Pump.fun monthly revenue hits new all-time high with $82.8m

Pump.fun recorded its highest monthly revenue in history. The Meme coin launchpad generated $82.78 million in revenue in November, up 207% from the previous month.

According to data from DeFi Llama, Pump.fun’s November revenue skyrocketed to $82.78 million; this is the highest figure ever since its launch in March 2024. This number is expected to increase as the month is not over, but it has already contributed to more. accounts for more than 35% of its total earnings.

Launchpad’s October revenue was up 207% on just $30.5 million; This shows a huge increase in user activity and transaction volumes from the platform in November alone.

According to data from Dune, the platform hailed by many as the meme coin marketplace saw the highest token launch in history with the launch of 69,046 Solana(SOL)-backed tokens on November 20 this year. Meanwhile, in the past two weeks, Pump.fun’s total volume reached $4.15 billion.

Despite the obvious increase in user activity on the site, Pump.fun has recently come under fire for its livestream feature, which is used by coin developers to broadcast harmful content showcasing self-harm and other dangerous acts.

Following numerous online complaints and concerns regarding content moderation on the site, Pump.fun’s live streaming feature, which launched on the site in August 2024, has since been disabled.

The team acknowledged the community’s concern and took additional measures to ensure user safety, including removing inappropriate content and flagging NSFW material.

Pump.fun founder Alon addressed the issue in an X post on November 23. Alon claimed that the Pump.fun team has been actively moderating content on the sites since the launch days.

“We have a large team of moderators working around the clock and an internal team of engineers working to help us deal with the increasing scale of coins, streams, and comments,” Alon said in the post.

Although there is content moderation, Alon admitted it’s not perfect. Therefore, the founder urged users to report harmful content to Pump.fun’s support channels.