In mid-August, Pump.fun, a launchpad for Solana-based memecoins, experienced its most lucrative revenue week of 2025 as the sector bounced back from a previous decline this month.
The DeFi data tracking platform DefiLlama reported that Pump.fun generated $13.48 million between August 11 and Sunday, marking its best weekly revenue since February.
This surge followed a significant revenue drop from July 28 to August 3, during which Pump.fun only garnered $1.72 million in weekly revenue, its lowest since March 2024. This downturn also led to the lowest monthly revenue for the platform in July.
The decline in revenue paralleled an overall downturn in the memecoin market. According to CoinMarketCap, on August 3, the memecoin sector dropped to a market cap of $62.11 billion, a 20% decrease from its $77.73 billion valuation on July 28, erasing nearly $16 billion in just one week.
Pump.fun weekly revenue data in 2025. Source: DefiLlama
Pump.fun regains top spot in Solana launchpad rankings
The revenue growth for Pump.fun coincided with an upswing in the broader memecoin landscape.
As per CoinMarketCap, the memecoin sector rebounded to approximately $75 billion on August 11 before decreasing to $70 billion by Sunday. Currently, memecoins are valued at a total market cap of $66 billion.
Along with achieving its highest weekly revenue, Pump.fun has regained its position at the top of the Solana memecoin launchpad rankings.
On July 7, a new Solana platform named LetsBonk took the lead in 24-hour revenue, surpassing Pump.fun.
Data from the Solana DEX aggregator Jupiter indicated that LetsBonk maintained its dominance throughout July, consistently capturing more market share than Pump.fun.
However, Jupiter’s metrics indicate that Pump.fun has reclaimed the No. 1 position. In the past week, it held a 73.6% market share and recorded a trading volume of $4.68 billion.
Moreover, data from Jupiter revealed that the platform engaged 1.37 million traders and facilitated over 162,000 token mints during the week.
Its closest competitor, LetsBonk, lagged behind with a 15.3% market share and a weekly trading volume of $974 million, along with 511,000 traders and just over 6,000 token mints.
Solana memecoin launchpad data. Source: Jupiter
Related: Nasdaq-listed firm slumps 50% on BONK memecoin treasury play
Pump.fun faces $5.5 billion lawsuit
Despite its regained momentum, Pump.fun is confronting legal issues. A class-action lawsuit filed on January 30 claims that the platform employed “guerrilla marketing” tactics to create artificial urgency around volatile tokens.
The lawsuit was amended on July 23, branding the memecoin launchpad as an “unlicensed casino.” The revised complaint alleged that Pump.fun’s structure operates like a “rigged slot machine,” wherein only the initial players profit by selling their tokens to later participants. The lawsuit asserts that investor losses have already reached $5.5 billion.
Nonetheless, the platform continues to thrive. A Dune Analytics dashboard indicates that Pump.fun’s lifetime revenue has already topped $800 million.
Solana Labs co-founder Anatoly Yakovenko shared insights on the platform’s potential, stating on Wednesday that it has the capability to develop a global streaming platform.
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