Crypto exchange Bybit has confirmed the launch of the public sale for the PUMP token, linked to the meme coin platform Pump.fun built on Solana. The sale is scheduled to begin on July 12. A total of 150 billion tokens will be offered at a price of $0.004 per unit. The total raise is expected to reach up to $600 million, representing 15% of the total token supply.
The sale will end on July 15. Participation is open to holders of Tether (USDT), USD Coin (USDC), Solana (SOL), and bbSOL (Bybit Staked SOL). Bybit remains the only exchange offering subscription via multiple networks using both stablecoins and native Solana assets.
Tokenomics and Airdrop Plans Confirmed
The project has also confirmed a planned airdrop and released detailed tokenomics. Out of the total 1 trillion tokens in circulation, 33% is allocated to the initial coin offering (ICO). Within this:
- 18% was sold during a closed private sale, which has already concluded.
- 15% is being offered in the public sale under the same conditions, at $0.004 per token.
The remaining tokens are distributed as follows:
- 24% – community and ecosystem initiatives.
- 20% – project team.
- 13% – existing investors.
- 2.4% – ecosystem fund.
- 2% – project fund.
- 3% – streaming-related activities.
- 2,6% – liquidity provision and exchange listings.
