Initial Pump Offering (IPO) let you raise up to 300 SOL for your Project by launching a token on pump.fun.
an IPO has 3 stages:
- Setup — Projects set their raise goal, details, and team allocation, then pay a 1 SOL non-refundable deployment fee to go live.
- Raise — Backers commit SOL during a 6-hour window at a single price; over-subscriptions are filled pro rata. If the target isn’t met, all backers are refunded.
- Token Launch — The token is deployed with up to 20% allocated to liquidity, up to 20% allocated to the team (vested and purchased at the IPO price), and up to 60% sold to the public.
The maximum market cap of a Projects token at launch is the pump.fun bonding-curve market cap (roughly 430 SOL) —higher raise targets mean higher launch market caps; assuming $150/SOL, the max market cap at launch is ~$65k.
Once the token is deployed Projects automatically receive their fundraise. Additionally, Projects can claim their pumpfun creator fees on the devfun website (100% of the creator fees go to the Projects).
Setup, Raise & Token launch (detailed)
In the initial step of your IPO, you are asked to set-up your fundraise details and structure your token sale.
1.1 Raise Target
You set your minimum raise target by choosing how much token supply to sell (50–78%), where selling more supply raises more SOL and results in a higher launch market cap.
An IPO has a maximum raise of ~300 SOL, which corresponds to a max launch market cap of ~$65k (assuming $150/SOL).
Raises can oversubscribe above the target, with allocations filled pro rata and excess SOL refunded to backers.
1.2 Team Allocation
Every IPO includes a free 1% team allocation with a 1-month cliff and 3-month linear vesting.
Projects can also purchase up to 20% of the token supply at the IPO price, subject to the same 1-month cliff and 3-month vesting.
1.3 Coin Details
In this section, you will add the information regarding your token, that will be displayed on pumpfun
field | description |
coin icon | the avatar shown on pumpfun. use a clean square image that still looks good when tiny |
coin name | the display name for your coin on pumpfun page and dexcreener page (if you enable dex autopay) |
ticker | coin’s ticker |
description | a short summary of what the coin is and why it exists |
social links | links that help backers verify you fast (x, telegram, website). these should match your project page. |
add-on services (paid & refunded if raise fails)
add-on (optional) | description |
dexscreener autopay | optional service that lets you setup and pay for dexscreener’s enhanced token info once project’s coin is live. |
custom contract address suffix (up to 4 characters) | optional service that lets you choose a custom suffix. |
1.4 Project Details
In this section, you add the Project information that will be displayed on the dev.fun website.
field | description |
name | your project’s public name that shows on your project details page. |
one-liner | a one-line positioning statement. |
description | a short overview of what you’re building. this should explain the project in plain words. |
social links | the same set of trust links as coin details (x, telegram, website). keep them aligned across pages. |
media | up to 4 media including screenshots, demo clips, or visuals. |
long description (pitch) | your longer write-up for backers: problem → solution → traction → roadmap. |
1.5 configure whitelist pool (optional)
whitelist is a separate pool for specific addresses.
set up an invite link or paste direct addresses
once you click lock in whitelist, you can’t edit it after that
whitelist participants get non-dilutive allocation
whitelist pool cap: 30 SOL total across all whitelist participants
1.6 Review and Launch
In this section, you are asked to review all your IPO details & launch. Once you click on “Launch IPO” your IPO instantly goes live and the 6 hour fundraising window starts.
1.7 Fees
fees are shown in the UI before you confirm:
platform fee: 5% on spread (the spread = total SOL raised minus cost to buy coins on pump.fun), only if the raise succeeds
IPO launch fee: 1 SOL, charged at review & launch (non-refundable), optional add-ons (refundable if fundraise fails)
1.8 Why IPOs?
builder benefits
- Instant upfront capital (runway to fund your Project)
- Instant distribution through the most powerful attention generating tool - a Token
- A wide range of early backers and supporters, who are financially motivated to promote your Project
backer benefits
- Access to early-stage teams with moonshot potential
- Fair way to participate in fundraises of early-stage teams
- Pro-rata allocations with automatic refunds on oversubscription
1.9 Frequently Asked Questions (FAQ)
- when does the raise start? - After you launch, the raise runs for 6 hours.
- what happens if the minimum target isn’t met? - Backers get a full refund.
- what happens if the raise overfills? - Backers are filled pro-rata and the extra SOL is claimable as a refund. whitelist participants get a non-dilutive amount of coins.
- what if I delete the IPO draft? - If you delete IPO draft before launching, all setup is discarded and any whitelist invites become invalid.