Pump.fun makes BOOST mode the default for every new coin

In Brief:

• Pump.fun made BOOST mode the standard launch mechanism for every new coin on the platform.
• The company says more than $100 million in “dead liquidity” is lost each year when tokens migrate, and BOOST reinjects future liquidity into every bonded coin.
• The change lands as Pump.fun’s monthly revenue has fallen well off its January peak and rival launchpads crowd Solana (official site).

Pump.fun made BOOST mode the default launch mechanism for every new coin on its platform, the company said, folding a liquidity-recycling feature into the standard process rather than offering it as an add-on.

The pitch turns on a single figure. More than $100 million in “dead liquidity is lost every year when tokens migrate,” Pump.fun said. BOOST is meant to plug that hole by feeding future liquidity back into coins after they bond.

What changes at migration

A coin on Pump.fun trades along a bonding curve until it sells out and bonds, then migrates to PumpSwap, the company’s own DEX. That handoff has long been the weak point.

When a token graduates, its accumulated SOL is paired with the remaining supply and dropped into a PumpSwap pool, and the LP is burned to lock it. The trouble is depth. Many coins arrive on the DEX with thin pools, so a small buy swings the price hard, snipers pass, and the chart goes quiet within minutes.

BOOST targets that moment. Instead of leaving post-migration liquidity to chance, Pump.fun says it will reinject future liquidity into every bonded coin, and it’s turning the mechanism on for all new launches by default.

Why now

The move comes after a rough stretch for the launchpad. Pump.fun’s monthly revenue slid from a peak near $137 million in January to about $20 million by July, according to DefiLlama, as competing launchpads pulled share and memecoin volume cooled.

BOOST also follows a run of liquidity and fee experiments. Pump.fun launched Mayhem Mode in November, using AI agents to mint extra tokens for eligible projects and trade them at random for 24 hours before burning whatever went unsold. In January it introduced a dynamic fee model that lets trader activity move creator fees rather than fixing them. It has also added USDC-paired liquidity pools and a creator fee-sharing feature.

Not all of it worked. Daily revenue fell in the week after Mayhem Mode went live, and softer revenue trims the PUMP buybacks that prop up the token. PUMP had climbed about 33% over the prior seven days heading into the BOOST announcement.

The liquidity-trap problem

Pump.fun has spent much of its run fending off the charge that it’s a place capital goes to die. Millions of coins have launched on the platform and only a sliver ever bond, which leaves most of the money stranded in tokens that never trade with real depth.

Migration itself was once a hard cost. Tokens used to graduate to Raydium behind a 6 SOL fee before Pump.fun spun up PumpSwap in early 2025 and dropped it. BOOST extends that cleanup to the liquidity left over after a coin bonds, and it puts the feature at the front of every launch instead of burying it in settings.

“Now, we’re reinjecting future liquidity into EVERY BONDED COIN,” the company said.