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KCEX releases first Pump.fun weekly report detailing $7.2M protocol revenue and $3.7M PUMP token burn
KCEX published its first weekly report for Pump.fun, detailing protocol revenue of $7.2 million, PumpSwap trading volume of $1.65 billion, and $3.7 million in PUMP tokens repurchased and burned between June 29 and July 5. The report also outlines product updates, circulating supply reduction, and a marketing campaign conducted during the same period.
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KCEX released its first weekly report for Pump.fun, covering the period from June 29 to July 5. The report outlines $7.2 million in protocol revenue sourced from bonding curve fees, PumpSwap, and Terminal operations, alongside PumpSwap trading volume of $1.65 billion and Bonding Curve volume of $553 million. During the week, 50% of net protocol revenue was used to repurchase and burn approximately $3.7 million worth of PUMP tokens, resulting in a cumulative reduction of circulating supply by 41.8%. The update also notes product and app performance enhancements, such as improved swap speeds and deposit options, and details a marketing campaign that generated 18 million views and distributed $600,000 in rewards.
KCEX is a centralized cryptocurrency exchange registered in the Seychelles and operating under U.S. and Canadian regulatory frameworks, including oversight by FinCEN as a Money Services Business. The platform provides spot and futures trading for cryptocurrencies, emphasizing security measures and continuous expansion of its trading instruments, but does not support fiat transactions or passive investment tools. For further details, see the full broker profile on Traders Union at this link.
For reference, in the previous KCEX update on Traders Union, the broker announced the initial listing of CupseyToken (CUPSEY1) on Solana with zero spot trading fees. You can read more details in the previous KCEX update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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