Solana memecoin launchpad Pump.fun’s monthly revenue fell to a 2025 low in July, signaling a sharp drop in the memecoin creation sector after months of declining interest.
According to data from DeFi analytics platform DefiLlama, Pump.fun
Solana memecoin launchpads see drops in daily traders and volume
Trading activity on Solana’s major memecoin platforms has similarly dropped.
On July 9, Pump.fun had a daily record of 346,000 traders and $348 million in volume. Its competitor, LetsBonk, recorded 208,000 traders and $503 million in volume.
On Monday, data from decentralized exchange aggregator Jupiter showed that Pump.fun had 129,000 traders and a $150 million volume, a 62% drop in daily traders and a 56% decline in 24-hour volume.
LetsBonk recorded 260,000 traders, up 25% from its July 9 record. However, its daily trading volume was $453 million, down nearly 10% since July 9.
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