Pump.fun reported $7.2 million in protocol fees from Bonding Curve, PumpSwap, and Terminal for the week ending July 5. The platform has allocated 50% of net fees for a programmatic buyback and burn of PUMP tokens, executed through locked smart contracts. Over the past week, $3.7 million worth of PUMP tokens were bought back and burned, contributing to a total of 41.8% of the circulating supply being removed from circulation to date.
Pump.fun Generates $7.2 Million in Weekly Fees, Initiates PUMP Buyback
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