Pump.fun has acquired virtual currency trading terminal Vyper. This will scale down the standalone product and migrate the infrastructure to the Solana memecoin launchpad ecosystem.
Vyper announced Friday that core parts of its product will begin shutting down starting Tuesday, but limited functionality will remain accessible. Users were directed to Pump.fun’s terminal (formerly known as Padre) to continue using the tool.
The move reflects a broader strategy by Pump.fun to further integrate trading workflows, from token launch to execution and analysis, as memecoin activity cools from the speculative frenzy of late 2024 and early 2025.
The companies did not disclose financial terms of the deal. Pump.fun did not respond to inquiries from Cointelegraph prior to publication.
Expanding beyond token launches
Pump.fun’s acquisition of Vyper follows previous trading infrastructure efforts. On October 24, Pump.fun acquired trading terminal Padre to enhance liquidity and improve execution of tokens launched on the platform. Padre was later rebranded and now operates as Terminal.
Pump.fun also launched an investment arm called Pump Fund in January, marking what the company described as a shift away from its focus on pure meme coins.
On January 20th, Pump Fund debuted with a $3 million hackathon aimed at supporting early-stage projects, including those not directly related to cryptocurrencies.
Related: MEV Trading Returns to Court in Pump.fun Class Action Lawsuit
Consolidation as meme coin market cools down
The expansion comes after memecoin activity dropped from a peak when celebrities and several government leaders launched their own tokens. Pump.fun’s growth was driven by intense speculative activity on Solana, but revenues subsequently declined as the meme coin’s popularity waned.
Pump.fun’s monthly revenue peaked at more than $137 million in January 2025, according to data from DefiLlama. This number decreased by 77% the following year, with the platform generating approximately $31 million in January 2026.
In December 2024, the estimated market capitalization of meme coins tracked by CoinMarketCap exceeded $100 billion. At the time of this writing, the sector was worth about $28 billion, down about 72%.
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