Pump.fun updates its fee mechanism to reduce manipulation, and creators only have one opportunity for fee redirection

Pump.fun co-founder alon disclosed on platform X that the platform has updated its fee mechanism to address malicious manipulation issues in token issuance. Previously, each token issued on pump.fun had an associated Coin Admin who could arbitrarily change the fee recipient and distribution method, leading to manipulative behavior: creators would first set fees directed to others, and once the token gained popularity, they would redirect the fees back to their own wallets, harming user interests.

After the update, all tokens will default to the regular creator fee (except for rebate tokens), and creators will have only one opportunity to redirect the fees to another wallet; thereafter, the fee settings will be locked. If creators do not use this opportunity, they can operate it later when needed. The fees of tokens with already allocated fees will be locked, and existing regular fee tokens will have one chance to change.