Pump.fun, the go-to Solana-based launchpad for memecoins, is back in the spotlight with the comeback of its live streaming feature – a once-popular tool that connected coin creators with their fans in real time. After months in the dark, the curtain lifts again. This time, the feature comes with strings attached – a censorship policy aiming to keep things clean while walking the tightrope between creativity and control.
Currently, only about 4,076 active accounts are minting most of the tokens, up from just 1,000 in recent weeks. With the 5% live stream quota now in place, that small group holds the power to reshape the Pump.fun narrative. Daily token launches have bounced back to over 30,000. Daily active wallets have surged past 146,000.
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Pump.fun Past Controversies
Pump.fun hasn’t exactly had a quiet ride. The platform first earned headlines not just for its viral tokens but for hosting streams that went too far. Content showing violence, animal abuse, and even self-harm led to a wave of backlash that forced the shutdown of live streaming in November 2024. Without moderation, the chaos spiraled.
Then came the scandal in May 2024. A former insider used privileged access to pull off a $1.9 million exploit by misusing flash loans. It was a sharp hit to the platform’s credibility, especially after Pump.fun had to shut down trading and rush out contract updates.
By January 2025, a class action lawsuit hit the scene, accusing the platform of running afoul of U.S. securities law. Lawyers claimed Pump.fun pocketed close to $500 million in fees while helping users push unregistered securities. The case even included complaints about tokens that impersonated law firms, like the one cheekily named “DOGSHIT2.”
In February 2025, the official X account of Pump.fun was hacked, adding insult to injury. It was used to promote a fake governance token named “PUMP,” duping users into thinking it was legit. Just months before, in August 2024, Pump.fun had tried a Hail Mary: slashing token creation fees and rewarding creators. Over 23,000 tokens launched in 24 hours, pulling in $5 million. But only 1% had any real success, raising eyebrows.
Read also: Gen Z Trader’s Rug Pull Backfires as Token Pumps to Millions
Live Streaming Returns – What’s New?
The return of live streaming doesn’t mean a return to chaos – at least that’s the plan. According to Pump.fun, the platform will now be actively monitoring streams, drawing a firm line on what’s acceptable. There’s a limit to the freedom users enjoyed before.
The new policy draws hard boundaries: content involving harassment, violence, child abuse, doxing, explicit imagery, copyright violations, or calls for violence will get streams shut down. Even crass or disturbing content could result in a permanent ban. Despite this, some edge may be allowed, as Pump.fun walks the fine line of keeping things fun but not reckless.
Alon, a co-founder, revealed on X that this isn’t a top-down decision. Pump.fun wants feedback – users, policy experts, and creators are encouraged to help shape the policy. It’s still evolving, and input will decide how much leash the platform gives its streamers. Pump.fun new guidelines notes:
“Cultivate a social environment on pump fun that preserves creativity and freedom of expression and encourages meaningful engagement amongst users, free of illegal, harmful, and negative interactions.”
Pump.fun Livestream Moderation Policy Overview
| Category | Consequences |
|---|---|
| Violence (threat, graphic violence, promoting violence) | • Immediate stream termination • Possible account suspension/ban |
| Harassment (abuse, bullying) | • Immediate stream termination • Possible account suspension/ban |
| Sexual Content | • Immediate stream termination • Possible account suspension/ban |
| Younth Endangerment | • Immediate stream termination • Reporting to law enforcement • Permanent platform ban |
| Illegal Activities | • Immediate stream termination • Possible account suspension/ban • Potential legal referral |
| Privacy Violations (doxxing, sharing personal information or broadcasting without consent) | • Immediate stream termination • Possible account suspension/ban • Content removal |
| Copyright Violations (use of trademarks and intellectual property without permission) | • Immediate stream termination • Possible account suspension/ban • Content removal |
| Terrorism / Violent Extremism | • Immediate stream termination • Permanent account ban • Potential legal referral |
Content Appropriateness & Enforcement
| Topic | Policy Details |
|---|---|
| Content Appropriatness | • Platform does not universally define “appropriate” vs “inappropriate” • NSFW content may be permitted within certain boundaries • Platform reserves the right to determine appropriateness when necessary |
| Enforcement Authority | • Policy enforced at the sole discretion of pump.fun • Non-discovery of violations does not constitute policy waiver • Platform reserves the right to enforce retroactively |
| Enforcement Actions | • Content removal • Termination of livestreams • User account suspension or termination • Referrals to law enforcement when applicable |
| Appeal Process | • Users may appeal content removal by contacting pump support • Appeals are available via a link on pump.fun homepage • Final determination remains at the platform’s discretion |
Read also: What’s Happening with Pump.fun? A Look at Its Recent Activity Drop
