Do pump.fun devs launch again, and does their record matter?
Constantly. Of the 6,486,303 coins launched on pump.fun from 2026-04-18 to 2026-10-28, 49% came from just 6,481 dev wallets that each launched 100 or more. And yes, the record matters: a coin from a dev whose 20+ earlier coins never graduated made it through trading 0.30% of the time, about 6 times less often than a dev's very first coin (1.78%).
Does the dev's record tell you anything?
Week by week
The serial launchers' share
The record, in numbers
Every launch from 2026-04-18 to 2026-10-28, grouped by what the dev's earlier coins had done by then.
| The dev's record at launch | Launches | Share of launches | Graduated through trading | Share |
|---|---|---|---|---|
| Their first launch | 1,540,740 | 24% | 27,478 | 1.78% |
| Earlier launches, all under a day old | 1,358,252 | 21% | 10,949 | 0.81% |
| 1 to 4 earlier launches, none graduated | 357,160 | 6% | 3,807 | 1.07% |
| 5 to 19 earlier launches, none graduated | 370,515 | 6% | 2,588 | 0.70% |
| 20 or more earlier launches, none graduated | 1,110,275 | 17% | 3,340 | 0.30% |
| At least one earlier launch graduated | 1,749,361 | 27% | 34,328 | 1.96% |
How many coins each dev launches
Dev wallets grouped by how many coins they launched over the whole period.
| Coins launched | Dev wallets | Launches | Share of all launches |
|---|---|---|---|
| 1 launch | 1,232,743 | 1,232,743 | 19% |
| 2 to 4 | 202,277 | 519,082 | 8% |
| 5 to 19 | 78,794 | 685,500 | 11% |
| 20 to 99 | 20,445 | 842,980 | 13% |
| 100 or more | 6,481 | 3,205,998 | 49% |
85% of instant migrations (the one-bundle fake caps) came from a dev wallet's only launch: those operators use a fresh wallet every time, which is why the card follows the money too, not just the dev's record.
What it means for you
- Check the dev before the chart. A dev with dozens of launches and not one graduation is the most common thing on pump.fun, and their next coin almost never makes it (1,110,275 launches, 17% of everything, came from devs like that).
- A first coin isn't a red flag on its own: first launches graduate 1.78% of the time, a bit above the average of 1.27%.
- The coin card shows the dev's record (coins launched, how many graduated) right where you trade.
How we measured it
- Every pump.fun launch since 2026-04-18, from the chain. The dev is the address the coin was created for (its creator-fee address), or the signer when there isn't one.
- A dev's record at a launch counts only their coins launched at least a day before it, so every outcome in it was already known.
- Graduated means reached PumpSwap through trading within a day, as in our graduation finding. Instant one-bundle migrations don't count.
What it doesn't tell you
- These are wallets, not people. One person can run many wallets, and a launch tool can sign for many people. Linking wallets is a separate job, and the card does it.
- Graduating is one outcome. A dev can graduate coins and still dump on buyers afterwards.
The data
pump.fun launches grouped by the dev's record, from 2026-04-18 to 2026-10-28. Free to use and share under CC BY 4.0: just say it came from Hidden Hand.
Cite this
Hidden Hand Research. "Do pump.fun devs launch again, and does their record matter?" Measured 2026-10-30. https://hiddenhand.trade/research/pump-fun-dev-track-record
Keep digging
See it on live coins
All of this runs live in the panel, on whatever coin or wallet you're looking at. Free on the Chrome Web Store, no wallet needed.