Pump.fun to revamp creator fee model with fee sharing and new controls

Pump.fun co-founder Alon Cohen said the Solana-based memecoin launchpad is overhauling its creator fee system after concluding the existing model may have skewed incentives. Cohen wrote that the Dynamic Fees V1 system, introduced several months ago, did drive activity but “failed to produce sustainable market behavior,” encouraging low-risk token creation at the expense of high-risk trading.

He described that outcome as “dangerous,” saying traders are the core source of liquidity and volume on the platform. According to Cohen, the initial rollout showed early promise: within weeks, new creators began launching tokens and livestreaming, producing what he called some of the strongest onchain conditions of 2025 and more than doubling Pump.fun’s bonding curve volumes, per charts he shared.

The subsequent surge proved short-lived and exposed structural weaknesses; Cohen said creator fees often incentivized minting tokens rather than building liquid markets and that the platform “so far fails at providing a good user experience,” at times requiring users to CTO [Community Takeover] coins and trust others to fulfill promises.

In a series of posts, Pump.fun outlined a first phase of changes that introduces creator fee sharing — allowing creators and CTO administrators to allocate specific percentages of fees to up to 10 wallets after launch — and new controls for teams to transfer coin ownership and revoke update authority.

Key Topics

Crypto, Pump.fun, Alon Cohen, Solana, Pump Token, Memecoin Launchpad