Pump.fun co-founder Alon Cohen laid out the strategic vision for the platform’s mobile and social trading app on September 29, describing a fee structure that effectively rounds to zero on Solana trades. The pitch is straightforward: make trading so cheap that fees stop being a reason anyone hesitates to hit the buy button. Cohen emphasized that the app is designed to boost the visibility and distribution of tokens launched on Pump.fun, but not at the expense of walling off competing ecosystems. Users should be able to chase “any opportunity onchain,” he said, regardless of which chain or launchpad minted the token. The fee breakdown On Solana, the platform targets approximately 0% trading fees. For crosschain trades, fees sit at roughly 0.1%. Some prior reporting on Pump.fun’s fee structure has cited rates as low as 0.05% in certain contexts, suggesting the platform has been inching toward this near-zero destination for a while. Token creation on the platform remains free as well, excluding the standard network fees that Solana charges for any on-chain transaction. The bonding curve model that Pump.fun uses for token launches, where price rises algorithmically as more tokens are p...
Pump.fun co-founder outlines near-zero-fee app for token distribution
1 month ago
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