Approximately 70% of tokens on the Pump.fun platform cease trading on their launch day, according to analysts from CoinGecko.
Researchers examined 18.6 million assets created between January 2024 and June 2026. Of these, 12.8 million (68.6%) recorded their last trade on the day of issuance.
Within the first two days, 80% of all launched coins stopped trading. Only 4.5% of assets traded for more than three months.
Experts attribute the high “mortality” rate to the low entry barrier. Creators release a stream of tokens and quickly abandon them if the project does not gain immediate traction.
The statistics account for trades only on Pump.fun’s internal algorithm. Actual survival rates might be slightly higher, as the data does not include trades on external decentralized exchanges like Raydium. However, only 1% of the platform’s projects reach such venues.
Since August, key protocol metrics on Pump.fun, such as token launches and fees, have been declining.
