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Pump.fun adds tokenized-stock pairs to its coin launch platform
Pump.fun said 50% of revenue from the new Custom Pairs goes to its PUMP buyback-and-burn program.
Pump.fun has expanded its Solana coin-launch options by introducing Custom Pairs, allowing creators to launch tokens paired with tokenized stocks, wrapped bitcoin and ether, and metals, instead of only the platform's prior SOL and USDC pairings, The Defiant reports.
The new product is designed to bring more of the tokenized-equities trading setup onto Pump.fun, a flow that The Defiant notes has been a key driver of Robinhood Chain's activity since July.
Pump.fun said its Custom Pairs use the same bonding curve and PumpSwap protocol fee structure as standard launches, and it routes half the revenue from the new pairs into a programmatic PUMP buyback-and-burn contract. In April, the company said it had burned about $370 million of bought-back PUMP, roughly 36% of circulating supply, and it later topped $400 million in buybacks with the token flat, according to The Defiant.
Pump.fun also said the Custom Pairs feature 93 supported pairs across Sunrise and xStocks, with wrapped ETH showing the highest liquidity in its pair selector at $3.07 million, while other quoted tokens included Micron at $2.94 million and SK Hynix at $2.16 million. Sunrise, using Wormhole's Native Token Transfers framework, brought 20 US stocks to Solana via Backpack Securities, including Boeing, Tesla, Johnson & Johnson, and IBM, among others.
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