Pump.fun has updated its fee structure to reduce manipulation; creators now only have one opportunity to redirect fees.
CoinFeed reported on March 25th that Pump.fun co-founder Alon disclosed on the X platform that the platform has updated its fee mechanism to address malicious manipulation issues in token issuance. Previously, each token issued on Pump.fun had an associated Coin Admin, which could arbitrarily change the fee recipient and allocation method, leading to manipulation: creators could set fees to be directed to others, then transfer the fees back to their own wallets after the token gained popularity, harming user interests. After the update, all tokens will default to the standard creator fee (except for rebate tokens). Creators will only have one opportunity to redirect fees to another wallet; after that, the fee setting will be locked. If creators do not use this opportunity, they can do so later if needed. Existing tokens with allocated fees will have their fees locked, while existing tokens with standard fees will have one opportunity to change them.