Pump.fun Establishes Liquidity Foundation Amid Revenue Decline
Pump.fun has launched the Glass Full Foundation to provide liquidity support for select memecoin projects as platform revenues sharply decline from early 2025 peaks. Daily revenue plummeted from over $7 million in January to approximately $200,000 recently, while competitor LetsBonk.fun gained market share.
The foundation will target high-value ecosystem tokens, including Fartcoin (valued over $1 billion) and Peanut the Squirrel ($253 million market cap). Pump.fun described the initiative as supporting "our most diehard cults" but has not disclosed funding sources or selection criteria. Initial liquidity injections have already begun, with more planned in the coming period.
Fartcoin remains Pump.fun's top ecosystem token, while Peanut the Squirrel—inspired by a viral Instagram pet euthanized last year—ranks second. The foundation appears designed to stabilize trading activity during challenging market conditions.