
Pump.fun admits its creator fee model went too far - boosting token launches while hurting traders.
After a volatile few months, the Solana memecoin giant is reshaping incentives to protect liquidity and volume.
With creator fees changing, Pump.fun is hinting at a bigger shift tied to the future of the $PUMP token.
Pump.fun is changing how creator fees work after admitting the current system hurt traders.
Co-founder Alon Cohen posted on X that the Solana memecoin launchpad will overhaul its fee structure. The reason: Dynamic Fees V1 made it too easy to launch tokens and too hard to build real trading activity.
“Creator fees need change,” Cohen wrote.
He explained that the system, introduced months ago, encouraged low-risk coin creation instead of high-risk trading. Cohen called this “dangerous” because traders are the ones who bring liquidity and volume to the platform.
Early Success, Then Cracks Appeared
Dynamic Fees V1 started strong. New creators began launching tokens and livestreaming on the platform. Bonding curve volumes more than doubled during this period, which Cohen described as “some of the best on-chain conditions of 2025.”
But it didn’t last.
Creator fees helped Project Tokens with active teams behind them. For the average memecoin deployer, though, nothing changed. The platform also struggled with poor UX, forcing users into community takeovers and trust-based setups that often failed.
Pump.fun Creator Fee Sharing Goes Live
The first round of changes is now rolling out. Creators and CTO administrators can allocate fee percentages to up to 10 wallets after launch. Teams can also transfer coin ownership and revoke update authority.
Cohen said no one from Pump.fun will accept fees under any circumstances. He described the feature as “for trenchers.” Fees can be claimed at any time and never expire.
Pump.fun Fights to Stay on Top
The update comes after a rocky few months. Rival platform LetsBonk overtook Pump.fun in July on both volume and revenue. But Pump.fun fought back with PUMP token buybacks and its Project Ascend creator program.
The platform now controls around 75-80% of Solana memecoin launches.
Cohen hinted that big and exciting changes are coming but did not share details. He closed with one line about the future.
“I’m extremely excited for what 2026 holds,” he wrote.
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