Pump.fun posts first weekly report: $7.2M in protocol fees, cumulative PUMP burn hits 41.8% of circulating supply

Odaily Planet Daily reports that Sapijiju said on X that pump.fun has published its first official weekly update. From June 29 to July 5, total protocol fees across Bonding Curve, PumpSwap and Terminal reached $7.2 million. The team said 50% of net fees are allocated to PUMP buybacks and burns. Over the past seven days, about $3.7 million worth of PUMP was repurchased and burned, lifting the cumulative burn to 41.8% of the circulating supply. Activity metrics showed weekly Bonding Curve trading volume of $553 million and PumpSwap volume of $1.65 billion. The previously launched Tokenized Agent launch option has been removed following community feedback. Pump App has rolled out a new Swap service, cutting transaction latency from 1–2 seconds to 300–400 milliseconds. After introducing a low-KYC deposit channel, the platform's daily deposit volume rose about 21%. Terminal added offline token tagging, reducing JS bundle size by 35%, and upgraded search with active viewer indicators, wallet filtering and OG filtering. Content related to GO has surpassed 18 million views. The report also cited roughly 3,000 bounty tasks created, 18,000 submissions received and more than $600,000 in rewards paid.