Pump.fun, the Solana-based memecoin launchpad, has announced two significant developments: a new Charity Coins feature and a massive token burn. On April 29, 2026, Pump.fun introduced Charity Coins through an exclusive collaboration with donate.gg, a platform focused on crypto donations. This feature is designed to route creator fees from selected tokens directly to charities, aiming to reduce disputes among traders, lower security risks for charity accounts, and make fee donations more transparent.
The announcement was made on X, where Pump.fun stated, “Introducing Charity Coins, a much needed solution for charities & traders.” The platform explained that the initiative addresses the current reliance on Coin Admins to manually claim and send creator fees, which often leads to uncertainty, disputes, and potential tax implications for admins. By integrating with donate.gg, Charity Coins provide a separate, automated path for charitable donations, reducing the burden on individuals and minimizing “needless PVP” (hostile trading behavior) around charity-linked tokens.
Regarding security, Pump.fun noted that charity accounts may become targets for bad actors, especially when social authentication is required to accept funds. The new feature aims to lower these risks, allowing memecoin communities to support causes more safely.
In addition, Pump.fun confirmed a major token burn, permanently removing approximately $370 million worth of PUMP tokens, which represents about 36% of the circulating supply. The platform also locked 50% of future net revenue into an automated buyback-and-burn smart contract for the next twelve months. Following the burn, PUMP's price rallied around 7%, and 24-hour trading volume surged by approximately 137%. However, the token remains significantly below its all-time high from July 2025. The burn has not been universally welcomed, as some community members had hoped the tokens would be used for airdrops.
