The Average Lifespan of Pump.fun Memecoins Is Less Than a Day

7 in 10 Pump.fun Tokens are Useless on Launch Day

68.67% (12.8M) of all tokens launched on Pump.fun since January 2024 recorded their final commerce on the identical day they have been created — by no means surviving past a single calendar day of buying and selling exercise. We examined over 18.67M tokens launched on the platform, excluding solely tokens that had no buying and selling exercise in any respect since inception. Total, solely 4.55% (850K) of tokens survived longer than 90+ days.

This same-day mortality fee displays the tendencies for coin creators to create floods of new tokens and shortly transfer on to newer initiatives ought to their preliminary coin launch not take off. That is potential as a result of near-zero obstacles to creation of tokens on the platform. 

The 1-day cohort provides one other 2.18M tokens to the early mortality depend. These tokens cleared the midnight calendar threshold however generated no lasting curiosity — a sample in line with tokens that attracted temporary consideration from trending feeds or influencer mentions earlier than being forgotten. Collectively, same-day and 1-day deaths account for 14.99M tokens, or 80.37% of all launches.

A Steep and Constant Drop-Off By 90 Days

Past day one, the survival curve declines steeply however persistently. The 2-3 day cohort captures 770,249 tokens (4.12%), adopted by 642,614 (3.44%) within the 4-7 day vary and 460,697 (2.47%) surviving 8-14 days. Every successive bucket is smaller than the final with the exception of the 90+ days cohort at 850,180 (4.6%) tokens.

Nevertheless, it’s value noting that our 90+ days survival figures are possible understated, as we solely observe Pump.fun bonding curve trades and never exterior DEX exercise resembling Raydium. Tokens launched earlier than PumpSwap that graduated and are nonetheless actively buying and selling on Raydium could be incorrectly categorised into an earlier bucket. 

Methodology

Token creation knowledge was sourced from tokens_solana.transfers on Dune Analytics, filtering for mint actions executed by way of Pump.fun’s program handle (6EF8rrecthR5Dkzon8Nwu78hRvfCKubJ14M5uBEwF6P). Final commerce dates have been sourced from pumpdotfun_solana.pump_evt_tradeevent, which captures all trades on Pump.fun’s bonding curve. The dataset covers 18.67 million tokens launched on Pump.fun from January 14, 2024 to June 18, 2026, out of over 19 million whole tokens created on the platform. Tokens with no recorded buying and selling exercise in any respect have been excluded from the evaluation, as lifespan can’t be decided with out no less than one commerce.

Lifespan is outlined because the quantity of calendar days between a token’s creation date and its final recorded Pump.fun bonding curve commerce. This implies graduated tokens — people who moved to exterior DEXes resembling Raydium, Meteora, or PumpSwap after finishing the bonding curve — can have their lifespan understated, as post-graduation trades are usually not captured. The lifespan figures for graduated tokens ought to subsequently be handled as a decrease sure. This may be construed as a main flaw, nonetheless, given the low token commencement charges of ~1%, our knowledge largely stands to seize the common lifespan of a Pump.fun token.

Submit-graduation exercise on exterior DEXes (primarily Raydium) is just not captured — the 90+ days cohort is subsequently the almost certainly to understate true lifespan. Dune question: https://dune.com/queries/7755022

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Associated: Pump.fun Monthly Trader Profitability Report

This examine is for illustrative and informational functions solely, and isn’t monetary recommendation.

Lifespan Distribution Desk