The fight for thePump pickaxe
A fan tribute to the Squad Invitational · coins on pump.fun
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Don't trust, verify
Where every coin's fees go, how and when $PUMPAXE's fees reach squads #4–#10, the vault and every transfer, with on-chain links to check it all yourself. No wallet needed, nothing to sign.
01 · How and when we pay
$PUMPAXE's fees are split among the owners of squads #4–#10, round by round. Each squad coin's fees go straight to its own squad's owner. Here is how, and when.
Rule 1 · the main coin
100% of the creator fees of $PUMPAXE are claimed by the vault and sent by our payout bot, every round, to the owners of squads #4–#10 of the live board (22/18/15/13/12/11/9%). Each round sends exactly what was claimed — never the vault's balance.
Every round, with its claimRule 2 · each squad coin
100% of each squad coin's creator fees go to that squad's owner, set on-chain with pump.fun's fee sharing and locked. The owner collects them on pump.fun. We never hold or touch them.
Each coin's split, on-chainFor the first 24 hours after $PUMPAXE launches, every 30 minutes (at :00 and :30 UTC) the payout bot claims $PUMPAXE's creator fees into the vault and sends exactly that amount to the owner of each squad at #4–#10 of the live board at that moment, split 22/18/15/13/12/11/9% by rank.
After day one, once every 24 hours, the same way, until the Squad Invitational ends on Nov 9, 14:00 UTC.
The last round uses pump.fun's Final Results instead of the live board.
Shares of each round's $PUMPAXE pot, in SOL, to the wallet of the squad's owner: the member pump.fun lists as the squad's owner. A squad that stays in #4–#10 gets paid in every round.
02 · Where $PUMPAXE's fees go
One public Solana wallet collects 100% of $PUMPAXE's creator fees; squad coins pay their own squad owners and never pass through it. It's a normal 1-of-1 wallet that also holds a little SOL of ours for network fees, never part of a pot. Apart from network fees and the coin setup (creating the coins and their fee-sharing configs, and returning the unused SOL we put in for it), every SOL that leaves it should be one of the payouts listed below.
Reading the vault…
03 · Coin by coin
For each coin we read on-chain where its creator fees go. $PUMPAXE's must reach the vault: it was created from the vault, or its pump.fun fee sharing sends 100% there. Each squad coin's must go to its own squad's owner: its fee sharing sends 100% to the owner's wallet, locked. Green means the fees go where they should. All of them, $PUMPAXE included, are unofficial fan coins launched on pump.fun: not affiliated with or endorsed by pump.fun or the squads.
| Coin | Contract address | Where the fees go | Check it |
|---|---|---|---|
Loading the coins… | |||
✓ To the vault $PUMPAXE: 100% of its creator fees reach the vault, because it was created from the vault or its fee sharing sends 100% there · ✓ To the squad owner a squad coin: its fee sharing sends 100% to that squad's owner (“locked” means nobody can change that split any more) · Warning the fees go somewhere else: don't take our word for it · Not checked yet we re-read every coin every 30 minutes; meanwhile, check it on Solscan.
04 · Out of the vault
Every $PUMPAXE fee sent from the vault to a squad owner, round by round, with what was claimed for it. Our server reads each transaction on the Solana blockchain before listing it here: it must send SOL from the vault to that wallet. Owner wallets only appear once they've been paid.
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Reading the payouts from our server.
pump.fun keeps $PUMPAXE's creator fees until they're claimed. Each round, our payout bot claims them into the vault, and the pot is exactly what that claim brought in, read from its own transaction, never from the vault's balance. If too little is waiting, the round skips the claim and the fees keep waiting on pump.fun.
The round freezes pump.fun's live board at that moment: the squads at #4–#10 right then are the ones paid. The last round uses the Final Results.
The bot sends each squad its share (22/18/15/13/12/11/9%) of exactly what was claimed, in SOL, to the squad's owner: the member pump.fun lists as its owner. One transfer each. Shares are rounded down to the lamport and the few left over go to #4, so the transfers add up to exactly the pot.
Our server reads each transaction on Solana and lists it here only if it really sent SOL from the vault to that wallet.
05 · Your turn
About ten minutes with a block explorer. You only read public data: no wallet, no sign-in, nothing to sign.
Copy the vault address from the top of this page and open it on Solscan. Its SOL balance should match ours: we re-read it every minute.
The vault is a normal Solana wallet with one key (1 of 1). There's no multisig and no time lock: what keeps us honest is that every move is public.
Open a coin's fee-sharing config, Config in the table. For $PUMPAXE it lists the vault as the only shareholder with 10,000 basis points (100%), unless the coin was created by the vault itself. For a squad coin it lists one shareholder, the squad owner's wallet, with 10,000 basis points, and it's locked.
The coin's bonding curve, run by pump.fun's main program, names who collects its creator fees. For $PUMPAXE it must be the vault itself or its fee-sharing config; for a squad coin, its fee-sharing config. Anything else means the fees go elsewhere. That's exactly what our check reads.
Pick any payout above and open its transaction on Solscan: it must send SOL from the vault to that wallet, for that amount. Open the round's claim too: the round's transfers add up to exactly what that claim brought into the vault. Then open the squad on pump.fun and check that the wallet belongs to the squad's owner.
Apart from network fees and the coin setup (creating the coins and their fee-sharing configs, and returning the unused SOL we put in for it), every SOL that leaves the vault should be one of the payouts above: same signature, same wallet, same amount. If you find one that isn't, call us out.
If someone sends you a “PUMPAXE” or “$PUMPAXE” address anywhere else, compare it character by character with the ones on this site.
The vault is 1 of 1: nothing on-chain forces us to pay, and the public record is the proof. pump.fun's CTO process or program upgrades could change where a coin's fees go. Fee rates are pump.fun's and may change. Holders of PUMPAXE coins receive nothing from the pot.
