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Quick PumpFun vs. Clanker comparison: Who do you prefer?
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2024-11-29 15:02:01 6,407

Quick PumpFun vs. Clanker comparison: Who do you prefer?

Author: Poopman, IOSG researcher; Compiler: 0xjs@金财经

1. Business model

PumpFun: 1% transaction fee + 2 sols during the bonding curve period to be listed on Raydium.

Clanker: Take 1% fee from Uni v3 permanently and use #LpFeesCut feature since there is no bonding curve.

New upgrade: 0.4% of the fee will be returned to the issuer, providing more incentives for issuing tokens.

2. Total revenue

PumpFun: $363 million in revenue in 10 months. Currently 55 times more powerful than clanker.

Clanker: $6-7M in 20 days. Since part of the fee is in tokens, revenue is overstated.

3. Growth in the number of tokens (7 days)

PumpFun 4 million tokens, a daily growth of about 1.3%)

Clanker currently has a total of 4768 tokens, a daily growth of about 12%

p>4. Top 3 market capitalization tokens

PumpFun:

Pnut - US$1.1 billion

GOAT - 8.38 $000 million

Chillguys - $490 million

Clanker:

Clanker - $83 million

LUM - $39 million

ANON - $33M

Some takeaways:

While Clanker has managed to drive significant volume on Base, it has yet to send any positive signals for Farcaster.

Early on BOT sniping seemed to be an issue, but there was no clear/accurate data showing its toxicity.

Farcaster has a limited user base, which may hinder the growth of the number of tokens. However, this design can provide strategic value to both Base and Farcaster.

The increasingly diverse assets on Base are the key to unlocking the “real” Base Season.

Keywords: Bitcoin
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