# How many pump.fun coins graduate?

**About 1 in 76.** Of the 1,448,536 coins launched on pump.fun from 2026-09-29 to 2026-10-28, 1.32% graduated to PumpSwap
through trading within a day of launch. Standard coins: 1 in 101 (0.99%). Mayhem coins: 1 in 44
(2.25%). Another 13,109 were instant migrations (created, bought out and migrated by one bundle within 2 seconds of launch):
41% of all graduations.

Measured 2026-10-30 by Hidden Hand Research from every pump.fun launch since 2026-04-18, read from the Solana chain. Updated weekly.

## Key numbers (last 30 complete days)

- 48,285 pump.fun launches a day
- 1 in 76 graduate through trading within a day (1.32%)
- Median time from launch to graduation: 5.8 minutes; 85% within the first hour
- 41% of graduations are instant migrations (437 a day)
- Mayhem coins: 26% of launches, 44% of graduations through trading

## By month

| Month | Launches a day | Standard coins | Mayhem coins | Graduated through trading a day | Instant migrations a day |
|---|---|---|---|---|---|
| 2026-04 | 26,462 | 0.95% | 0.32% | 202 | 29 |
| 2026-05 | 28,649 | 0.74% | 0.12% | 165 | 30 |
| 2026-06 | 28,401 | 0.80% | 0.18% | 175 | 52 |
| 2026-07 | 27,652 | 0.99% | 3.65% | 474 | 145 |
| 2026-08 | 38,208 | 1.18% | 4.08% | 657 | 352 |
| 2026-09 | 33,488 | 1.14% | 2.95% | 556 | 513 |
| 2026-10 | 48,424 | 0.98% | 2.27% | 634 | 430 |

## How it was measured

A launch is a pump.fun bonding curve created; a graduation is the PumpSwap pool Pump creates when the curve completes. A graduation within
2 seconds of launch is an instant migration. Coins are grouped by UTC launch day and counted once a full day has passed. Graduations more
than a day after launch are not in the share (about 0.08% more).

## Data

- Daily data: https://hiddenhand.trade/research/data/pump-fun-graduation-rate.csv
- Everything: https://hiddenhand.trade/research/data/pump-fun-graduation-rate.json
- License: CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/)

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