Hidden Hand

How many pump.fun coins graduate?

1 in 76

Of the 1,448,536 coins launched on pump.fun from 2026-09-29 to 2026-10-28, 1.32% made it to PumpSwap through real trading within a day of launch. Standard coins: 1 in 101. Mayhem coins: 1 in 44, 2.3 times as often. Another 13,109 "graduated" in their launch second, created, bought out and migrated by a single bundle. That's 41% of all graduations, and they aren't breakouts.

  • Measured
  • 1,448,536 launches in the last 30 complete days
  • Every launch since 2026-04-18, from the chain
  • Updated every week
  • Get the data
48,285
coins launched on pump.fun a day, the last 30 days
1 in 76
graduate to PumpSwap through trading, within a day of launch
5.8 min
the median trip from launch to graduation, for the coins that make it
41%
of graduations are instant: migrated within 2 seconds of launch

Graduating through trading, day by day

Share of each day's pump.fun launches that graduated through trading within a dayDaily from 2026-04-18 to 2026-10-28. About 0.6% to 0.8% from April to June, about 1.7% from July to September, 1.32% over the last 30 days.0.0%1.0%2.0%3.0%AprMayJunJulAugSepOct1.1%
The share of each day's launches that reached PumpSwap through trading within 24 hours. Instant migrations are not in it.

Graduations a day: through trading, and instant

pump.fun graduations a day, through trading and instant migrationsInstant migrations went from about 29 a day in April to about 437 a day over the last 30 days.05001,0001,500AprMayJunJulAugSepOctThrough tradingInstant (one bundle, launch second)
Each bar is one day's launches: the coins that graduated through trading within a day, and the ones migrated in their launch second.

Standard and Mayhem coins, week by week

Share of each week's pump.fun launches that graduated through trading within a day, standard and Mayhem coinsStandard coins graduated 0.7% to 1.3% a week. Mayhem coins graduated 0.1% to 0.3% a week until the week of 2026-06-29, and 1.2% to 4.9% a week since.0.0%2.0%4.0%6.0%AprMayJunJulAugSepOctStandard coinsMayhem coins0.9%2.5%
Each point is one full week of launches (from Monday) and the share of them that reached PumpSwap through trading within a day. Mayhem coins overtook standard ones in the week of 2026-06-29 and have stayed ahead every week since.

How the number moved

Standard coins have graduated at a steady 0.7% to 1.2% since April. Mayhem coins almost never graduated until July (0.1% to 0.3%); since July they have graduated more often than standard coins every month, and over the last 30 days they made up 44% of graduations through trading while being 26% of launches.

MonthLaunches a dayStandard coinsMayhem coinsGraduated through trading a dayInstant migrations a day
April 2026 (from the 18th)26,4620.95%0.32%20229
May 202628,6490.74%0.12%16530
June 202628,4010.80%0.18%17552
July 202627,6520.99%3.65%474145
August 202638,2081.18%4.08%657352
September 202633,4881.14%2.95%556513
October 202648,4240.98%2.27%634430

Shares are of the coins launched that month that graduated through trading within a day.

How long it takes

Time from launch to graduation, for coins that graduated through tradingOf the coins that graduated through trading in the last 30 days, 85% did it within an hour of launch; the median was 5.8 minutes.2 to 60 seconds1,874 (10%)1 to 5 minutes6,842 (36%)5 to 15 minutes4,733 (25%)15 to 60 minutes2,780 (15%)1 to 3 hours1,071 (6%)3 to 24 hours1,756 (9%)
Coins that graduated through trading, 2026-09-29 to 2026-10-28. 85% made it within their first hour.

What it means for you

  • Graduating isn't proof of demand. 41% of graduations are instant migrations set up by one bundle in the launch second, so a big market cap from minute one is a reason to look closer.
  • If a coin is going to graduate, it usually goes fast: 85% of the coins that made it through trading did so within their first hour, half of them within 5.8 minutes.
  • Mayhem coins graduate 2.3 times as often as standard ones these days, with an agent holding part of the supply. The card flags a Mayhem coin before you trade it.

How we measured it

  • Every pump.fun bonding curve created since 2026-04-18 is a launch. Every PumpSwap pool Pump creates when a curve completes is a graduation. Both come straight from the chain.
  • A graduation within 2 seconds of the launch is an instant migration: one bundle creates the coin, buys out the curve and migrates it. We confirmed these block by block in our migration study. Everything else graduated through trading.
  • Coins are grouped by the day they launched (UTC), and a day counts once a full day has passed after it. The headline is the last 30 complete days.

What it doesn't tell you

  • Coins that graduate more than a day after launch aren't in the share. They add about 0.08% more.
  • Graduating means the curve filled up. It says nothing about who filled it, or whether the price held afterwards.
  • This is pump.fun only. Other launchpads graduate coins their own way.

The data

pump.fun launches and graduations, by day, 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.

Daily data (CSV)Everything (JSON)This page as Markdown

Cite this

Hidden Hand Research. "How many pump.fun coins graduate?" Measured 2026-10-30. https://hiddenhand.trade/research/pump-fun-graduation-rate

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