Pump.fun has become the first platform on the Solana blockchain to surpass $1 billion in cumulative revenue since launching in early 2024, as domain records show subdomains referencing four additional blockchain networks amid potential cross-chain expansion.
The memecoin launchpad has generated $98.3 million in earnings so far in 2026, following $664 million in 2025, and $321.3 million in its first year of operation, according to DefiLlama data. That brings its total cumulative earnings to approximately $1.08 billion.
The milestone places Pump.fun ahead of several larger Solana ecosystem players by cumulative revenue. Jupiter, the decentralized exchange aggregator, has recorded $401.3 million in earnings since inception, while Raydium, the automated market maker, shows $126.9 million in cumulative earnings, with $668.6 million in token holder net income.
Pump.fun has paired its earnings growth with a PUMP token buyback program, allocating nearly all protocol revenue toward repurchases. On March 11, the platform executed a buyback worth approximately $1.25 million, representing 99.93% of the prior day’s revenue, according to Pump.fun’s fee dashboard.
Since the program began, the platform has purchased roughly $323.4 million of PUMP tokens, removing 28.8% of the circulating supply from the open market. PUMP has a total supply of 1 trillion tokens.
Despite the scale of the buyback program, PUMP trades below its initial coin offering price of $0.004 and remains well off its all-time high of $0.0088, according to The Block’s PUMP price page.
Potential cross-chain expansion
The revenue milestone comes as public domain records show subdomains for Pump.fun referencing Ethereum, Base, BSC, and Monad, according to data flagged by Solana Floor. The platform also removed Solana as its location from its X profile. The Block reached out to Pump.fun for comment.
These activities follow a series of product expansions by Pump.fun.
The platform added support in recent months for tokens created on rival Solana-based launchpads, including Raydium and Meteora, directly within its mobile application, and also acquired Vyper, a cross-chain trading terminal.
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