A user on the Pump.fun platform has earned $93,780 in just three weeks, thanks to a new revenue-sharing feature for token creators.
The “meme coin factory” introduced the programme last month. Under this initiative, 50% of the revenue generated by each token is directed to its developer. According to Dune, a total of $2.9 million has been paid to coin creators over the past three weeks.
The largest sum—$93,780—was received by a wallet behind the meme coin MOONPIG. In May, the coin’s market capitalisation soared to $125 million, but has since corrected by 71% to $35.8 million, according to CoinGecko.
The address earned a commission from each token transaction. A 0.05% trading volume fee in SOL was transferred to the developer if the transaction occurred via the DEX PumpSwap.
Besides MOONPIG, the user created two other tokens that did not gain widespread popularity, distinguishing them from the second-highest earning creator. This address issued 320 different coins, none of which exceeded a market capitalisation of $7,000, yet earned $73,300. The user repeatedly generated tokens with identical names and images, such as Moontrump, Solana Doge, and Yeezy Coin.
Each of the top 25 coin developers on Pump.fun earned more than $12,900. This group includes authors of successful projects like Housecoin, Gork, and XBT, as well as wallets that mass-produce tokens—one of which created over 500 coins.
“We are witnessing the emergence of new behavioural models on the platform as a direct result of implementing revenue sharing with authors,” stated Pump.fun co-founder Alon Cohen.
He cited the example of the token Not in Employment, Education, or Training (NEET), whose team used the commissions received to fund a protest.
A GROUP OF NEETS PROTESTED EMPLOYMENT AND EDUCATION ON WALL STREET
5.20.2025 pic.twitter.com/RaVYYChkAh
— Neet (@neet_sol) May 21, 2025
This contributed to a 140% rise in the token, with its market capitalisation reaching $14.6 million, although it remains 39% below its all-time high. At the time of writing, NEET’s market value stands at $4.1 million.
A NEET community representative, known as Primed, confirmed that the protest was partially funded by Pump.fun revenues. Cohen expressed hope that this is just the first of many creative ways creators will use their earnings to promote their tokens.
“We are still at the beginning of improving long-term incentives for creators and traders,” added the co-founder of the meme coin platform.
Back in May, a researcher known as Naveen_0505 claimed that a “bot army” on Pump.fun accounts for 60-80% of the trading volume of certain coins to create FOMO and drive up prices.