pump.fun vs other launchpads

Who earns Solana's launchpad fees right now

Fees paid on each Solana launchpad over the last 30 days, from DefiLlama's Launchpad category. This table refreshes about every two hours; the current read is from 2026-11-05 20:15 UTC.

Source: DefiLlama, Solana fees, Launchpad category, total $74.7M. Fees are what traders paid, not profit. Other chains are covered further down.

How to read these numbers

• Fees, not profit. DefiLlama’s figure is what traders paid in launchpad fees over 30 days. A launchpad that charges more per trade can earn more fees on less volume.
• Bonding-curve fees only, mostly. pump.fun’s row here is its curve; PumpSwap, its exchange for graduated coins, is counted separately by DefiLlama and isn’t in this table. Other launchpads send graduates to Raydium, Meteora or their own pools.
• Some rows overlap. OTC launches coins on pump.fun’s own curve and PumpSwap, and Graphite Protocol’s contracts sit under bonk.fun, so their fees partly double-count.

For the full history, see our launchpad dataset.

How the main rivals differ

Launchpad	How it works	Notable
pump.fun	Own bonding curve, graduates to its own PumpSwap; 1.25% per curve trade	Coins in SOL, USDC or, since 9 Sep 2026, custom pairs such as tokenized stocks
StonkFun	Coins paired with tokenized stocks (xStocks), on Raydium LaunchLab curves	Pulled volume from pump.fun in early September 2026 (The Block); pump.fun launched custom pairs on 9 September. DefiLlama shows StonkFun’s 30-day volume down about 82% by 4 Nov 2026. The stonk.fun domain didn’t resolve on 4 Nov 2026
Raydium LaunchLab	Raydium’s bonding-curve engine; graduates to Raydium pools	The engine under bonk.fun, StonkFun and Sapling. Referrers earn 0.1% of trade value via share links
bonk.fun (letsbonk)	BONK community launchpad on LaunchLab	Its real domain was hijacked on 11–12 March 2026 to serve a wallet drainer (The Block)
Meteora DBC	A white-label “dynamic bonding curve” other apps plug into	Minimum fee 0.25%; integrators get 20% of the protocol fee
Bags	Creator-royalty launchpad	2% per trade, split between the platform and the creator
Jupiter Studio	Jupiter’s launchpad, Meteora pools	1% fee, half to the creator; tiny volume
Believe	“Reply to a tweet” launches	Offline: believe.app returned 402 DEPLOYMENT_DISABLED on 4 Nov 2026

Fee and referral details for rivals come from their own sites and docs as checked between October and November 2026; they change often.

Other chains

The table above is Solana only. DefiLlama’s all-chain launchpad category, read on 4 November 2026 (30 days):

Launchpad	Chain	30-day fees	Note
Flap.sh	BNB Chain (also X Layer, Monad, Robinhood Chain)	$24.26M	Second-largest launchpad worldwide; its fees include token taxes, so they aren’t directly comparable
Pons V2	Robinhood Chain	$12.22M	Volume down about 90% on the previous 30 days
clanker	Base	$0.90M	1% LP fee plus a 20% surcharge
four.meme	BNB Chain	$0.15M	1% curve fee; volume down about 60%
ZORA Coins	Base	$4.6K	Effectively collapsed

Across all chains, pump.fun’s curve had about 48% of launchpad fees in the same window. pump.fun’s app can also trade some of these chains’ coins; see EVM and Robinhood Chain.

What this means if you trade

• Scale isn’t safety. pump.fun’s lead means more coins, more liquidity and more scams. The base rates are the same everywhere: most launchpad coins fail and most lose most of their value.
• Lookalikes. Unofficial sites borrow pump.fun’s name, such as pumpinhood.fun and pumprobin.fun on Robinhood Chain. Use our official links.
• Costs differ. Compare per-trade fees before you trade; see what a pump.fun trade costs.