The cryptocurrency market is quickly gaining traction and a growing number of users every day, making it increasingly difficult to keep up with all of the news. Meme coins are springing up at an alarming rate, which only complicates things further! New tokens appear and quickly pump up just to drop again or go to zero. For those new to this crazy world, it can be increasingly challenging to navigate and separate the short-term hype from what may be a more legitimate project that may have at least some long-term use case. In contrast, ecosystems that can handle massive activity and maintain market stability stand out the most – Solana is one of them.
So what is Solana in the crypto world? Solana is a network that has already been shown to be reliable through years of operation, routing millions of transactions every day unlike many networks that are crashing under every new influx of traffic during a hype cycle. Solana has become a trusted platform for everything from the casual meme or daily trader, to large enterprises and projects. Stability under heavy loads, low transaction fees, and high throughput make Solana optimal for new token launches. Pump.fun is a code-free launchpad on the Solana blockchain, allowing anyone to quickly spin up a token and create a marketplace for a meme coin.
So what is Solana in the crypto world? Solana is a network that has already been shown to be reliable through years of operation, routing millions of transactions every day unlike many networks that are crashing under every new influx of traffic during a hype cycle. Solana has become a trusted platform for everything from the casual meme or daily trader, to large enterprises and projects. Stability under heavy loads, low transaction fees, and high throughput make Solana optimal for new token launches. Pump.fun is a code-free launchpad on the Solana blockchain, allowing anyone to quickly spin up a token and create a marketplace for a meme coin.
In this tutorial, we will examine how Pump.fun works. We will examine how its bonding curve and liquidity mechanics work, provide a step-by-step tutorial for creating your own meme coin, and discuss where the PUMP token fits into the picture.
The Idea Behind Pump.fun
So, when a user hears about this memecoin, it is important to immediately understand: this is not just a token, but a full-fledged platform. This is a separate website with its own intuitive interface and a separate optimized application that works quickly and stably. After entering the platform, the user is greeted by a clear design. What the main panel offers us:
- the current balance and status of their account;
- active tokens and their dynamics;
- quick access to creating or purchasing coins;
- a feed of trending memecoins that are growing in real time.
Why the project went viral in the Solana ecosystem
The question that interests everyone is what is behind the Pump.fun project and how it went viral so quickly. Let's take a closer look at this.
- First, it appeared just when there was a huge demand for new memecoins on Solana, and users were looking for a platform where they could quickly launch and buy tokens without technical hassles.
- Secondly, the project gave people something they had been missing for years: an extremely simple interface where creating a coin takes just a few clicks, without any programming knowledge.
- Third, thanks to Solana's low fees, users could experiment without fear of losing large sums in transaction costs.
Speed also played a part — the platform was able to update charts, prices, orders, almost in real-time, so it fit projects driven by hype and active trading perfectly. Additionally, a significant community was also there as strong supporters: users started sharing their memecoins online, starting trends and promoting the viral aspect of projects. (That also answered the silent inquiry of many newer users: what are memecoins? Pump.fun answered that — lively and practical, not a boring and dry definition). Finally, the overall format — memes, humor, speed and casual atmosphere — fits perfectly with the culture of Solana. All of this together quickly made this platform a real phenomenon, spreading through the Solana ecosystem in just days.
How Pump.fun Works
This platform is based on Solana, so all transactions are processed almost instantly and cost pennies, because the fees here are minimal. The main mechanics are that users buy the token at a fixed price or in the early stages of its launch, when interest in it is only growing. It is important to take into account the nuances: liquidity is formed gradually, and the value of the coin can change dramatically depending on demand. The project has passed basic validation on the platform, but has not yet undergone full official verification by representatives of the exchange. Because of this, investors should independently assess the risks and carefully monitor the behavior of the token in real time.
The core mechanics of Pump.fun are based on a simple yet well-thought-out economic logic that makes the launch of memecoins fast, predictable, and relatively safe for early adopters. Three key elements are in focus: a bond curve, automatic listing on Raydium with locked liquidity, and mechanisms that minimize the risks of cryptocurrency withdrawals.
Explanation of The Bonding Curve
The Pump.fun bond curve is a mathematical model that states that each new token is sold at a slightly higher price than the previous one. When someone buys a coin, the price increases, and when the token is bought up en masse, the curve becomes steeper. This creates a predictable dynamic: early buyers get the lowest price, and the market value grows organically with demand. Simply put, it is a transparent formula where there is no manual price control — everything is automated by a smart contract.
