Pump.fun to release $127M PUMP tokens on July 12

Pump.fun will release $127 million worth of PUMP tokens on July 12. The tranche equals 29.23% of the circulating supply and is tied to insider allocations.

On-chain vesting records identify the release as flowing to team members and early investors. The project’s vesting schedule extends into 2029. About 402.96 billion PUMP, or 40.3% of the 1 trillion token supply, has already been unlocked. Most remaining allocations use cliff vesting, meaning large amounts become available on specific dates rather than being distributed steadily over time.

Market data ahead of the unlock showed PUMP trading near $0.00155 with 24-hour volume between roughly $64 million and $70 million. At that pace, the $127 million tranche is about double recent visible daily turnover. The full amount will reach exchanges only if recipients move tokens there; the portion actually sold on markets will determine pressure on order books.

Allocation breakdowns list the initial coin offering at about 33% of total supply, community and ecosystem initiatives at roughly 24%, the team at about 20%, existing investors at 13%, livestreaming at 3%, liquidity and exchanges at 2.6%, the ecosystem fund at 2.4% and the foundation at 2%.

During the public sale phase, 150 billion PUMP were sold to retail investors, raising $600 million in 12 minutes and bringing primary-sale proceeds to about $1.32 billion.

Project records show buybacks totaled about $233 million to acquire 62.2 billion PUMP by early January. Buyback purchases add exchange demand but their impact depends on the amount and timing relative to unlocked supply.

Post-unlock trading volume and price movements will show how much of the tranche is placed on exchanges and how the market absorbs the supply. The July 12 release converts a scheduled vesting date into a measurable market event reflected in trading data.