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Pump.fun moves beyond meme coins with new trading update

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Pump.fun moves beyond meme coins with new trading update

The crypto app Pump.fun is taking a significant step beyond its meme-coin roots, announcing broad new trading support that allows users to buy and sell a wider array of tokens directly within the platform.

Summary

  • Pump.fun now lets users trade a range of assets including WBTC, USDC, Ethereum (via Wormhole), and other launchpad tokens inside the app.
  • The expansion responds to over 1.5M downloads and demand for more diverse on-chain trading without leaving the platform.
  • Earlier in 2026, the platform introduced a Trader Cashback model to redirect fees toward active traders, reshaping its fee structure.

From meme coins to Bitcoin: Pump.fun broadens asset support

Previously known primarily as an on-chain Solana memecoin launchpad and token-creator hub, Pump.fun has exploded in popularity thanks to easy coin generation and speculative trading. Over 1.5 million downloads underscore its rapid adoption, and growing user demand for more trading utility has pushed the company to evolve.

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In a post shared on social platforms, Pump.fun said that for the first time, users can trade not just its native Pump fun coins, but a broader selection of assets, including WBTC, USDC, Ethereum (via Wormhole), and other launchpad tokens.

The update aims to reduce friction for users who previously had to leave the app to access other assets, consolidating trading activity in one interface. This marks a shift from Pump.fun’s early role as a creator-centric ecosystem, where anyone could spin up a token in minutes, toward a more versatile trading environment.

The push toward supporting mainstream crypto alongside meme tokens comes amid broader changes in Pump.fun’s fee and incentive structure. Last month the platform rolled out a “Trader Cashback” model, letting creators choose whether trading fees benefit deployers or active traders, an effort to reward volume and participation more fairly.

While the platform remains known for speculative assets and memecoins, this expansion could attract more serious traders and bolster liquidity, positioning Pump.fun as more than just a meme-token generator.

Whether broader token support alters user behavior or stabilizes markets will be closely watched across the crypto community.

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Crypto World

Fira Debuts Fixed-Rate DeFi Lending Protocol with $450M in Deposits

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Fira Debuts Fixed-Rate DeFi Lending Protocol with $450M in Deposits

Ethereum-based decentralized finance (DeFi) lending protocol Fira said on Tuesday it was launching with about $450 million in deposits, highlighting demand for fixed-rate onchain credit.

Fira said the protocol’s fixed-rate credit market allows users to lock borrowing costs and lending returns for defined periods by organizing lending around maturities rather than floating utilization-based rates, according to an announcement shared with Cointelegraph.

The fixed-rate model differs from most DeFi lending protocols, where borrowers cannot lock funding costs, and lenders cannot predict returns, making long-term DeFi lending less predictable. Fira’s said its model organizes markets by maturity and determines interest rates by supply and demand mechanics, replacing utilization algorithms that fluctuate with borrowing activity.

Fira said the design is intended to create a more predictable onchain credit market by introducing yield curves and defined maturities, features that are standard in traditional fixed-income markets but rare in DeFi.

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Fira is not the first DeFi lending protocol built around fixed-rate credit. Other protocols with similar structures include Notional Finance, IPOR and Term Finance.

Fira debuts fixed-rate onchain credit market. Source: Fira

Euler-linked liquidity migrated into Fira

Fira said it debuted with $450 million in deposits, which were “reallocated” from users of the modular lending platform Euler Finance during the pre-launch phase that started on Jan. 8, Pete Siegel, chief financial officer at Fira, told Cointelegraph. 

“Fira was pre-launched in January. It opened with a first market called UZR, which enabled roughly a thousand users who were already on Euler, in a product available on Euler to migrate their assets at a fixed rate.”

Siegel said the deposits reflect user interest in fixed-rate lending products.

DeFi lending protocol rankings by TVL. Source: DeFiLlama

DefiLlama currently shows Fira with about $451.6 million in total value locked on Ethereum, compared with roughly $25.3 billion for Aave, the sector’s largest lending protocol.

Related: Maestro launches mining-backed Bitcoin credit market for institutions

Fira said its smart contracts have undergone six independent security audits conducted by Sherlock, Spearbit via Cantina, Hexens and yAudit between November 2025 and early 2026.

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Fira’s bug bounty program through Sherlock offers up to $500,000 in rewards for users finding critical vulnerabilities in the protocol’s open-source Ethereum-based smart contracts.