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      Pump.fun Reports $2.8 Billion On-Chain Treasury Dominated by PUMP Token

      Pump.fun, a memecoin launchpad operating on the Solana blockchain, has reported an on-chain treasury valued at approximately $2.8 billion as of October 6, 2026. According to data from Arkham Intelligence, the treasury is primarily composed of its own PUMP token, which accounts for about $2.19 billion, or roughly 341.224 billion tokens. The treasury also includes significant holdings in wrapped SOL, stablecoins, and various memecoin pools.

      In addition to the PUMP token, Pump.fun holds around 2.786 million wrapped SOL (WSOL), valued at approximately $336 million, and 450.5K SOL in unwrapped form, worth about $54 million. The platform's treasury further consists of 168.7 million USDC, valued at around $169 million, and 46 million USDT, worth about $46 million, with smaller amounts in other memecoins.

      Pump.fun has implemented a buyback-and-burn program funded by 50% of its net revenue, which has led to cumulative buybacks exceeding $460 million and the removal of over 167 billion PUMP tokens from circulation since the program's inception. The platform initially launched the PUMP token in July 2025 through an initial coin offering that raised about $1 billion, achieving a fully diluted valuation of around $4 billion at that time. The ongoing revenue from decentralized exchange volume, which has surpassed $97 billion, supports this buyback initiative.

      © 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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