Pump.fun Acquires Vyper to Expand Trading Infrastructure

Pump.fun has acquired trading terminal provider Vyper, a move that adds analytics and execution tools to Pump.fun’s ecosystem. The acquisition will see Vyper’s infrastructure integrated into Pump.fun’s Terminal platform, which was rebranded from an earlier acquisition of Padre. Vyper’s standalone product will be phased out as users transition to Pump.fun’s Terminal.

The acquisition builds on Pump.fun’s earlier expansion into trading infrastructure. In October 2025, Pump.fun acquired Padre, which was later rebranded as Terminal. The platform now supports multi-chain trading, with a focus on fast execution and broad market support.

Pump.fun’s Terminal aims to serve as a multi-chain trading hub, emphasizing high-speed execution and broad market support. Vyper’s team and technology will join Pump.fun’s broader product suite, enhancing its cross-chain trading capabilities.

Why Did This Happen?

The move reflects a broader strategy by Pump.fun to consolidate more of the trading workflow, from token launches to execution and analytics. This strategy is particularly relevant as memecoin activity cools from the speculative frenzy of late 2024 and early 2025 according to market analysis.

Pump.fun’s co-founder Alon Cohen highlighted the importance of building “super rapid and efficient cross-chain trading infrastructure.” This acquisition is part of a broader growth strategy, despite challenging market conditions.

How Did Markets React?

Pump.fun’s expansion comes as memecoin activity has declined significantly. The market capitalization of memecoins tracked by CoinMarketCap surpassed $100 billion in December 2024 but has since fallen to about $28 billion.

Pump.fun’s monthly revenue also declined, peaking at over $137 million in January 2025 and dropping to $31 million by January 2026. This decline is attributed to the waning popularity of memecoins.

Despite the decline, Pump.fun has seen a renewed surge in activity. According to The Block's data, nearly 30,000 tokens were launched on Pump.fun on February 2, a significant increase compared to earlier October 2025.

What Are Analysts Watching Next?

Analysts are watching how the integration of Vyper’s infrastructure will affect Pump.fun’s performance. The focus is on EVM support and the potential for improved trading on EVM-compatible networks.

Pump.fun’s Terminal team emphasized that EVM support is a core focus. With Vyper’s infrastructure and talent, they expect trading on EVM (including Base) to improve significantly.

The acquisition also marks a strategic shift for Pump.fun, which has moved beyond its initial focus on memecoins. The company has launched an investment arm called Pump Fund, signaling a pivot away from a pure memecoin strategy.

Pump.fun’s growth strategy includes expanding its team and infrastructure. The company is also overhauling its creator fee model to introduce broader revenue sharing.

The integration of Vyper’s team and technology is expected to strengthen Pump.fun’s ability to build cross-chain trading infrastructure. This is crucial for broad liquidity and execution quality, especially as the company continues investing in its core platform and mobile app.

Pump.fun’s expansion reflects a broader trend in the crypto industry, where platforms are diversifying their offerings to include more comprehensive trading and analytics tools. This strategy is aimed at capturing a larger share of the market amid a cooling memecoin sector.