What are the differences between the MEME launch platform Clanker and Pump.fun in terms of comparative analysis?

Author: Poopman, encryption researcher

Compiled by Felix, PANews

Recently, many well-known memes have emerged on the Base ecosystem meme launch coin platform Clanker, including CLANKER, ANON, etc. The encryption researcher Poopman has compared Clanker with Pump.fun in multiple dimensions such as business models. The following is the detailed content.

1. Business Model

PumpFun: During the bonding curve (Bonding Curves, using Smart Contracts and mathematical formulas to dynamically adjust the price of Tokens based on their supply), a 1% transaction fee + 2 SOL is required to list on Raydium.

Clanker: As there is no bonding curve, the #LpFeesCut function is used to permanently charge a 1% fee from Uni v3.

New upgrade: 0.4% of the fees are returned to the issuance party, providing more incentives for issuanceToken.

2. Total Revenue

PumpFun: A total of $363 million in 10 months. Currently 55 times Clanker.

Clanker: Revenue of 6 to 7 million dollars within 20 days. The income is exaggerated due to some of the expenses being Token.

3. Token quantity rise (7 days)

PumpFun: 4 million tokens, daily rise about 1.3%

Clanker: There are currently 4768 Tokens, with a daily rise of about 12%.

4. Top 3 tokens already issued

PumpFun：

Pnut: $1.1 billion

GOAT: $8.38 billion

Chillguys: $490 million

Clanker:

Clanker: $83 million

LUM: $39 million

ANON: 33 million dollars

Some key points:

Although Clanker has successfully guided a large Basevolume, there have been no indications of any favorable signals for Farcaster.

Early robot sniping seems to be an issue, but there is no clear/accurate data showing its toxicity.

The user base of Farcaster is limited, which may hinder the rise of Token quantity. However, this design can provide strategic value for Base and Farcaster.

The continuous increase in the types of assets on Base is the key to unlocking the “true” Base Season.

Related reading: Clanker Recasting Ethereum Ecological Meme Glory? Analyzing the Base Chain’s AI Agent launch coin application