PUMP — Pump.fun Launchpad Token
PUMP is the native token of Pump.fun, the Solana launchpad that made it possible for anyone to create an SPL token in seconds.
About Pump.fun
PUMP is the native token of Pump.fun, the largest memecoin launchpad on Solana. Pump.fun launched in early 2024 and fundamentally changed how SPL tokens are created: instead of requiring a team, a presale, and a liquidity pool, Pump.fun lets anyone launch a token in seconds using a bonding curve. When a new token reaches a market cap threshold on the bonding curve, its liquidity migrates to a traditional AMM — usually PumpSwap (Pump.fun's own DEX) or Raydium — and the token becomes freely tradable. This launch model enabled thousands of new Solana tokens per day and made Pump.fun one of the highest-revenue applications in crypto, with daily fee revenue regularly exceeding that of major DeFi protocols. PUMP launched in 2025 as the platform's native token, distributed through a public sale and airdrops to Pump.fun users.
Supply, distribution, and tokenomics
PUMP has a large total supply and a distribution structured around platform participants. A meaningful share was distributed via a public sale and through ongoing airdrops to active Pump.fun users — traders who had used the platform to launch or trade tokens. Team, investor, and treasury allocations are subject to vesting schedules. PUMP's value is tied to the volume of activity on Pump.fun and its associated DEX, PumpSwap: platform fees are generated when users launch tokens, when they trade on the bonding curve, and when they trade on PumpSwap after a token graduates. A portion of these fees funds the treasury that supports PUMP's economics. As of 2026, Pump.fun remains the dominant Solana launchpad by daily launches and by aggregate trading volume.
Use cases and ecosystem
PUMP has three roles. First, it is a platform token: holding PUMP is a way to express exposure to Pump.fun's fee revenue and to the broader Solana launchpad category. Second, it is used for incentives: Pump.fun has used PUMP distributions to reward active users, and to incentivize trading on PumpSwap. Third, PUMP is a liquidity provider asset in selected PumpSwap pools. For most users, PUMP is a way to hold exposure to the momentum of Solana's launchpad and memecoin-launch segment rather than to a specific memecoin. Because Pump.fun's revenue is directly tied to how many new tokens launch and how much trading occurs on the platform, PUMP's price tends to correlate with Solana memecoin market activity.
How to buy PUMP on Solana
To buy PUMP on Solana, connect a Solana wallet to SwapKing, select SOL or USDC as the input token, select PUMP as the output, enter the amount, and click Swap. PUMP/SOL is one of the highest-volume SPL token pairs on Solana, with liquidity concentrated on PumpSwap and Raydium, so slippage for retail-sized swaps is typically under 1%. PUMP is also available on centralized exchanges including Binance, Coinbase, and OKX. The Solana mint address for PUMP is pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn — always verify this before swapping, because fake PUMP tokens exist on Solana.
Risks and considerations
PUMP's value depends on Pump.fun's continued dominance in Solana memecoin launches. Several factors could erode that position: competing launchpads like BONK.fun and Believe have emerged; a shift in Solana memecoin activity away from bonding-curve launches toward other models would reduce Pump.fun's fee revenue; and regulatory scrutiny of memecoin launchpads could affect operations. PUMP is also subject to ongoing vesting unlocks from team, investor, and treasury allocations, which adds circulating supply over time. Because PUMP's revenue depends on memecoin market activity, its price tends to amplify the swings of the underlying Solana memecoin market. SwapKing is non-custodial and does not manage any of these risks.
Where to go next
Swap PUMP on Solana directly on this page. For a deeper look at the PUMP market, review the SOL to PUMP and PUMP to SOL pair pages. For context on how Solana prices and routing are measured, see Methodology. If you are new to Solana, start with How to Swap Tokens on Solana.
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Frequently Asked Questions
What is PUMP?
PUMP is the native token of Pump.fun, the largest Solana memecoin launchpad. It launched in 2025 and is tied to Pump.fun's platform fee revenue.
What is Pump.fun?
Pump.fun is a Solana launchpad that lets anyone create an SPL token in seconds using a bonding curve. It launched in early 2024 and is one of the highest-revenue applications on Solana.
What is the PUMP mint address on Solana?
The Solana SPL mint address for PUMP is pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn. Verify before swapping.
Does PUMP pay revenue to holders?
Not directly. A portion of Pump.fun platform fees funds the treasury that supports PUMP's economics. PUMP holders do not receive direct dividend payments.
What is PumpSwap?
PumpSwap is Pump.fun's native DEX. Tokens launched on Pump.fun typically migrate to PumpSwap (or Raydium) once they reach a market cap threshold on the bonding curve.
Is PUMP safe?
PUMP is a platform token with no guaranteed value. Its price depends on Pump.fun's continued dominance in Solana memecoin launches. SwapKing does not guarantee the safety of any SPL token.