For the first time, Pump.fun isn’t the top dog in daily memecoin launchpad revenue. Flap, a multi-chain platform built initially on BNB Chain, pulled in roughly $1.18 million in 24-hour protocol revenue, narrowly beating Pump.fun’s $1.13 million, according to DefiLlama.
How Flap closed the gap
Flap launched around June 2024 with a focus on BNB Chain and has since expanded to other networks including X Layer and Robinhood Chain. Its core appeal lies in two mechanics that differentiate it from the standard bonding-curve launchpad model: Player vs. Player duel functionality and activation thresholds set notably low, with duel matches kicking in at market caps as small as $24K.
Pump.fun, for context, has generated over $1 billion in cumulative revenue since launching on January 19, 2024. That’s a staggering figure for a platform that essentially lets anyone create a token in seconds. Flap’s single-day win doesn’t erase that kind of lead.
Pump.fun isn’t standing still
