Headline: Pump.fun revamps creator fees on Solana — launches “Cashback Coins” that send 100% of fees to traders Pump.fun, the Solana-based token launch platform, is overhauling how creator fees are distributed and introducing a new token type designed to reward traders instead of deployers. In an update on X, Pump.fun said “not every token deserves Creator Fees” as it rolled out “Cashback Coins.” The new option lets token creators choose at launch whether the token’s creator fees go to the deployer (Creator Fees) or are redirected entirely to traders (Trader Cashback). That decision is immutable once the token is live. How it works - At token creation, creators must select either Creator Fees or Trader Cashback. - If Trader Cashback is chosen, 100% of creator fees are routed to traders and holders rather than the deployer. - That choice is permanently locked after launch; it cannot be changed. - Community takeovers (CTOs) are not allowed on Cashback Coins — these tokens will continue to reward traders and holders rather than an original deployer. Creator Fee coins are similarly locked into their selected structure. Pump.fun’s CEO described the update as a move to “reward traders and REAL projects,” reflecting the platform’s intent to better align incentives within the memecoin and token-launch ecosystem. Historically, creator fees have been positioned as a way to fund development and community growth for teams and founders. Pump.fun noted many tokens gain traction without an active team or roadmap, and in those cases creator fees can end up rewarding deployers who don’t contribute long-term value. The Cashback Coins feature is available now in the Pump.fun mobile app and on the website during token creation. Traders who participate in Cashback Coins can claim their rewards through the app by going to their profile and accessing the rewards section. Why it matters This change hands more control to token creators and, indirectly, to market participants: creators pick a fee model at launch, and traders decide which tokens to support. The update fuels an ongoing debate in the memecoin space about fairness and incentive alignment — and signals Pump.fun’s bet that the market should decide whether deployers or traders deserve the rewards. Read more AI-generated news on: undefined/news