Pump.fun surpasses Ethereum on daily fee generation

By: bitcoin ethereum news|2025/05/05 17:00:01
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Pump.fun consistently achieves higher daily fees compared to Ethereum, despite the size and legacy status of the L1 chain. The meme token platform benefited from new meme trends, while Ethereum draws in low fees from direct usage and from L2 settlement. Pump.fun captured $294M for 2025 to date, after several meme trends took off and creators returned. The platform also returned its streaming feature for top creators, and got a boost from its native DEX, PumpSwap. Since its inception, Pump.fun regularly surpassed Ethereum in the short term. Now, the accumulated difference is even larger. The Ethereum chain received around $248M from transaction fees, including direct usage for token transfers, and any remaining rent paid by L2 protocols. As a result, Ethereum remains important for large-scale whales, but its daily fees to validators are only around $365,515. Most of the fees in the ecosystem are produced by apps and retained by the app team, while validators still rely on the block reward. Pump.fun remains top 5 fee producer The meme token platform is also solidly within the top 5 of fee producers, with over $2.88M in daily inflows. The meme platform team continues to cash out regularly, sending SOL to centralized exchanges. At the same time, the entire Solana chain produces around $1.28M in daily fees, rising above $1M on average in the past two weeks. The meme ecosystem mostly boosts the fees for DEXs and aggregators, with only a fraction going to Solana validators. The activity on Pump.fun was often singled out as extracting value from Solana’s ecosystem. However, the usage of meme tokens and DEX activity is boosting Solana fees. The platform and its DEX are one of the biggest gas burners on Solana, returning up to $2.7M in weekly fees to validators. PumpSwap already carries around 6.8% of the chain’s DEX activity, bringing additional fees to Jupiter, Jito and the basic L1 layer. The recent growth follows the expanded trading volume, up by 37% in the past month. The platform handled $5.7B in the past 30 days, based on new launches and native trading. Pump.fun also hosted over 156K daily active users, up more than 18% in the past month. Compared to the recent lows, where only 1,000 addresses created tokens, the platform’s activity has grown nearly 10 times. A total of 9,526 addresses launched new tokens. Daily new launches ranged from 25,000 to 36,000 new memes, returning to levels not seen since Q4, 2024. Can Ethereum regain a meme token advantage? Ethereum was the original network for meme token launches. However, the chain’s gas fee structure meant any increased activity would also make swaps prohibitive. Solana’s low fees leveled the playing field, achieving much faster turnover and wider adoption. On Ethereum, new protocols are testing the waters with extremely cheap token mints. However, Base has already established itself as the meme token platform for Ethereum. Solana also takes 94.5% of meme trading volumes, with over $10B in monthly swaps. Ethereum still trades only $360M in stablecoins on decentralized exchanges. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now Source: https://www.cryptopolitan.com/pump-fun-surpasses-ethereum-daily-fee/

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On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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