TLDR
- Pump.fun is reportedly developing an incentive program that rewards users with $PUMP tokens based on trading activity.
- Recent SDK updates include tools for setting reward parameters and tracking user trading volumes.
- The $PUMP token surged 17% following speculation about the upcoming incentive rollout.
- A test file in the SDK referenced one billion $PUMP tokens per day, though the amount is likely placeholder data.
- The platform has not yet activated the reward features and has made no official announcements.
Pump.fun is preparing a new incentive program that could distribute $PUMP tokens based on user trading volumes. This development follows recent updates discovered in the platform’s software development kit (SDK). The PUMP token rose by 17% amid speculation surrounding this unreleased feature.
Pump.fun Incentive Plan Found in SDK Update
Pump.fun integrated new admin features into its SDK, allowing parameters for user rewards and trading volume tracking. These features include methods for users to claim $PUMP tokens as incentives for trading on the platform. The SDK also shows functions for monitoring trading activity connected to bonding curve participation.
1/ It appears that @pumpdotfun is preparing to launch a volume incentives program that will last at least 30 days, with $PUMP as the rewards token
👇
— Dumpster DAO (@Dumpster_DAO) July 26, 2025
The program structure appears designed to operate in 30-day cycles but may be updated for future extensions. According to the researcher Dumpster DAO, a test file mentions daily allocations of 1 billion PUMP tokens. However, this data likely serves as a placeholder and may not reflect actual distributions.
Pump.fun has not yet activated these features, and no official statement has confirmed the reward program. Nevertheless, these changes suggest a shift toward regaining market share through user incentives. The recent SDK modifications indicate an internal push to increase platform engagement.
LetsBONK Surpasses Pump.fun in Market Share and Revenue
Pump.fun has lost ground to rival meme coin launchpad LetsBONK, which focuses on the Solana-based BONK ecosystem. Since July 5, LetsBONK has led the market, holding 84% share compared to Pump.fun’s 12%. The performance gap also extends to revenues across Solana meme coin platforms.
On July 25, LetsBONK recorded $1.3 million in revenue, while Pump.fun earned just $254,000. This revenue lead has remained consistent since early July, highlighting Pump.fun’s market challenges. Pump.fun now appears to be reacting with the introduction of this new incentive model.
The competition has intensified as meme coin projects seek to retain users. While Pump.fun explores internal changes, LetsBONK continues to attract growing trader activity. The incentive rollout could mark a strategic shift for Pump.fun in this evolving market.
PUMP Token Rebounds Following Price Drop
The PUMP token declined over 50% after its ICO, falling below its $0.004 launch price. It initially peaked at $0.0067 but faced pressure from unmet expectations about a planned airdrop. Project head Alon Cohen later announced that the airdrop would not happen soon, affecting investor confidence.
Since then, PUMP’s price remained low until recent speculation drove a 17% jump. The anticipated reward program appears to have triggered this short-term recovery. Pump.fun’s upcoming feature could continue influencing token performance if officially launched.
