For the first time, Pump.fun isn’t the top dog in daily memecoin launchpad revenue. Flap, a multi-chain platform built initially on BNB Chain, pulled in roughly $1.18 million in 24-hour protocol revenue, narrowly beating Pump.fun’s $1.13 million, according to DefiLlama. How Flap closed the gap Flap launched around June 2024 with a focus on BNB Chain and has since expanded to other networks including X Layer and Robinhood Chain. Its core appeal lies in two mechanics that differentiate it from the standard bonding-curve launchpad model: Player vs. Player duel functionality and activation thresholds set notably low, with duel matches kicking in at market caps as small as $24K. Pump.fun, for context, has generated over $1 billion in cumulative revenue since launching on January 19, 2024. That’s a staggering figure for a platform that essentially lets anyone create a token in seconds. Flap’s single-day win doesn’t erase that kind of lead. Pump.fun isn’t standing still Pump.fun now operates PumpSwap, its own automated market maker, which keeps liquidity and trading fees within its ecosystem rather than routing them to third-party DEXs. Pump.fun has also rolled out a creator revenue-shari...
Flap overtakes Pump.fun in daily revenue with $1.18M, marking a shift in the memecoin launchpad wars
1 month ago
23
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