Pump.fun made its name on Solana, but the memecoin launchpad business is now a multi-chain race. Rivals run on BNB Smart Chain, Base, and TRON, and one of them briefly topped Pump.fun on the fee rankings. Over the 30 days to September 8, 2026, Pump.fun's launchpad took in about $46 million in fees (source: DefiLlama). That is a big number, but it is only part of the story. Two things make the cross-chain scoreboard easy to misread.
The race left Solana
The clearest sign that the category outgrew Solana came in October 2025. Four.meme, the go-to memecoin launchpad on BNB Smart Chain, earned about $43 million in fees over 30 days, which put it ahead of Pump.fun on the standard fee ranking and made it one of the largest revenue generators in all of DeFi that month (source: The Defiant). It held that lead only briefly, and brief was enough to prove the point: a launchpad on another chain could match Solana's biggest name. Four.meme has company: Clanker runs on Base, SunPump runs on TRON, and new pads keep appearing wherever a chain gets busy (source: bitbank.nz). The competition is now spread across several chains.
The fee-ranking trap
The first thing that trips people up is that Pump.fun's fees show up in two places. The launchpad line above, about $46 million, only counts the fees from coins being created and traded before they graduate. After a Pump.fun coin graduates, it trades on PumpSwap, Pump.fun's own exchange, and those swap fees are listed separately. Over the same 30 days, PumpSwap took in about $92 million (source: DefiLlama). Add the two and Pump.fun's real 30-day take is around $138 million, roughly triple the launchpad line alone. So when a ranking shows a rival ahead of Pump.fun, check whether it is counting only the launchpad line or the exchange fees too. A launchpad-only number understates what Pump.fun actually earns. That split is a common reason launchpad revenue figures disagree.
Pump.fun's own cross-chain expansion
The second trap is subtler: it is tempting to read the off-Solana competition as a sign that Pump.fun is stuck on Solana, but that reading is wrong. The off-chain fees measure where rivals earn, a separate question from where Pump.fun can go. In early 2026 Pump.fun registered web addresses for Ethereum, Base, BNB Smart Chain, and Monad, and dropped Solana from its social profile, a clear sign it now treats itself as a multi-chain product (source: BlockEden). Whether Pump.fun is fully live on a given chain can be hard to confirm from the outside, because those features are often switched on quietly. So a chain's absence from a public dashboard says little about where Pump.fun actually operates. How far past Solana Pump.fun has actually gone is hard to verify from the outside, chain by chain.
Why the ranking keeps moving
The cross-chain lead moves with whatever chain is hot. Four.meme's October 2025 surge rode two big BNB Smart Chain token launches that pulled traders onto the network. When that activity cooled, the fees cooled with it. This is the same pattern you see inside Solana, where the second-place launchpad changes every few months. A single month's ranking tells you which chain was busy, more than which launchpad is durably ahead. What each platform does with its fees, whether it buys back and burns its own token or unlocks more supply, is a more stable thing to compare than a fee leaderboard. For the overall share picture across chains, Pump.fun's market share tracks how much the numbers swing.
What this means for you
If you are comparing launchpads across chains, do three checks before you trust any ranking. First, which chain it is on, because activity rotates and a hot chain flatters its pads. Second, which fee line the number counts, since Pump.fun's launchpad and exchange fees are listed separately and a launchpad-only figure understates it. Third, remember that Pump.fun competes on those other chains too, so a rival being big on Base or BNB Smart Chain still leaves plenty of room for Pump.fun there. Judge by the durable signals above more than by which launchpad looks "biggest" this month. The Solana side of this map, the pads that compete with Pump.fun on its home chain, is covered separately in the Solana launchpad landscape.
Where PUMP trading fits
If the launchpad race is the map, PUMP is the token that lets you take a position on the company running the biggest pin on it. PUMP is the native token of Pump.fun, and BloFin lists it for spot trading as PUMP/USDT, so the same platform where you read this coverage is where you can act on it. Spot suits a straightforward long, while the perpetual suits leverage or a hedge.
Before you size anything, the number that decides what a position costs is the trading fee, and BloFin publishes its full fee schedule so you can price the round trip before you open it.
Start trading PUMP on BloFin
Looking to trade PUMP? To get started, you'll need to first create a BloFin account, fund your account with cryptocurrency, and navigate to the PUMP/USDT Spot trading page or PUMPUSDT Perpetual page.
Frequently asked questions
Does Pump.fun have competitors outside Solana?
Yes, the biggest is Four.meme on BNB Smart Chain, which in October 2025 earned about $43 million in fees over 30 days and briefly topped Pump.fun's fee ranking. Others include Clanker on Base and SunPump on TRON. The launchpad race now runs across several chains.
Why do launchpad fee rankings disagree so much?
Because the Pump.fun number often leaves out part of what Pump.fun earns. DefiLlama lists Pump.fun's launchpad and its own exchange, PumpSwap, as two separate lines. Over the 30 days to September 8, 2026, the launchpad took about $46 million and PumpSwap took about $92 million, so Pump.fun's real take was around $138 million. A ranking that uses only the launchpad line understates Pump.fun and can make a rival look ahead when it is not.
Is Pump.fun only on Solana?
No longer. In early 2026 Pump.fun registered web addresses for Ethereum, Base, BNB Smart Chain, and Monad and stopped describing itself as Solana-only. It is hard to confirm from the outside exactly which chains it is fully live on, because those features are often enabled quietly, so a chain missing from a public dashboard is not proof Pump.fun is absent.
Did Four.meme permanently overtake Pump.fun?
No, Four.meme's lead in October 2025 rode a burst of BNB Smart Chain activity from two large token launches, and its fees fell back when that activity cooled. Cross-chain launchpad leads tend to move with whichever chain is busy that month.
How should I compare launchpads on different chains?
Check three things. Which chain the pad is on, since a hot chain flatters its launchpads. Which fee line a ranking counts, since Pump.fun keeps its swap fees separate. And whether Pump.fun also competes on that chain, because it has been expanding beyond Solana.
Researched and written by the BloFin Academy editorial team with AI-assisted drafting. Primary sources are Pump.fun's own published documentation and announcements, DefiLlama, The Defiant, and independent reporting. All facts independently verified against cited documentation current as of September 2026.
This article is for informational and educational purposes only. It is not financial, investment, or trading advice. Digital assets are volatile and many newly launched tokens lose all value. Do your own research and consider your own circumstances before trading.