Pump.fun launches Custom Pairs, letting creators launch tokens against stocks, crypto, metals, and more while earning fees in the paired asset.
Pump.fun launched “Custom Pairs”, letting anyone launch a token paired against tokenized stocks, majors, metals, and other assets instead of sticking with SOL or USDC, bringing the custom-pair model recently sweeping Raydium and Robinhood Chain directly into crypto’s largest token launchpad.
What’s the Scoop?
- Custom Pairs: Creators can use 93 supported quote assets via xStocks and Sunrise meaing, instead of launching something like MEME/SOL, a deployer could launch MEME/NVDA, MEME/SPY, or MEME/BTC, with the paired asset providing the other side of the market.
- 20 New Stocks: Alongside the feature, Pump.fun and Sunrise brought 20 new tokenized stocks to Solana, issued by Backpack Securities. These include Boeing ($BA), Alibaba ($BABA), Webull ($BULL), Costco ($COST), Dell ($DELL), Trump Media ($DJT), Hims ($HIMS), among others.
- Creators Get the Paired Asset: Creators can set fees between 0.05% and 1%, with rewards paid in whatever asset their token is paired against. So, launch against tokenized Nvidia and your creator fees arrive in tokenized Nvidia. Creators can alternatively switch to a cashback model that redirects fees to traders. Meanwhile, 50% of Pump.fun’s revenue from Custom Pairs will flow into its programmatic $PUMP buyback-and-burn contract.
David Christopher
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David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.
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