- In July 2025, the income of pump.fun dropped to $24.96 million, marking a new low for the year.
- The decline in active addresses and trading volume on pump.fun and letsbonk.fun suggests a waning interest in meme coins.
- The market capitalization of the meme coin sector saw a sharp decrease at the start of August 2025.
- DeFiLlama reported that pump.fun’s income has been steadily declining since its peak in 2024.
Income Decline for Pump.fun Hits New Low in 2025
In recent developments within the cryptocurrency sector, especially focusing on meme coins, pump.fun has recorded its lowest income figures for 2025. According to DeFiLlama, the platform’s revenue dropped to $24.96 million in July, which represents a stark contrast from its all-time high (ATH) of $137.12 million achieved amid the enthusiasm surrounding token launches by former U.S. President Donald Trump and his wife.
Declining Metrics Across Platforms
The decrease is not isolated to just revenue. Other metrics such as daily trading volumes have also been on a downward trend since early July. Reports from Dune Analytics indicate a consistent decline in trading activity on pump.fun.
Similarly, letsbonk.fun also faced challenges with its revenue reaching $22.95 million in July, as per DeFiLlama. The daily average income fluctuated between $600,000 and $700,000 during this period but fell below $500,000 at the start of August.
Meme Coin Sector Under Pressure
The broader meme coin market appears to be under pressure too. CoinMarketCap data shows that while the sector’s capitalization was at $85 billion with a trading volume of $17.2 billion in July, these numbers fell sharply by August 4th to $65.5 billion and $5.5 billion respectively—a significant drop indicating decreased investor interest.
Potential Causes and Market Implications
Several factors may be contributing to this downturn: investor fatigue with speculative tokens and shifting focus toward more stable assets could be influencing these trends. Additionally, after pump.fun’s substantial token sale raising $500 million earlier this year, there was an unexpected crash in PUMP token prices soon after.
These developments suggest that participants are becoming more cautious about where they allocate their resources within the crypto space.
Overall, while these platforms once thrived during periods of heightened speculative activity fueled by social media hype and celebrity endorsements, it’s clear that sustaining such growth is challenging amidst evolving market dynamics.
