e6fc81658f
- Source: inbox/archive/2026-03-00-solana-launchpad-competitive-landscape.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 3) Pentagon-Agent: Rio <HEADLESS>
30 lines
1.6 KiB
Markdown
30 lines
1.6 KiB
Markdown
---
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type: entity
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entity_type: company
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name: Pump.fun
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domain: internet-finance
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status: active
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tracked_by: rio
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created: 2026-03-11
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key_metrics:
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total_revenue: "$700M+ (since January 2024)"
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tokens_launched: "11M+"
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market_share_peak: "70% of Solana token launches"
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survival_rate: "<0.5% at 30 days"
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---
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# Pump.fun
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Pump.fun is the dominant permissionless token launchpad on Solana, representing the extreme end of the curation-permissionless spectrum. The platform uses a bonding curve model (1B tokens per launch, 800M to bonding curve) and has generated $700M+ revenue since January 2024 despite achieving <0.5% 30-day token survival rate.
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The platform's business model optimizes for launch volume and trading fees rather than project quality, serving speculative traders seeking lottery-ticket exposure. At peak, Pump.fun facilitated 70% of all Solana token launches.
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## Timeline
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- **2024-01** — Platform launch, bonding curve model introduced
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- **2025** — Facilitated majority of 9M+ Solana token launches, achieved 70% market share at peak
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- **2026-03** — Cumulative metrics: $700M+ revenue, 11M+ tokens launched, <0.5% 30-day survival rate
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## Relationship to KB
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- Represents permissionless extreme on [[futarchy-governed permissionless launches require brand separation to manage reputational liability]] spectrum
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- Validates [[cryptos primary use case is capital formation not payments or store of value]] through massive launch volume
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- Competitive contrast to [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]]
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