Key HighlightsThe PUMP token increased 33.8% over seven days, reaching approximately $0.0028 on August 11Weekly protocol fees for Pump.fun reached $10.03M, marking a 12% increase from the prior week30-day platform revenue totaled $35.67M, surpassing Hyperliquid’s $32.46MThe platform burned 2.15 billion PUMP tokens valued at $5.02M throughout the weekAn upcoming unlock event will release 6.875 billion PUMP tokens between August 12–14The PUMP token has demonstrated impressive momentum this week. On August 11, the asset was changing hands near $0.0028, reflecting a 33.8% increase over the preceding seven days and exceeding 104% growth across the past 30 days. The token’s circulating market capitalization currently hovers around $1.1 billion.Pump.Fun (PUMP) PriceThis price appreciation has coincided with heightened engagement on Pump.fun, the Solana-based platform designed for token launches that powers the PUMP token.During the week spanning August 3–9, Pump.fun generated $10.03 million in protocol fees. This represented a 12% week-over-week improvement and marked the first instance where weekly revenue exceeded the $10 million threshold in the platform’s current reporting framework. HUGE: Pumpfun breaks $10 MILLION in weekly fees for the FIRST time ever.Pumpfun generated a record $10.03M in protocol fees from Aug. 3–9, up 12% WoW.The platform also bought back and burned 2.15B $PUMP worth $5.02M, while ecosystem trading volume hit $2.97B, its highest… pic.twitter.com/ThdqdVVbCL— Coin Bureau (@coinbureau) August 11, 2026Trading volume within the ecosystem hit $2.97 billion during this timeframe. Pump.fun characterized this as the most robust weekly trading performance since the end of January. PumpSwap contributed $2.22 billion to this total, while bonding curve transactions accounted for the remaining $751.6 million.Revenue Metrics Surpass HyperliquidAccording to DefiLlama metrics, Pump.fun accumulated $35.67 million in revenue over the last 30 days. This figure positions the platform ahead of Hyperliquid, which posted $32.46 million during the identical period.It’s important to note that DefiLlama employs different measurement methodologies for these platforms. Pump.fun’s revenue encompasses bonding curve fees, PumpSwap protocol fees, and Terminal fees. Meanwhile, Hyperliquid’s figure primarily represents fees allocated to its Assistance Fund for HYPE token acquisitions.The platform also disclosed that it allocated $5.02 million toward buying back and permanently removing approximately 2.15 billion PUMP tokens from circulation during the week. Pump.fun directs 50% of its net revenue toward automated buyback and burn mechanisms through a secured smart contract. Total burns to date have eliminated 15.7% of PUMP’s initial total supply.On August 7, Pump.fun unveiled an enhanced social trading interface. New capabilities include token notifications for followers, fee-free trading, and cross-chain USDC compatibility. The platform reported a 44% increase in callouts and an 87% rise in replies throughout the week.Social trading just leveled up on the Pumpfun app!– Callout tokens, alert EVERY single follower – Trade with ZERO fees– Trade crosschain seamlessly with USDCGrow your following now pic.twitter.com/lZGWozPCEY— Pump.fun (@Pumpfun) August 7, 2026Scheduled Token Unlock on the HorizonNotwithstanding the recent price rally, a planned supply expansion is imminent. DefiLlama’s unlock calendar indicates that 4.167 billion PUMP tokens allocated to the team and 2.708 billion reserved for existing investors will become available around August 12. The combined release of 6.875 billion PUMP carries an estimated value of approximately $19.2 million at present market rates, constituting roughly 1.75% of the circulating supply.An alternative data source indicates the unlock figure may reach 7.07 billion PUMP on August 14.From a technical perspective, PUMP is trading above the upper Bollinger Band on daily charts, which currently sits near $0.00270. The 4-hour Stochastic RSI registered readings between 88–91, exceeding the 80 threshold that commonly indicates overbought market conditions.PUMP continues to trade approximately 68% below its all-time high established in September 2025. The token has appreciated from roughly $0.0012 in late June to its present level near $0.0028.The post Pump.fun (PUMP) Surges 33% as Platform Fees Reach Historic $10M Milestone appeared first on Blockonomi.