Pump.fun now lets creators choose between Creator Fees and Trader Cashback before launch.
Platform fees have dropped sharply from last year’s peak levels.
The change aims to address criticism that few traders profit on the platform.
Solana-based memecoin launchpad Pump.fun has introduced a new trader-focused rewards system that reshapes its fee model. The platform now allows token creators to choose between traditional Creator Fees or a new Trader Cashback structure before launching a coin. Once selected, creators cannot reverse the decision.
Pump.fun originally rewarded token deployers with 0.3% of all fees generated by their coins. That model fueled rapid growth and helped the platform generate more than $15 million in daily fees at its peak. However, critics argued that the system favored deployers while most retail traders absorbed losses.
Trader Cashback Model Takes Center Stage
Under the new framework, creators must decide whether their token qualifies for Creat
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