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first_img Sparsity: pump.fun accounts for nearly 92% of the launch volume in the past 30 days

On-chain data research account Sparsity released a study on November 10, stating that in the past 30 days, pump.fun accounted for 92% of the total launch volume of all Meme launch platforms and 84% of the trading volume of launch platforms. The study noted that 95% of pump.fun's protocol revenue comes from trades when tokens are still on the joint curve or have a market cap of less than $250,000. A fee of 1.25% is charged on each transaction on the joint curve, with 0.95% going to pump.fun and 0.30% to the creators, resulting in a round-trip cost of 2.5% before price changes.The study indicated that approximately three-quarters of the aforementioned revenue comes from tokens that have been listed for less than 1 hour, and 87% comes from tokens that have been listed for less than 1 day. A total of 15 top tokens with a peak market cap of $1.4 billion paid about $1.5 million to pump.fun, while tokens on the joint curve or with a market cap of less than $250,000 paid $506 million. The research also stated that the top 25 deployers collectively launched 761,000 tokens, with a graduation rate of less than 1%, and received $128 million; the wallet that launched the most issued 171,195 tokens, averaging about $200 per token.The study reported that since August, call rewards have paid $29.6 million to 51,115 wallets, with 10 wallets receiving 16%, and the median being $13. In the fourth quarter of 2024, out of 3.16 million launches, 207 reached a market cap of $10 million, while in the third quarter of 2026, out of 3.05 million launches, 24 reached that level. The study stated that out of a total of 24.4 million launches on pump.fun, currently, 312 have a market cap above $100,000, which is about 1 in every 78,000. The article was written by Kioto.

first_img Onramp launched corporate Bitcoin accounts, supporting dual withdrawal approval

According to Bitcoin Magazine, Bitcoin financial services company Onramp has launched Onramp Business, a corporate account that supports named users, role-based permissions, and dual withdrawal approvals. This product is aimed at companies that wish to incorporate Bitcoin into their balance sheets but are reluctant to have it managed by a single login, single custodian, or single private key holder.The base account transaction fee is 0.85%, with Bitcoin stored at qualified custodians, typically completing verification within one business day. It supports up to three users, including the owner, administrator, and read-only roles, and provides audit trails. Onramp Treasury and Onramp Enterprise are being launched simultaneously at higher tiers.Onramp founder and CEO Michael Tanguma stated that he has seen companies decide to incorporate Bitcoin into their balance sheets over the years, but stall when the board asks who holds the private keys; Onramp Business allows companies to have the same control as a bank account, including named users, withdrawal approvals, and complete records. As holdings grow, Onramp Treasury stores them in vaults protected by three independent institutions, with no single party (including Onramp) able to transfer or access them.Bitcoin in free accounts is stored in cold storage at qualified custodians; multi-institution custody is provided by Onramp Treasury, starting at $375 per month, with transaction fees reduced to 0.65%. Bitcoin is moved into vaults held in the company's name, protected by a 2-of-3 multi-signature arrangement consisting of Onramp, Tetra Trust, and CoinCover.Onramp Enterprise is aimed at funds, miners, and large corporate treasuries, priced on a consulting basis. Onramp has been offering multi-institution custody since 2023, completing a $12.5 million Series A funding round in May, with a valuation of $135 million.

first_img Decrypt collaborates with Helius to introduce confidential transfers for Money Account

Decrypt announces a partnership with the Solana infrastructure company Helius to introduce confidential transfer features for the Decrypt Money Account. This feature is based on Helius's Solana Privacy Rings privacy system, allowing users to send funds without disclosing the transfer amount, and transactions will not appear on the Solana public ledger. This move is part of Decrypt's evolution towards The Information Exchange, which integrates news reading, trading, and prediction markets into a single account.Decrypt co-founder and COO Ilan Hazan stated that he hopes the Decrypt Money Account will be at the forefront of on-chain finance, providing a user experience that goes beyond traditional financial platforms, with privacy as a core component.Helius's product head Tilo Palfner pointed out that public wallets expose users' holdings, transfer methods, and transaction behaviors. Once a wallet is linked to a personal identity, its financial history becomes visible to the entire network. He noted that the user experience of Solana Privacy Rings is similar to regular Solana transfers, completing almost instantly, with the difference being that outsiders cannot see the transfer details.The Decrypt Money Account does not require a mnemonic phrase, gas fees, or cross-chain bridges, and the underlying technology uses simple zero-knowledge proofs to allow users to prove ownership and control without disclosing their balance. Currently, the privacy feature only covers fund transfers and does not yet involve exchanges, earn, and prediction market positions supported by Jupiter on The Information Exchange.The core program is already running on the Solana mainnet and has been audited by Certora, OtterSec, and ZK Security; Helius plans to launch Custom Rings in the fourth quarter of 2026, allowing institutions to set their own compliance controls and audit access permissions.
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