- Pump.fun's revenue fell to $24.96 million in July.
- This is only slightly higher than the revenue of the newer project, letsbonk.fun.
- The number of active addresses and the trading volume on both platforms are also decreasing.
- This may indicate a general decline in demand for memecoins, as the sector's market cap has fallen sharply in early August.
In July, pump.fun's monthly revenue was $24.96 million, according to DeFiLlama. This marked a new low for 2025.
The platform launched in January 2024. A year later, amid the excitement following the token launches by US President Donald Trump and his wife, the platform's income reached an all-time high (ATH) of $137.12 million.
The July value is nearly 82% below the ATH. The project's income has steadily declined since January, except for a small increase in April:
Other metrics also point to fading interest in the project. In particular, daily trading volume has been steadily declining since early July:
The decline in pump.fun's performance may reflect a broader trend in the memecoin sector. According to CoinMarketCap, the segment reached a market cap of $85 billion and trading volume of $17.2 billion in July.
However, these figures subsequently fell to $65.5 billion and $5.5 billion as of August 4, 2025, representing declines of 23% and 68%, respectively.
The situation is similar for letsbonk.fun. In July, the site's income was $22.95 million, according to DeFiLlama. The site's average daily income in July fluctuated between $600,000 and $700,000 but fell below $500,000 in early August.
