Pump.fun Establishes ‘Glass Full Foundation’ to Support Memecoin Liquidity Amid Revenue Decline
Solana-based memecoin launchpad Pump.fun has launched the Glass Full Foundation (GFF) to inject liquidity into select tokens within its ecosystem, as platform revenues fall sharply from their early 2026 highs.
According to the announcement on X, the GFF aims to “inject significant liquidity into ecosystem tokens to support our most diehard cults,” though details on funding sources or token selection criteria remain undisclosed. Initial capital deployments have already begun, with additional rollouts expected.
The platform’s top-performing token, Fartcoin (FART), boasts a market cap exceeding $1 billion, while Peanut the Squirrel, a tribute to a viral social media pet, holds over $253 million in value.
Pump.fun’s revenue drop has been stark — falling from more than $7 million daily in January to approximately $200,000 earlier this month, based on blockchain analytics. The decline coincides with the rise of LetsBonk.fun, a competing Solana launchpad tied to the Bonk community, which has recently surpassed Pump.fun in issuance volume and daily earnings.
The liquidity injection comes as Pump.fun seeks to defend its position in a rapidly shifting memecoin market and restore momentum amid rising competition.