Liquidity Fixation and Automatic Listing on Raydium
When the bonding curve reaches its final stage, the system automatically creates a liquidity pool and places the token on Raydium. A portion of the collected funds is locked in this pool, and the key to access the liquidity is burned. The mechanics look like this:
How to Create a Memecoin on Pump.fun
Creating a memecoin is easier than ever today, thanks to platforms like Pump.fun that automate much of the technical work. Even if you’ve never interacted with smart contracts or token standards, you can launch your own coin in just a few minutes. Follow this simple step-by-step guide to take you from idea to live token.
Connecting a Solana Wallet
First of all, you will need a Solana-compatible wallet, such as Phantom, Solflare, or OKX Wallet.
Create or log in to your wallet, then make sure you have a small amount of SOL to cover transaction fees — even a few cents is usually enough. Go to the official Pump.fun website and click “Connect Wallet.” Confirm the connection in your wallet extension. Once connected, the platform will identify you as a verified user ready to create a token.
Configuring Token Parameters (Name, Supply)
If you've reached this point, you already have a cool idea, so let's move on. Next, you'll see a simple form with just a few fields:
- Token name;
- Ticker (short symbol, e.g. "DOGE2");
- Image or logo;
- Additional description.
Pump.fun automatically uses the standard SPL token model, so no programming is required. You don’t need to manually specify the total emission on the platform — it is automatically generated according to the bond curve. This makes launching it a no-techie affair and takes just a few clicks. Upload the image you want to represent your memecoin — a funny meme, character, mascot, or any creative graphic. This visual identity plays a huge role in attracting early adopters, so choose wisely.
Launch and Trading Process
Select the option Create Memecoin and approve the transaction. The platform immediately deploys your token on the Solana blockchain and begins selling it via a bonding curve, where the price rises with each purchase - now you have seen a simple example of how DEX works under the hood and is live. You do not have to set liquidity or manage tokenomics manually - it’s all automated! Upon launching you will be provided a link to your token page. You can then share it on social media, Discord, Telegram groups, anywhere your audience resides. The more audience members who interact with your token the faster the bonding curve fills! Once the bonding curve is full, the system automatically:
- Builds a liquidity pool
- Locks liquidity via LP tokens burnt
- Lists your token on Raydium for anyone to trade freely
This adds protection for users from being hijacked and establishes a legitimate trading market for your coin. A meme coin can either live or die based on the excitement of a community. Post consistent updates, create memes, contests, a small community, anything to get your token interacting. The more active your community is, the more visibility and possibly trading volume can happen.
Overview of PUMP Token Economics
PUMP is the utility token for the Pump.fun ecosystem, developed on Solana, designed to absorb the value, fees, and overall growth of the ecosystem's product, the meme coin launchpad itself. The PUMP token has a capped supply of 1 trillion tokens, with an approximate current market cap of hundreds of millions of dollars and a circulating supply around 350–430 billion tokens.
The tokenomics are focused on scaling, with about 33% of the token supply sold in the ICO (18% private, 15% public), 24% allocated to community and ecosystem incentives, 20% to the team, and 23% reserved for early investors, treasury, liquidity, and platform rewards; none of the latter ever hits the market all at once. Tokens offered to the team and investors afford a gradual unlock schedule per the launch schedule to avoid potential mass selling events post-launch. A significant majority of the tokens were sold through a large-scale ICO. The public sale alone raised Pump.fun approximately $600 million in a flash sale of only 12 minutes, and the project has raised, in total, hundreds of millions of dollars in protocol revenue since its inception.
Risks, Regulation and Safety
Pump.fun can be a convenient tool, but the risk that a memecoin is totally junk or a scam is extremely high. Here, you need to treat each token not as an investment, but as a speculation with full acceptance of 100% loss of your deposit. Technically speaking, Pump.fun does utilize several important safety features: for example, by burning LP tokens, automatic liquidity blocking is used, which diminishes the classic risk when a developer simply removes liquidity and walks away with it. This is a really good mechanism but is only a safeguard against one type of withdrawal - liquidity removal. Everything else (price manipulation, controlled dumping, toxic tokenomics) is still present.
Most coins on the platform are not created for long-term development, but to quickly drain liquidity and play on greed. For this reason, we encourage you to check carefully where you invest your money. To be sure that the tokens are reliable, check out the article Top Memecoins 2025 and find something for yourself.
