Pump.fun Shifts Rewards From Creators to Traders With New Cashback Model

[AIcash]

Solana-based memecoin launchpad Pump.fun has introduced a major change to its fee structure, allowing token creators to choose between traditional Creator Fees or a new “Cashback Coins” model that rewards traders instead. Previously, creators automatically earned 0.3% of all trading fees generated by their tokens — a structure that once helped the platform generate over $15 million in a single day at its peak.

Under the updated system, creators must decide before launch whether they want to keep Creator Fees or redirect incentives to traders via cashback rewards distributed through Pump.fun’s integrated Terminal trading platform. The decision is irreversible once made. The move comes amid broader debate around memecoin sustainability, with analysts from Santiment suggesting the sector may be nearing a sentiment bottom — often a contrarian signal for renewed interest.

[kevin1]

this feels like Pump.fun admitting trader volume matters more than long-term creator alignment right now.

[The_Walking_Dead]

Cashback model = pure volume play.

[Capybara_Capybara]

Short-term traders win, creators lose leverage.

[bred]

Pumpfun optimizing for churn, not loyalty

[Revenant]

Sentiment bottom + incentive shift could spark rotation.

[d82ae58262]

Fees follow liquidity, always.