Pump.fun, renowned for its innovative memecoin operations within the Solana network, is set to redefine its fee structure to enhance creator engagement. Co-founder Alon Cohen unveiled this strategic shift, marking a new direction for the platform, which recently hit a peak in daily token launches.
Pump.fun Overhauls Fee Model: What’s Changing?
The original Dynamic Fees V1 system, introduced in September under “Project Ascend,” aimed to boost creator earnings by implementing a tiered pricing approach. However, it fell short of transforming memecoin developer behaviors as intended. Alon Cohen has criticized the current fee model for incentivizing safe, low-risk token production, which led to the neglect of liquidity-centric trades.
Cohen stated that users powering transactions are the lifeblood of the platform, yet the incentives were not adequately aligned to support this dynamic. Thus, a new “fee-sharing” model is now being introduced. This innovative feature allows revenue distribution across multiple wallets while granting rights to tokens and updates post-launch.
Why So Many Tokens Now?
The revisions occurred during a noticeable surge in memecoin activity on Pump.fun. Recently, approximately 30,000 tokens were launched in a single day, marking a significant uptick in activity. This growth highlights the potential success of the revamped fee model.
Cohen emphasized that a “market-oriented” strategy would guide future initiatives. Instead of developers, investors and users who engage in transactions will now have a say in determining content creator fees. This shift aims to prioritize those providing liquidity in the ecosystem.
Looking towards 2026, platform leaders anticipate further modifications to favor long-term sustainability over short-lived spikes in activity, thereby reorienting the balance from mere speculation towards robust transaction volumes.
Key points from this shift include:
- Implementation of a “fee-sharing” feature to incentivize diverse token creation.
- Record-breaking token launch activity indicating strong engagement.
- Planned adjustments for a sustainable memecoin market by 2026.
Cohen’s approach underscores Pump.fun’s commitment to a thriving ecosystem by not only bolstering transaction volume but also ensuring market longevity. The revisions invite creators and users to participate in shaping a vibrant and responsive memecoin platform.
