- Pump.fun has limited memecoin creators to just one post-launch change to fee recipient wallets.
- The platform aims to combat fee manipulation and “griefing” after tokens gain traction.
- The change follows broader efforts to rebalance rewards away from creators and toward traders.
- Platform fees and trading volume have declined significantly over the past year.
Pump.fun has introduced a new restriction limiting creator fee changes to just one alteration after launch. Co-founder Alon Cohen said the update aims to reduce “griefing” and other forms of fee redirection manipulation. Consequently, each token’s fee configuration becomes permanently locked after its single permitted change.
This follows a broader overhaul in January when the platform acknowledged its fee model skewed incentives. On Feb. 17, Pump.fun introduced “Cashback Coins,” requiring a locked fee model choice at launch. However, creators could still adjust specific recipient wallets and distributions post-launch.
The latest update narrows that remaining flexibility to a single post-launch recipient change. Early community reactions suggest the change may have limited impact. X user gake said it might not help much, while tom described it as a “drop in the bucket.”
Meanwhile, Pump.fun‘s fee revenue has declined from its peak. DefiLlama data shows January 2026 fees were $31.8 million, down about 75% from January 2025. February 2026 revenue was $25 million, down 66% from nearly $75 million the year before.
Trading volume has followed a similar downward pattern. The platform recorded monthly volume of over $11.6 billion in January 2025, which fell to about $2.1 billion in January 2026. Volume totaled about $1.91 billion in February 2026, down 68% from the previous year.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
