Pump.fun (PUMP) announced that it collected $7.2 million in fees from Bonding Curve, PumpSwap, Terminal, and other sources over the past week. 50% of the net fees are used for automatic buyback and burning of PUMP through locked smart contracts. Accordingly, $3.7 million worth of PUMP has been bought back and burned over the past 7 days. The amount burned to date accounts for 41.80% of the total circulating supply.
