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Pump.fun has burned 17% of its token supply and the SEC just cleared the path

Pump.fun's buyback and burn program has topped $466 million, destroying nearly 17% of PUMP's original token supply, and PUMP jumped as much as 20% this week after the SEC issued staff guidance saying such buyback programs don't…

Startup Fortune

Publisher

Sep 30, 2026 at 6:28 PM UTC · Updated il y a 3 jours · 1 min de lecture

Pump.fun has burned 17% of its token supply and the SEC just cleared the path
Image via Startup Fortune

Key Signal

17% PUMP supply burned

Last Updated

il y a 3 jours

Traduction…

Pump.fun has burned 17% of its token supply and the SEC just cleared the path

Pump.fun's buyback and burn program has topped $466 million, destroying nearly 17% of PUMP's original token supply, and PUMP jumped as much as 20% this week after the SEC issued staff guidance saying such buyback programs don't automatically make a token a security. Weekly platform revenue hit $9.7 million, up from $7.5 million, with a new Custom Pairs feature adding a second funding stream for future burns.

Why this matters

The SEC staff guidance could reduce a key legal concern for token issuers using buyback-and-burn programs, though it does not by itself determine any token's securities status. The stance signals a potentially important distinction in how token supply-management mechanisms may be assessed, with implications for similar crypto projects.

#crypto#government-policy#regulation

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Originally reported by Startup Fortune

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SEC Crypto Asset Market Structure Rulemaking

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