Pump.fun fee engine revenue collapses 98.6% over six months
Pump.fun's fee engine revenue fell from $36B in January 2026 to $503M in July 2026, a 98.6% decline over six months, with March dropping by an order of magnitude and subsequent months flat near $0.5B. The decline was reported on August 11, 2026.
Detected & updated continuously · Source: Nebula
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@obchakevich_
. @Pumpfun fee engine has stopped. January 2026: $36B July 2026: $503M That is -98.6% in 6 months The break was not gradual. February still printed $19.4B, then March fell by an order of magnitude - and the five months since have sat flat near $0.5B, with no month breaking out https://t.co/7kjsjrnAkb
@AustinBarack
Almost 2/3 of the way through the day, $PUMP tokenholder revenue and buybacks continuing to follow the trend of growth I think the narrative that PUMP revenue is not durable long term is quickly becoming invalidated, which should drive a further multiple rerating (imo from sub https://t.co/c4AAuNkZjH