{"slug":"memecoin-platforms","title":"Memecoin terminal take rates: what Terminal, Trojan, GMGN and pump.fun keep","subtitle":"Observed take rate per memecoin trading terminal, a day's fee revenue divided by that day's routed volume, per chain. What the terminal kept, not what its fee schedule says it charges.","category":"Trading","metric":"Observed take rate","unit":"pct","status":"live","higherIsBetter":false,"filters":null,"value":0.124512,"leader":{"name":"pump.fun","slug":"pump-fun","value":0.124512},"leaders":[{"name":"pump.fun","slug":"pump-fun","value":0.124512}],"rankings":[{"name":"pump.fun","slug":"pump-fun","ms":{"p50":0.124512,"p90":0.124512,"p99":0.124512,"mean":0.124512},"successRate":100,"sampleSize":4404.87},{"name":"Fomo","slug":"fomo","ms":{"p50":0.437686,"p90":0.437686,"p99":0.437686,"mean":0.437686},"successRate":100,"sampleSize":663473},{"name":"Axiom","slug":"axiom","ms":{"p50":0.920649,"p90":0.920649,"p99":0.920649,"mean":0.920649},"successRate":100,"sampleSize":1209670},{"name":"Maestro","slug":"maestro","ms":{"p50":0.921879,"p90":0.921879,"p99":0.921879,"mean":0.921879},"successRate":100,"sampleSize":24649.4},{"name":"GMGN","slug":"gmgn","ms":{"p50":1.02514,"p90":1.02514,"p99":1.02514,"mean":1.02514},"successRate":100,"sampleSize":713619},{"name":"Photon","slug":"photon","ms":{"p50":1.02636,"p90":1.02636,"p99":1.02636,"mean":1.02636},"successRate":100,"sampleSize":13503.5},{"name":"Trojan","slug":"trojan","ms":{"p50":1.12247,"p90":1.12247,"p99":1.12247,"mean":1.12247},"successRate":100,"sampleSize":37600.7},{"name":"Terminal","slug":"padre","ms":{"p50":1.12445,"p90":1.12445,"p99":1.12445,"mean":1.12445},"successRate":100,"sampleSize":235690}],"sparkline":[0.124512,0.124512,0.124512,0.124512,0.124512,0.124512,0.124512,0.124512,0.124512,0.124512,0.124512,0.124512,0.124512,0.124512],"sampleSize":2902610.47,"asOf":"2026-10-07T18:44:50.028Z","freshness":{"asOf":"2026-10-07T18:44:50.028Z","ageHours":0.1,"stale":false},"measured":8,"ranked":8,"headline":"pump.fun posts the lowest observed take rate at 0.12% (24h avg) across 8 ranked terminals.","quote":"pump.fun posts the lowest observed take rate at 0.12% (24h avg) across 8 ranked terminals. Source: OpenChainBench (https://openchainbench.com/benchmarks/memecoin-platforms).","cite":{"plain":"OpenChainBench. \"Memecoin terminal take rates: what Terminal, Trojan, GMGN and pump.fun keep\". Retrieved 2026-10-07. https://openchainbench.com/benchmarks/memecoin-platforms","bibtex":"@misc{ocb_memecoin_platforms,\n  author = {OpenChainBench},\n  title  = {Memecoin terminal take rates: what Terminal, Trojan, GMGN and pump.fun keep},\n  year   = {2026},\n  url    = {https://openchainbench.com/benchmarks/memecoin-platforms},\n  note   = {Retrieved 2026-10-07}\n}","apa":"OpenChainBench. (2026). Memecoin terminal take rates: what Terminal, Trojan, GMGN and pump.fun keep. Retrieved October 7, 2026, from https://openchainbench.com/benchmarks/memecoin-platforms","ris":"TY  - GEN\r\nAU  - OpenChainBench\r\nTI  - Memecoin terminal take rates: what Terminal, Trojan, GMGN and pump.fun keep\r\nPY  - 2026\r\nUR  - https://openchainbench.com/benchmarks/memecoin-platforms\r\nY2  - 2026-10-07\r\nER  - \r\n"},"pageUrl":"https://openchainbench.com/benchmarks/memecoin-platforms","ogImage":"https://openchainbench.com/api/og/memecoin-platforms","source":"https://github.com/ChainBench/OpenChainBench/tree/dev/harnesses/terminal-activity","methodology":["Source: the public tehcscreener API (https://tehcscreener.com/api), Allium-backed, no key, synced once a day. The harness reads /bots over the full history for the roster and /bots/{bot} for each terminal's per-chain daily series, and publishes one day: the latest the source names.","The ratio: that day's fee revenue in USD divided by that day's routed volume in USD, times 100, both read from the same row of the same series. A lower bound on what the terminal charges, because waivers, rebates and promotions reduce what it keeps without changing its schedule.","Zeros are not ranked unless they are consistent, guarded at two levels. Per chain: when no terminal on a chain reports any fee, the column has failed and no take rate publishes there. Per cell: a terminal reporting fees on one chain and exactly zero on another, on material volume, has that cell withheld, because a waived fee and an unmeasured one look identical here. Axiom charges 0.92% on Solana and reported $0.00 on $29.8M of Robinhood volume.","Removed on 2026-10-07: the fee-paying rate panel, the share of transactions that paid a fee. The current source publishes fee totals, not that share, and nothing here reconstructs it. Approximating it from the fields that do exist would have put a derived number where a measured one used to be.","Latest complete day, not a rolling 24 hours: the source publishes daily and its latest day is normally yesterday. A terminal with no activity on that day carries no figure and reads unresponsive rather than having its last live day carried forward. BasedBot is the live case, with volume on Robinhood Chain and almost none on Solana.","Stale source: a day more than 3 whole days behind, or a terminal the source stops returning, has its gauges deleted and reads unresponsive. An old figure is never republished as current, because these gauges are scraped every 60 seconds and read through a 24h window.","Two freshness layers, because they fail differently: terminal_activity_last_success_unix says the harness is still running, and terminal_activity_health says this terminal and chain published a day inside the window. A harness that runs while its source freezes trips the second, not the first.","Chains: five are offered as tabs, the ones with at least five terminals and meaningful volume. Arc, HyperEVM, Monad, X Layer and Avalanche are measured but not offered, because one or two terminals on a chain is a list rather than a comparison.","Not the cost of a swap: this is the terminal's cut only. Slippage, priority fees and pool fees are not in it, and a low take rate can sit on top of a worse total execution. Benches 268 and 279 measure the all-in figure."],"license":"CC-BY-4.0"}