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      Pump.fun Introduces Near-Zero-Fee Trading App for Token Distribution

      Pump.fun co-founder Alon Cohen announced on September 29, 2026, the launch of a mobile and social trading app that aims to revolutionize token distribution with a fee structure that approaches zero on trades conducted on the Solana blockchain. The platform seeks to eliminate trading fees as a barrier for users, encouraging them to engage in token purchases without hesitation.

      The app will charge approximately 0% fees for trades on Solana, while cross-chain transactions will incur fees of about 0.1%. This follows a trend where previous reports indicated fees as low as 0.05%, suggesting a gradual move towards a near-zero fee model. Additionally, token creation on Pump.fun remains free, aside from standard network fees associated with on-chain transactions.

      Cohen highlighted the platform's commitment to providing access to tokens across various chains and launchpads, ensuring that users can pursue opportunities without being restricted to a single ecosystem. The platform has also introduced a creator fee-sharing system, allowing token creators to distribute fees among multiple wallets, thereby incentivizing project launches on Pump.fun.

      Since its inception on January 19, 2024, Pump.fun has gained prominence within the crypto space, particularly during the Solana memecoin surge. The platform's initial coin offering (ICO) in July 2025 raised approximately $1.3 billion, solidifying its status as a leading player in the cryptocurrency market. Cohen's strategy focuses on aligning the interests of traders, creators, and the platform itself, fostering a collaborative environment for token trading.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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