After months of hard work and collaboration with an incredible team, we’re thrilled to introduce
Pumpkin.
A protocol that revolutionizes token launches by aligning creator and user incentives, driving growth, and preventing rug pulls with fee sharing, staking, and milestone funding.
Before we dive into the details, let’s take a step back to explore the problem Pumpkin addresses and why it’s a game-changer.
The rise of meme tokens
Memes are nothing new in crypto however after the launch of pump.fun, it became extremely popular for anyone to launch a token in just a few clicks.
This led to an explosion of new meme tokens, with over $8 billion worth of tokens deployed through Pump.fun alone.
Despite this more than 99% of meme coin holders lose money.Often at the hand of token creators who rug tokens for short term gain.
Amid this chaos, one entity has consistently profited: Pump.fun, which has amassed $440 million in fees to date.
Frustration among users is at an all-time high, as evident in the flood of outraged comments on X.
The Problem
You might assume that Pump.fun could address this issue by sharing a portion of its revenue with users. While they do share a small fraction with tokens that transition to the Raydium DEX (0.5 SOL per $100), the amount is so negligible that it barely makes a difference.
To date, Pump.fun has shared just $8 million with token creators — an insignificant amount compared to the $440 million they’ve raked in.
You might wonder, “Why doesn’t Pump.fun simply share more revenue with its users?”
The reality is — they can’t. It’s not technically possible.
To understand why, let’s examine their revenue sources:
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Trading fees from the bonding curve.
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A 1.5 SOL fee for every token that migrates to Raydium.
Individually, these revenue streams are small, but with thousands of tokens being launched daily, the total quickly adds up. Even if Pump.fun decided to share more revenue with users, the portion from each token would be so small that it wouldn’t make a meaningful difference.
This is where Pumpkin comes in by offering.
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Token creator earns SOL on every trade.
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Token holders earn SOL by staking their tokens.
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Go viral with Pumpkin Milestones.
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Hold $PKIN token to get a share of every token launched on Pumpkin.
All of this is made possible through Pumpkin’s novel architecture that allows trading fee collection to continue even after a token graduates to Raydium.
To put this into perspective, take a look at the image below showing how much the $FARTCOIN creator and holders could have earned if it was launched using Pumpkin.
$4.1M in SOL to the token creator
$4.9M in SOL given to the holders
You might be wondering:
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How does all of this work?
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How does Pumpkin make money?
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What are Pumpkin Milestones?
In our upcoming explainer series, we’ll dive into these questions and explore everything in detail. Stay tuned!
Note:
Our comparisons are purely for demonstrative purposes to highlight differences, not to undermine accomplishments. We deeply respect what Pump Fun has achieved—they’ve been a significant source of inspiration for us in creating Pumpkin. Competition drives market evolution, and we believe we’ve built a product that stands out and can compete effectively.
Get updated
Here are some quick links to get updated on what’s happening in Pumpkin.
Website: https://pumpkin.fun/
Telegram: https://t.me/pumpkindotfun
Twitter: https://x.com/pumpkindotfun
