📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
Pump.fun is preparing to raise 1 billion USD, valuing the platform at 4 billion USD.
According to a report from Blockworks on June 3, Pump.fun – the platform for launching memecoin on Solana – is planning to raise 1 billion USD through a token sale, with a fully diluted valuation of (FDV) being 4 billion USD.
Sources indicate that this offering will target both public and private investors. However, it is currently unclear whether the new token will be launched on the Pump.fun platform itself or elsewhere, and there is also no detailed information about the structure of the sale. As of the time of publication, Pump.fun has not made any official comments.
Impressive revenue and product expansion roadmap
Pump.fun allows users to create tokens on Solana (SOL) instantly without incurring initialization costs. According to data from the Dune dashboard compiled by user adam_tehc, nearly 11 million tokens have been created on this platform.
Since its launch in January 2024, Pump.fun has generated over 732 million USD from fees. Despite the increasingly fierce competition in the token launch field, this platform continues to expand its product ecosystem.
On March 22, Pump.fun launched PumpSwap to retain liquidity instead of letting it flow to Raydium – another DEX on Solana. In less than two months, the total value locked (TVL) on PumpSwap has surpassed 100 million USD.
On May 12th, Pump.fun continues to implement the reward program for token creators, allowing them to receive 0.05% of the trading volume on both Pump.fun and PumpSwap as rewards in SOL.
Data from DefiLlama shows that the total trading volume on the two platforms has reached nearly 18 billion USD in May. If the above reward program were fully implemented throughout the month, token creators could have received a total of 9 million USD in rewards.
Thach Sanh