Pump.fun expands trading capabilities through Vyper purchase
Vyper will discontinue its independent platform and transition users to Terminal as Pump.fun integrates analytics and trading execution capabilities into its platform.
The Solana memecoin launchpad Pump.fun has completed the acquisition of Vyper, a cryptocurrency trading terminal that will cease operating as an independent platform and transfer its technological infrastructure to Pump.fun's expanding ecosystem.
Vyper announced on Friday that essential components of its platform will commence shutdown procedures on Feb. 10, though select functionalities will stay available for a limited period. The company has instructed its user base to transition to Pump.fun's Terminal platform, previously known as Padre, for continued access to trading capabilities.
This acquisition signals Pump.fun's comprehensive approach to bringing together multiple aspects of the trading process, encompassing everything from initial token creation to trade execution and data analysis, particularly as enthusiasm for memecoins has diminished following the speculative surge experienced in late 2024 and the beginning of 2025.
Neither organization revealed the monetary details surrounding the acquisition. Pump.fun had not provided a response to Cointelegraph's inquiry at the time this story was published.
Expansion beyond token launches
The Vyper acquisition represents a continuation of Pump.fun's strategic push into trading infrastructure development. Previously, on Oct. 24, Pump.fun completed the purchase of Padre, a trading terminal designed to enhance liquidity provisions and optimize trade execution for tokens created through its platform. The Padre platform subsequently underwent rebranding and currently functions under the Terminal name.
Additionally in January, Pump.fun unveiled an investment division called Pump Fund, representing what the organization characterized as a strategic shift moving beyond an exclusive concentration on memecoins.
Pump Fund made its official debut on Jan. 20, accompanied by the announcement of a $3 million hackathon initiative designed to provide support for emerging projects in their early developmental stages, including ventures that fall outside the traditional cryptocurrency space.
Consolidation amid a cooling memecoin market
This strategic expansion unfolds against the backdrop of declining memecoin market activity from previous highs, a period marked by numerous celebrities and multiple government officials introducing their own digital tokens. The explosive growth experienced by Pump.fun was fueled by fervent speculative trading on the Solana blockchain, though platform revenues have subsequently declined in tandem with waning memecoin popularity.
Information compiled by DefiLlama reveals that Pump.fun's monthly revenue reached its apex at over $137 million in January 2025. This number experienced a dramatic 77% decrease throughout the subsequent year, with the platform recording approximately $31 million in revenue during January 2026.
During December 2024, the projected total market capitalization for memecoins monitored by CoinMarketCap exceeded the $100 billion threshold. As of the current reporting time, this market segment carries a valuation of approximately $28 billion, representing a contraction of about 72%.