What a Pump launch costs
Every fee below is enforced by the contract, not by policy, and the figures are read from the factory that is live right now rather than written into this page.
While on the curve
1.25%
Charged on every buy and every sell against the curve, and split between the parties below. This is the total a trader pays — the slices are how it is distributed, not fees stacked on top of each other.
Sent to the Apexis platform wallet as the trade settles, with no claim step.
40% of the trade fee
Accrues to whoever launched the token, claimable from the curve at any time.
40% of the trade fee
Held back by the curve and added to the pool at graduation, making it deeper than the funding target alone would.
20% of the trade fee
At graduation
10 USDC
Once the curve has raised its target, it lists itself on the DEX in a single transaction: it seeds the pool at the curve's own final price, burns unsold inventory, and hands the pool over.
The LP tokens are burned
Sent to a dead address as the pool is created, so nobody — creator or platform — holds a position that could be withdrawn. Not a timelock that expires: the liquidity cannot be pulled at all.
Withheld fees deepen the pool
The 0.25% collected during the curve is injected alongside the target. Both sides grow together, so the pool opens at the same price — just with more depth behind it.
After graduation
1%
The graduated token charges its own fee on DEX trades, which is what keeps paying the creator once the curve is gone.
Charged only when the graduation pool is one side of the transfer, so buying and selling pays it while sending tokens between wallets does not. Both recipients are written once at graduation and cannot be changed afterwards.
How this compares
Against pump.fun, the launchpad most of these mechanics are measured against. The comparison below is about what the terms do over a token's life, not about who is cheapest — on price alone, a token that grows large is cheaper to trade there than here, and that is the third row.
The terms a token launches with are the terms it keeps
Each curve copies the split into its own storage when it is created, and no function exists to change it afterwards. Deploying a new factory sets terms for future launches only.
Fees come from a program-wide config at the moment of the trade, so a change reaches tokens that are already trading. Their September 2025 fee overhaul repriced existing tokens this way.
The creator's cut does not shrink as the token succeeds
The same share at the first buy and the last one, and after graduation the token keeps paying the creator on every DEX trade — with no pool size at which it steps down.
Tiered by market cap and falling as the token grows, so the rate is highest while a launch is tiny and lowest once it is worth something.
Where a large token costs more to trade here
The curve fee never falls, and the graduated token charges 1% on DEX trades — most of which is the creator revenue above, but a trader pays it either way.
The same tiers that cut the creator's share also cut the total, so trading an established token there costs a fraction of what it costs here.
Apexis figures are read live from the factory. pump.fun figures were taken from their published fee documentation in August 2026, and they reserve the right to change them at any time — check the source before relying on the comparison.
Verify it yourself
Every figure on this page is a public getter on the factory below. Read it on the explorer and compare.
Factory