Pump.fun launches custom pairs, allowing creators to launch tokens against stocks, cryptocurrencies, metals and more, while earning fees on the associated asset.
Pompe.fun launched “Custom Pairs”allowing anyone to launch a token paired with stocks, majors, metals, and other tokenized assets instead of sticking to SOL or USDC, bringing the custom pair model that recently swept Raydium and Robinhood Chain straight into crypto’s biggest token launchpad.
What’s the scoop?
- Custom pairs: Creators can use 93 listing assets supported through xStocks and Sunrise, instead of launching something like MEME/SOL, a deployer could launch MEME/NVDA, MEME/SPY or MEME/BTC, with the associated asset providing the other side of the market.
- 20 new actions: Alongside the feature, Pump.fun and Sunrise brought 20 new tokenized shares to Solanaissued 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 associated asset: Creators can set fees between 0.05% and 1%, with rewards paid regardless of the asset their token is associated with. So, pitch against tokenized Nvidia and your creator fees come into tokenized Nvidia. Creators can also move to a cashback model that redirects fees to traders. Meanwhile, 50% of Pump.fun’s revenue from custom pairs will be donated to its $PUMP programmatic buyback and burn deal.
David Christophe
706 posts
David is a writer/analyst at Bankless. Before joining Bankless, he worked for a series of early-stage crypto startups and with 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.
About the Author
