Is PUMP safe?

PUMP is the platform token of pump.fun, the launchpad behind the majority of Solana's memecoin volume — sold in one of 2025's largest public token sales and, at roughly $2.11 billion of circulating market capitalization in the October 6, 2026 snapshot, the biggest token on this page's list by a wide margin. The mint is pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn, held by 266,270 wallets.

The figure to hold beside that mcap is fully diluted value: about $3.77 billion — more than double the circulating number. Over half the eventual supply sits outside the float in team, investor and ecosystem allocations, and that supply arrives on a schedule. A PUMP position is a bet on the platform's cash flows outrunning its own unlock calendar, and that calendar exists whether or not the chart acknowledges it.

Structurally the token is clean: mint authority revoked, freeze authority revoked, both confirmed. On-chain depth is genuinely deep in absolute terms — around $39.1 million tracked — while still only about 2.3% of the mcap, the usual shape for a token whose main volume runs through major centralized listings.

The irony of grading the launchpad's own token is not lost on this page: pump.fun's graduation process is why thousands of tokens in this corpus have revoked authorities at all. The pump.fun risk profile covers the venue's mechanics end to end. Figures are the October 6, 2026 snapshot; scan live for current state.

Balance concentration: the 10 largest token accounts hold 69.28% of PUMP's supply as of 2026-08-09 — meaningful concentration; watch whether the large accounts are pools and lockers or free wallets. Note these are token accounts: liquidity pools, exchange wallets and lockers count among them, so read this together with liquidity, not instead of it.