{"slug":"memecoin-platforms","title":"Explicit platform fees for trading memecoins (pump.fun vs Fomo vs Photon vs bots)","subtitle":"Live 24-hour protocol fee revenue divided by trading volume for each Solana memecoin platform. Fees sourced from Dune Analytics (on-chain fee wallet inflows, refreshed every 6 hours). Volume from Mobula lighthouse (refreshed every 15 minutes).","category":"Trading","metric":"Median fee","unit":"pct","status":"live","higherIsBetter":false,"filters":null,"value":0.124879,"leader":{"name":"pump.fun","slug":"pump-fun","value":0.124879},"rankings":[{"name":"pump.fun","slug":"pump-fun","ms":{"p50":0.124879,"p90":0.152812,"p99":0.246733,"mean":0.125437},"successRate":100,"sampleSize":1737.89},{"name":"Trojan","slug":"trojan","ms":{"p50":0.165951,"p90":0.186889,"p99":0.232516,"mean":0.126228},"successRate":100,"sampleSize":162.902},{"name":"Fomo","slug":"fomo","ms":{"p50":0.890664,"p90":1.14343,"p99":1.36024,"mean":0.675766},"successRate":100,"sampleSize":39.6129},{"name":"Maestro","slug":"maestro","ms":{"p50":0.958834,"p90":0.958834,"p99":1.63002,"mean":0.973473},"successRate":100,"sampleSize":2},{"name":"Axiom","slug":"axiom","ms":{"p50":1.30172,"p90":1.64186,"p99":2.21285,"mean":0.830757},"successRate":100,"sampleSize":24.8986},{"name":"Photon","slug":"photon","ms":{"p50":1.36259,"p90":3.34674,"p99":3.34674,"mean":1.75916},"successRate":100,"sampleSize":6.80114},{"name":"GMGN","slug":"gmgn","ms":{"p50":1.47299,"p90":2.69656,"p99":3.1818,"mean":1.47299},"successRate":100,"sampleSize":9.50364}],"sparkline":[],"sampleSize":2024.65288,"asOf":"2026-08-13T10:51:54.369Z","headline":"pump.fun leads median fee at 0.12% (24h avg) on Explicit platform fees for trading memecoins (pump.fun vs Fomo vs Photon vs bots).","quote":"pump.fun leads median fee at 0.12% (24h avg) on Explicit platform fees for trading memecoins (pump.fun vs Fomo vs Photon vs bots). Source: OpenChainBench (https://openchainbench.com/benchmarks/memecoin-platforms).","cite":{"plain":"OpenChainBench. \"Explicit platform fees for trading memecoins (pump.fun vs Fomo vs Photon vs bots)\". Retrieved 2026-08-13. https://openchainbench.com/benchmarks/memecoin-platforms","bibtex":"@misc{ocb_memecoin_platforms,\n  author = {OpenChainBench},\n  title  = {Explicit platform fees for trading memecoins (pump.fun vs Fomo vs Photon vs bots)},\n  year   = {2026},\n  url    = {https://openchainbench.com/benchmarks/memecoin-platforms},\n  note   = {Retrieved 2026-08-13}\n}","apa":"OpenChainBench. (2026). Explicit platform fees for trading memecoins (pump.fun vs Fomo vs Photon vs bots). Retrieved August 13, 2026, from https://openchainbench.com/benchmarks/memecoin-platforms","ris":"TY  - GEN\r\nAU  - OpenChainBench\r\nTI  - Explicit platform fees for trading memecoins (pump.fun vs Fomo vs Photon vs bots)\r\nPY  - 2026\r\nUR  - https://openchainbench.com/benchmarks/memecoin-platforms\r\nY2  - 2026-08-13\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/main/harnesses/memecoin-platforms","methodology":["Fee source (all except Fomo): Dune Analytics query 8316589 on solana.account_activity. Native SOL inflows matched by address = fee wallet; USDC/WSOL inflows matched by token_balance_owner = fee wallet. Summed over NOW() - 1 DAY. Executed every 6h; cached result read every 15min.","Fee source (Fomo): DeFiLlama /summary/fees/fomo, chainBreakdown[Solana].total24h. DeFiLlama combines on-chain USDC inflows to R4rNJHaffSUotNmqSKNEfDcJE8A7zJUkaoM5Jkd7cYX and off-chain relay fees from dune.tryfomo.fomo_relay_fees (private Dune table).","Volume source (Mobula): Mobula lighthouse byPlatform for trading terminals; byLaunchpad[name=PumpFun] for pump.fun (bonding curve + PumpSwap graduated AMM). Updated every 15 minutes. This is total attributed volume; includes trades that may not have generated a fee.","Volume source (fee-paying, Dune): For each transaction that generated a native SOL, USDC, or WSOL inflow to a fee wallet, the largest swap trade in dex_solana.trades with matching tx_id is taken (MAX amount_usd per tx, to avoid double-counting multi-hop routes). Sum across all such transactions = fee_paying_volume_usd_24h. This denominator is self-consistent with the fee numerator.","Two take-rate metrics: memecoin_platform_fee_rate_pct = fees / Mobula total volume (lower bound, shows attribution breadth); memecoin_platform_fee_paying_rate_pct = fees / fee-paying volume (comparable across platforms, closer to the actual per-trade fee rate). memecoin_platform_coverage_pct = fee-paying volume / Mobula volume (shows what fraction of attributed volume generated a fee).","SOL price: CoinGecko simple/price, refreshed every 5 minutes. Used to convert native SOL and WSOL inflows to USD.","GMGN: 9 fee wallets verified by DeFiLlama adapter (master, 2026-06) as pure collectors sweeping to a single treasury. DeFiLlama Solana-only fees match ours within 5%, confirming the wallet list is complete. GMGN's $772K/day DeFiLlama total includes BSC, Base, Ethereum, Monad and other EVM chains; this bench is Solana-only.","pump.fun: fees captured via native SOL and WSOL inflows to the 9 known protocol fee wallets. pump.fun cut its bonding-curve trading fees to 0% in August 2026; observed fee revenue post that date reflects token graduation fees only. Creator fees (0.30%) and LP fees flow to separate recipients not tracked here.","Trojan: fee wallets capture the per-swap protocol transfer; DeFiLlama Solana match at 6% confirms fees are in the swap transaction, not a separate settlement."],"license":"CC-BY-4.0"}