Pump.fun has torched roughly $370 million worth of <a class="ticker-mention" href="/en-US/token/pump">$PUMP</a> tokens — around 36% of circulating supply — and paired the move with a 1-year buyback and burn program that directs 50% of net revenue toward purchasing and destroying additional supply. The dual mechanism is one of the most aggressive deflationary commitments seen from a meme launchpad to date.
The announcement lands as competition in the Solana launchpad space heats up. Pump.fun still dominates on fees — $24.8M over the past 30 days — but Bags ($1.46M), Bonk.fun ($888K), Printr ($462K), and LaunchLab ($61.8K) are all active and growing. Printr in particular is drawing attention with its Proof of Belief Staking model and institutional backing from Bybit and Mantle.
Whether a burn of this scale is enough to cement Pump.fun's lead long-term remains the key question. Staking innovations and exchange partnerships give challengers a…
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