Pump.fun adds creator-fee sharing as Solana memecoin launches near 30,000/day
Pump.fun changed its creator-fee model after Dynamic Fees V1 encouraged large numbers of low‑risk token deployments rather than trading activity. The Solana memecoin launch platform saw nearly 30,000 token launches in a single day, a sharp rise that exposed misaligned incentives. The update lets creators split fees across up to 10 wallets, transfer token ownership, revoke update authority post‑launch, and set fee rates after deployment to formalize revenue sharing. Pump.fun said future iterations will allow trader input on which token narratives qualify for creator fees, shifting reward power toward investors and active traders who provide liquidity. Co‑founder Alon Cohen signaled additional adjustments are planned to rebalance creator earnings with market‑oriented incentives and promote longer‑term sustainability as activity increases into 2026. For traders, the changes aim to prioritize liquidity and trading engagement over quick deploys, which could increase on‑chain volume for tokens that attract real trading interest.
Neutral
The update is unlikely to have a directly bullish or bearish effect on SOL price itself; it primarily changes how revenue and incentives are distributed on a memecoin launch platform running on Solana. In the short term, the announcement may increase trading activity for newly launched memecoins that implement fee-sharing structures, benefiting tokens that attract real liquidity and engagement. Conversely, projects that relied on quick deploys for attention may see reduced issuance or lower developer yields, which could temper speculative minting. Over the medium to long term, aligning creator fees with liquidity provision and trader voting can encourage higher‑quality launches and more sustained on‑chain volume. That could improve market health for Solana‑based tokens broadly, but it does not directly translate into a clear price move for SOL itself, hence a neutral classification.