Almost all traders on Pump.fun yield earnings below $10,000, with an impressive 99.6% failing to surpass this figure.
Pump.fun, a popular platform for memecoin launches, has shown robust revenue generation, with nearly $400 million earned as of January 2025. However, the success rate of traders on the platform is low, with only 0.412% of traders earning more than $10,000 in profits.
Gains over $1 million are even rarer, claimed by just 293 wallets or about 0.00217% of users. Analysts acknowledge challenges in gauging successful deals due to the method of accounting for profits on Pump.fun. Some claim the data provided does not reflect all profits, particularly from coins integrated with Raydium.
The data provided does not specify the timeframe for the profit calculations, and the exact amount of USDC generated is not specified. Out of more than 2 million tokens launched on Pump.fun, only 92 had a market capitalization surpassing $1 million.
Despite these low success rates, the memecoin sector as a whole remains profitable in 2025. According to ChainPlay data analyzed by NFTEvening, the average profit and loss (PnL) among surviving tokens is 33.08%. This contrasts with the 2024 meme coin market’s earlier hyper-volatility, which has transitioned to a more fragmented, utility-driven phase with moderate, risk-adjusted returns.
In 2025, Pump.fun launched 36,405 new meme tokens daily, a threefold increase from 2024. However, the memecoin market has experienced heightened volatility, with the overall market cap sliding from $137 billion down to $92 billion in December 2024.
While almost all meme tokens launched on Pump.fun fail (97% defunct rate), some related memecoin projects have demonstrated notable capital inflows. For example, $MEMEX raised over $4.2 million with high APYs surpassing 540% on staking offerings, highlighting opportunistic gains for some participants despite the risky nature.
In summary, while the success rate of traders on Pump.fun is low, the overall memecoin market remains one of the only profitable crypto sectors in 2025. Despite the high failure rates for individual tokens, the market focuses more on utility and trust rather than hype. This contrasts with the earlier hyper-volatility of the memecoin market, which has transitioned to a more stable, utility-driven phase with moderate, risk-adjusted returns.
- Some traders might seek to diversify their investments, venturing into other sectors like finance, given the low success rates in memecoin investing on platforms such as Pump.fun.
- The profitability of the memecoin market in 2025, despite the low success rates in individual memecoin investing, has sparked interest among investors looking for utility-driven, risk-adjusted returns in their investments.