Meme coin launchpad Pump.stress-free nowadays seen its income topple by around 92% from its historical peak, indicating the persevered decline of the platform’s retain on the crypto market.
On-chain files reveals that the meme coin launchpad’s charges maintain been repeatedly going decrease and decrease over the previous few days. This signifies a well-known topple in generated income when in contrast with the initiating of the yr when it began off accurate.
Based mostly on files from DeFi Llama, on July 6, the launchpad’s income fully amounted to $533,410, while its charges maintain generated no longer up to $922,890. Right here is the first time since March 2025 the platform has seen its day after day charges fall decrease than $1 million.
In comparison with its historical peak on January 23, the platform’s income has long gone down by 92% while its charges maintain long gone down by 86%. Earlier this yr, Pump.stress-free reached its peak income and protocol charges at $7.07 million for every classes.
The evident decline in the Pump.stress-free’s charges and revenues marks a lethal blow to the platform that heralded the age of Solana (SOL)-primarily based meme coin domination in the crypto market. Though its charges quick recovered by the stop of March 2025 at $6.6 million, its income by no come went previous $2.05 million.
Pump.stress-free on the decline
When put next on a monthly foundation, the platform reached its peak in January with $137.12 million for every revenues and charges.
Then again, as of the stop of June, its charges maintain fallen by better than 60%, hitting fully $64.47 million. Within the meantime, the platform’s monthly income in June fully reached $39.08 million, which amounts to no longer up to 30% of its monthly peak.
Earlier in February, Pump.stress-free’s buying and selling volume also declined by 63% as more celebrities jumped on the memecoin pattern, fully to consequence in high-profile scams.
As beforehand reported by crypto.news, files from Dune analytics confirmed that fully no longer up to 0.01% of Pump.stress-free addresses were ready to show a profit of $1 million in the previous six months. On the opposite hand, fair about 60% of meme coin traders maintain experienced losses on the launchpad. This disparity has led to traders questioning whether or no longer the platform’s glory days are over.