pump.fun has started to repurchase PUMP, with funds sourced from transaction fee income.

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On July 16, according to monitoring by EmberCN, after issuing coins, pump.fun began to use the revenue from transaction fees to buy back PUMP, instead of continuing to directly transfer to CEX for sale as before: they transferred about 30.53 million USD of transaction fee income, equivalent to 187,770 SOL (, to the Address 3vkp...3WTi, and then purchased PUMP. The purchased PUMP was then transferred to the Address G8Cc...kqjm for storage. Currently, they have used 111,953 SOL ), equivalent to about 18.34 million USD (, to buy 3.04 billion PUMP, with an average price of 0.006 USD.

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