Insider unlocks flooded in. The burn took back a quarter.
PUMP is the token of Pump.fun, the coin launchpad: 464.91B circulate out of 830.4B left. Half of revenue buys and burns it; insiders unlock monthly.
Sell pressure. Team and backer coins are the new supply: 82.75B PUMP left the locked wallets in 90 days, mostly on Sep 8 and Sep 13. About 20.6B more unlocks next.
Buy pressure. The buyback burned 22.07B PUMP with $67.15M of revenue — about a quarter of the unlocks.
Net. Net, supply grew about 13.05% in 90 days and should grow about 2.03% next.
No new PUMP can ever be made. The power to create coins was removed from the token, so the 1 trillion made at launch is the most that will ever exist, and burns have already cut the real total to about 830.4B.
Team and early backer coins left the locked wallets in three steps: 20B on Sep 8 and 54B on Sep 13 2026 from the main locked wallet, plus 8.75B from a 30B backer wallet that pays out monthly. The team (200B) and backers (130B) passed their one-year lock in July 2026 and now unlock about 6.88B a month until mid-2029, so the next 90 days carry about 20.6B more.
Four wallets sit outside the float: the main locked wallet (229.26B), two idle wallets of 80B and 35B that have not moved since July 2025, and the 30B backer wallet (21.25B left). Two payout wallets that pay insiders each month hold about 23B, but those coins already count as circulating. Both buyback wallets hold zero — what they buy is burned at once.
No court estate, trustee or long lock is paying PUMP out. The company is operating, and no wind-down holds any coins.
Half of all Pump.fun revenue buys PUMP on the open market every day, and every coin bought is burned. In these 90 days that was $67.15M of $131.93M revenue, buying and burning 22.07B PUMP. The 50% rule has been locked for one year since Apr 28 2026. The price has roughly tripled, so the same dollars buy fewer coins: at today's price the next 90 days burn about 11.2B.
There is no second burn. The fee money that destroys PUMP is the buyback above, so it is counted once there.
Apart from the buyback, no company or foundation wallet bought PUMP to hold this window. Outside buyers, like a listed company that bought 216.8M on Sep 25 2026, bought coins already in the float.
PUMP has no staking or lock-up program, so no coins were taken off the market by locking.
Two sides: how much people want PUMP right now, and how much buying could come later.
This part is based on social media. It shows how hot PUMP is right now. A better rank means more people are talking about it.
Today, people are talking about PUMP for two reasons:
On Oct 10 2026, a crypto reporter found that a part of Pump.fun's website code shows prices, funding rates and leverage for Hyperliquid perpetual futures, including BTC, Nvidia, Tesla and gold. Pump.fun has not announced any futures product. People ask if Pump.fun plans to add leveraged trading, and what that could mean for its fees.
In the 7 days to Oct 9 2026, Pump.fun kept about $18.6 million in revenue, and on Oct 6 2026 it said it has used $478 million so far to buy back and burn PUMP. Half of its revenue goes to these buybacks. People ask if this income can last while most meme coins keep falling.
Checked Oct 10 2026
By the law of supply and demand, Pump.fun's long-run signal is mixed (Oct 11 2026, score 6.5/10). New supply: +2.03% in the next 90 days. Demand: exceptional (5/5). Pump.fun's price drivers: 0 ▲ price up, 2 ▼ price down.
Two things weigh on Pump.fun right now. Rivals took over half of launchpad fees in Sep 2026, and a judge kept the RICO claims against it on Aug 31 2026. Its answer to the court is due Oct 15 2026, so that date likely matters next. For Pump.fun, the supply-and-demand signal is mixed right now.
No, Pump.fun looks far from dead. Demand scores 5 out of 5 on Oct 10 2026, our top grade. The weak side is supply: about +2.03% more PUMP arrives in the next 90 days, which keeps its total score at 6.5/10. By supply and demand, Pump.fun's long-run signal is mixed today.
At $1, Pump.fun would be worth about $465B in total — about 167 times its $2.79B market cap today (Oct 11 2026, about 0.6 cents a coin). Pump.fun's supply also grows +12.18% in the next year, so every extra coin needs buyers too. Supply and demand still read mixed for Pump.fun in the long run.
Pump.fun's signal is mixed for now. Pump.fun's signal would turn if new supply keeps arriving (+2.03% in 90 days), or demand falls from exceptional, or Launchpad share and RICO lawsuit keep pointing down. The next date on Pump.fun's calendar: Oct 15 2026 — Pump.fun answer due.
Pump.fun sits at 6.5/10 today (Oct 11 2026): supply 1.5/5, demand 5/5. One more year adds +12.18% to Pump.fun's supply. Long-run signal: mixed.
By the law of supply and demand, the better time to add Pump.fun is when its new supply is low, demand is high and its price drivers point up. Pump.fun today: +2.03% new supply in 90 days (heavy), demand exceptional (5/5), drivers 0 ▲ / 2 ▼.
Right now 2 things drive Pump.fun's price (0 ▲, 2 ▼). ▼ Launchpad share: Rivals took over half of launchpad fees in Sep 2026. ▼ RICO lawsuit: Judge kept RICO claims Aug 31 2026; answer due Oct 15 2026.
Side by side on Oct 11 2026: Pump.fun at 6.5/10 with a mixed signal, Bitcoin at 8.5/10 with a positive signal. By supply and demand, Pump.fun is the weaker of the two.
Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →
We look at two things, half each: supply and demand. Fewer new coins mean less selling pressure. A meme coin scores 1.5 at most on supply: its team got its coins for free, so no new supply does not make it safe. We also show each coin's age, with a warning when it is younger than 1 year. Demand looks at how much people want the coin now and how much buying could come later. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss; they have no score. PUMP supply grows +2.03% in the next 90 days, so it shows in red: more PUMP reaches the market than is removed. Zero or falling supply is always green, any growth is red.
One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.
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