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Boop.Fun leading the way with a new launchpad on Solana.
very rough math, but if:
- SOL REV is ~2x pump's current fee run rate
- SOL REV is ~1/2 from a pumpfun or pumpswap trade
does that imply pump is at ~50/50 margins, & would ~2x revenue w/ its own chain?
exact split matters a lot here, curious if anyones run #s in more detail
12.7. klo 23.31
How successful has @pumpdotfun been for Solana?
Looking at just transaction fees on Solana, about 50-70% of transaction fees contain either a pumpfun or PumpSwap trade.
Not only has @pumpdotfun been the largest revenue-generating app on Solana in the past year, but it has also been a major driver of Solana's REV resurgence over the past 18 months.
The big jump in March was due to the release of PumpSwap, which saw bonded tokens graduate to PumpSwap rather than Raydium.
*This calculation excludes out-of-protocol tips such as Jito, which contribute about 50% to Solana's REV.
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