Pump.fun is the first large-scale unlocked window after a year of token-generated events. On 14 July, the project team's wallet began distributing unlocked US$PUMPs, and external competition was rising simultaneously, and memecoin trade heat on Robinwood Chain was diverting such high-risk flows.

Monthly unlocked size approximately $121.5 million

According to the report, Pump.fun will unlock 86.65 billion PUMPs in July, or approximately $121.5 billion, equivalent to 21.35 per cent of the flow of supplies and 10.14 per cent of the total supply of 1 trillion.

The largest of these occurred on July 12. With the end of the initial 12-month lockout period, some 82.5 billion coins were released, approximately 29 per cent of the current circulation. On 14 July, team wallets began to distribute tokens, with an initial transfer amounting to over $6 million, followed by a cumulative distribution of 52 billion pieces, with an approximate calibre of $76 million.

  • About 50 billion to the team.
  • About 32.5 billion to early investors
  • The rest of the allocation relates to community and ecological components

Repurchase destruction faces first test

Pump.fun has been repurchased and destroyed on an ongoing basis before the current roundlock is unlocked. Reports indicate that the cumulative amount of the agreement for the repurchase and destruction of US$ PUMP amounted to US$ 408.24 million and that over 150 billion coins have been permanently removed from circulation.

In April, the agreement also committed to extending the procedural buy-back for another year and to using 50 per cent of the agreement's revenue to purchase US$PUMP. As a result of this unlocking, which became the first major supply test of $PUMP since TGE, the market will see if the buyback will absorb potential sales pressure.

In terms of price performance, PUMP fell to an historical low of $0.001157 on June 25, and is now back above $0.0016. Since the lock was unlocked on 12 July, nearly three days have seen an increase of more than 19 per cent, but it is still 81 per cent below the historical high of $0.0088 and 58 per cent below the price of $0.004 for the issuance of tokens.

NOXA is leading the way in July.

Another pressure on Pump.fun came from outside Solana. Robinwood Chain recorded more than 17 million transactions, nearly 350,000 addresses, about $250 million TVL, and over $1 billion DEX in trade. These figures are quoted by Johann Kerbrat, General Manager of Robinhod Crypto.

DefiLlama data show that Robinwood Chain had a 24-hour DEX deal of about US$ 808 million on July 13 and had risen to a third position, exceeding Etheum, Base and Hyperliquid. The latest 24-hour deal was approximately $817.23 million, ranking fourth; Solana remained at the top of the list of $1903 million.

The Dune data show that the cumulative income of NOXA has exceeded $15.6 million and exceeded Pump.fun for most of July. By contrast, Pump.fun has earned about $7.6 million so far this month. Since July 8th, Robinwood Chain has added more than 15,000 new memecoin daily, of which NOXA accounts for more than 80% and attracts more than 270,000 active wallets.