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Pump.fun Launches USDC Pair Liquidity Pool Function

46 minutes ago

May 22 (Official Sources) – Solana ecosystem token launch platform Pump.fun has officially rolled out a USDC-paired liquidity pool feature, per the team’s announcement. Token creators can now choose to use USDC instead of SOL when launching trading pools, a change designed to enhance market stability, optimize token distribution, and open up more growth opportunities for projects. The platform noted that recent price swings in Solana have caused thresholds for SOL-denominated bonding curves to drop steadily. As a result, new tokens’ initial market capitalization has dipped to around $2,000, with bonded completion market caps hitting roughly $30,000—making it far cheaper to hoard large quantities of chips, which worsens token distribution imbalances and the well-documented “low ceiling” issue. Pump.fun added that USDC trading pairs will raise the bar for high-quality projects. Historical data shows USDC-paired tokens have an initial market cap set at $4,000, with bonded completion market caps coming in at about $58,783, creating a more stable and fair trading environment. Under this USDC model, early-stage chip acquisition costs are significantly higher: full bonding completion requires roughly $12,161, versus ~$7,276 for SOL pairs; purchasing the first 30% of a token’s supply costs approximately $1,682, compared to ~$998 for SOL pairs—effectively curbing chip manipulation in the low market-cap phase. Furthermore, USDC pairs will reduce reliance on SOL price fluctuations, delivering a more user-friendly on-chain trading experience for retail investors, including less wallet balance volatility and lower trading barriers. The team also stressed that Pump.fun’s existing PUMP token buyback and burn mechanism remains intact: 50% of revenue generated from both USDC and SOL trading pairs will still be allocated to programmatic buybacks and burns, consistent with how other platform revenues are managed.
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