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Pump.fun has cumulatively repurchased and burned nearly 15% of the PUMP supply, with protocol revenue of $5.9 million last week

MarsBitNews
Mars Finance news: Pump.fun co-founder Sapijiju said that from July 6 to 12, Bonding Curve, PumpSwap, and Terminal generated a total of $5.9 million in protocol fees, of which 50% of net fees were used for automated buybacks and burn via locking smart contracts for PUMP. Over the past 7 days, the buyback and burn amount exceeded $3 million, and the cumulative scale has already been equal to 14.987% of PUMP’s total supply.
PUMP-3.60%
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