Pump.fun is a decentralized protocol built on the Solana blockchain that allows users to create, launch, and trade shitcoins. It's a user-friendly tool that enables anyone to launch tokens with no prior knowledge.

Getting Started with Pump.fun

First, you will need to connect your wallet to access all features, such as commenting on threads and filtering your trades. After connecting, you will arrive at the main page:



If you are sensitive to flashing lights, you can disable the animations:


Understanding the "King of the Hill" (KOTH) Token

At the top center of the screen, you will see the "King of the Hill" (KOTH) token. This spot is taken by any token that reaches a market cap of around $30,000. When a new token reaches this market cap, it takes over the KOTH spot. This status can signal a well-performing token and attract new buyers, but it is also sometimes exploited by scammers who pump and dump their tokens to reach this position.


Launching Your Own Token

If you're interested in launching your own token, click on the "[Start a New Coin]" button:


You will be presented with a form to fill out:


After completing the form, you can launch your coin. It's very straightforward!

Searching and Navigating Tokens

Use the search bar to find specific tokens:


On the main page, you have three main categories: "Following," "Terminal," and "For You."


  • The Following tab shows all the tokens you have marked as "followed" to easily track them.
  • The Terminal tab lists all tokens created on Pump.fun.
  • The For You tab displays a curated list of tokens suggested for you.

It's recommended to use filters (such as market cap or order by bumps) to better customize your interface:


Analyzing a Token Example

Let's take a look at a specific token:


Pump.fun also has a live streaming feature, indicated by the "Currently live streaming!" message. Below this, you can see the developer's address ("Created by 3cKXSS"), which allows you to check their history on Solscan, including any previous tokens they've launched and their trading patterns. The market cap (e.g., $5.82k), the number of replies (e.g., 282), and the token's description (including ticker and name) are also displayed here:


Trading Tokens

You can view a list of trades and filter your own transactions by clicking the switch button. The list shows the date, time, sender, and type of transaction (buy or sell):



From the token page, you can trade directly by selecting the amount of SOL you want to buy or sell (wallet connection required):



The Pump.fun Trading Principle

The core idea of Pump.fun is to launch a token, pump its value, and then migrate it to Raydium. The initial market cap for Pump.fun tokens is around $4,000. When a token's market cap reaches approximately $30,000, it becomes the new KOTH. At around $60,000, trading is halted, and the migration to Raydium begins. After migration, the token is tradeable on Raydium, where early buyers might sell their tokens, and new buyers are attracted due to increased liquidity on a more robust platform. This process is governed by the "bonding curve," which dictates the required market cap for Raydium migration.

Recommendations

If you've used Pump.fun before, you might find it not very intuitive due to occasional downtimes or difficulties in tracking trades. Therefore, it's advisable to use it alongside a bot like BullX, which integrates Pump.fun's trading section directly.

Use Pump.fun primarily to monitor threads, check activity, and read comments, and always stay alert for potential scams.

If you're interested in trading Pump.fun tokens using a bot, you can use my BullX referral code to skip the waitlist and get a 10% discount on fees: BullX - Best Trading Bot.