PANews reported on March 25th that Pump.fun co-founder Alon disclosed on the X platform that the platform has updated its fee mechanism to address the issue of malicious manipulation in token issuance. Previously, each token issued on Pump.fun had an associated Coin Admin, who could arbitrarily change the fee recipient and distribution method, leading to manipulation: creators would first set fees to be directed to others, and then transfer the fees back to their own wallets after the token gained popularity, harming users' interests.

After the update, all tokens will default to the standard creator fee (except for rebate tokens). Creators will only have one opportunity to redirect their fees to another wallet; after that, the fee settings will be locked. If creators do not use this opportunity, they can do so later if needed. Existing tokens with allocated fees will have their fees locked, while existing tokens with standard fees will have one opportunity to change them.