Pump.fun, the Solana-based memecoin launchpad, has acquired Vyper, a crypto trading execution terminal, in a strategic push to build a full cross-chain trading suite. Both teams confirmed the deal this week. Under the terms, Vyper's core technology and personnel will be absorbed into Pump.fun's in-house multichain trading platform Terminal (formerly known as Padre). The standalone Vyper product is being phased out and will shut down on February 10, with its infrastructure migrated into Pump.fun's broader offering.
Migration Incentives and Timeline
Vyper is designed to help traders route orders across blockchains quickly and reliably. Its integration into Terminal aims to boost execution performance, improve cross-chain capabilities, and deepen support for EVM-compatible networks such as Ethereum and Base. Pump.fun is offering limited-time incentives, including up to 90% cashback on fees, to encourage users to switch to Terminal. Financial terms of the deal were not disclosed.
Pump.fun's Growth Amid Headwinds
Co-founder Alon Cohen described the acquisition as part of a broader expansion strategy despite challenging market conditions. “We are rapidly and aggressively expanding our team and will continue investing in core products, including our mobile app and Terminal platform,” he said. The move comes as Pump.fun navigates recent controversies — its crypto bounty feature drew backlash over humiliating and risky stunts, and it posted a job for a legal executive with a salary range of $1 million to $5 million.
Financial Strength and Consolidation Trend
Pump.fun remains highly profitable. In January, it recorded its highest gross profit of $31.76 million — the largest since September 2025 — while total trading volume crossed $2 billion in the past 30 days. The company acquired trading terminal Padre in late 2025 and rebranded it as Terminal, laying the foundation for cross-chain execution. The Vyper acquisition reflects a broader consolidation within memecoin and decentralized finance (DeFi), where platforms seek to offer end-to-end tools — token creation, analytics, liquidity management, and execution — under a unified interface.