Pump.fun Records Highest Monthly Revenue in History, Made $82.78M in November

The meme coin launchpad made a revenue of $82.78 million in November, soaring 207% from the month prior.

Pump.fun, a meme coin launchpad, has recorded its highest monthly revenue in November, clocking in at $82.78 million, a 207% increase from the previous month, as per data from DeFi Llama.

The platform's November revenue, which contributes over 35% to its total earnings, is bound to increase further as the month is not yet over.

Pump.fun's highest monthly revenue comes amid a surge in user activity and transaction volumes on the platform, with November seeing a massive uptick compared to October's monthly revenue of $30.5 million.

As per data from Dune, the platform, which is widely known as the meme coin marketplace, also saw a record number of token launches on November 20 this year, with 69,046 Solana (SOL)-powered tokens being launched. Additionally, pump.fun has seen a total volume of $4.15 billion in the past two weeks.

Despite the evident jump in user activity on the site, pump.fun has recently faced criticism for its livestream feature, which has been used by coin developers to broadcast harmful content, including self-harm and other dangerous acts.

Following the onslaught of online complaints and concerns, pump.fun's livestream feature, which was launched on the site in August 2024, has been disabled.

The team acknowledged the community's concern and enacted additional measures to ensure user's safety, which include removing inappropriate content and flagging NSFW materials.

In an X post on November 23, pump.fun's founder, alon, addressed the issue, stating that the pump.fun team has been actively moderating content on the sites since its launch days.

"We have a large team of moderators working around the clock and an internal team of engineers that's working on helping us deal with increased scale of coins, streams, and comments," said alon in the post.

Despite the fact that there is content moderation, alon admitted that it isn’t perfect. Therefore, the founder urged users to report any harmful content to pump.fun's support channels.