving. Pump.fun just blasted past the billion-dollar mark in trading volume, proving that digital dopamine beats traditional fundamentals every time.
The Retail Revolution
Forget waiting for Wall Street approval—retail traders are creating their own momentum. This platform turned meme dreams into liquid assets, bypassing gatekeepers and rewriting the rules of engagement.
Volume Versus Value
That $1.02B figure isn't just a number—it's a middle finger to conventional finance. While suits debate price-to-earnings ratios, degens are printing generational wealth with dog-themed tokens and cartoon frog futures.
Zero to Billionaire
Pump.fun's rocket ride showcases crypto's unique talent: turning absurdity into enterprise. Who needs revenue models when you've got community vibes and the collective belief that this frog picture is definitely worth more tomorrow?
The momentum's building, the volume's exploding, and the establishment's sweating. Maybe the real utility was the friends we made along the way—and the Lamborghinis we bought with joke money.
In brief
- Pump.fun handled over $1 billion in daily trading volume on September 14 signaling a surge in platform activity.
- Total value locked on Pump.fun reached 334 million before slightly easing to 320 million while maintaining strong engagement.
- The wider memecoin market rallied, with market capitalisation up nearly 8% and trading volume increasing 81%.
Pump.fun Sees Record Activity Across Metrics
Trading volume on Pump.fun reached $942 million on September 13, based on figures from the decentralised exchange (DEX) Jupiter. The following day, it climbed to $1.02 billion, showing a sharp increase in activity on the platform.
The increase was not limited to trading alone. Pump.fun saw more funds committed by its users. According to DefiLlama, its total value locked (TVL) reached $334 million on September 14, setting a new record for the platform. By September 16, the figure had eased slightly to $320 million, but it still reflected a high level of user engagement.
The protocol continued to show strong revenue performance. DefiLlama data indicated it earned $2.93 million in the latest 24-hour period, while Hyperliquid, a perpetuals trading exchange, brought in $2.51 million. This placed Pump.fun third among decentralised finance protocols for daily income, behind only the stablecoin issuers Circle and Tether.
Pump.fun Surpasses Competitors in Live Streaming
The platform’s increasing engagement aligns with the continued use of its livestreaming tool. Co-founder Alon Cohen explained that the product has already moved past Rumble in terms of average concurrent streams. He added that the feature represents about 1% of Twitch’s market share and roughly 10% of Kick’s share, indicating its growing footprint in live content.
The platform has also begun rewarding its creators directly. On Monday, Pump.fun reported that it had distributed over $4 million in Creator Rewards. Most of this amount went to first-time creators who were able to explore their projects through the platform.
Memecoin Market Sees Broad Rally
The stronger performance of Pump.fun coincided with a wider surge across the memecoin sector. Data from CoinMarketCap showed that the market capitalisation of memecoins advanced nearly 8% in the past 24 hours. Over the same period, trading volume expanded by about 81%, reflecting a surge of new activity and capital FLOW into these tokens.
Several leading coins posted gains over the past week. Dogecoin, the most established memecoin, increased by 11%. Pepe advanced 5%, while MemeCore delivered a stronger 26% rise. These movements, though varied in size, indicate that both established and newer projects benefited from the current momentum.
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