What is Pump.Fun? A next-generation Memecoin issuance protocol

Pump.Fun is a decentralized platform deployed on the Solana blockchain, designed for the rapid issuance and trading of Memecoins. With its minimalist interface and low-cost architecture, Pump.Fun enables anyone to create and launch their own Meme tokens in just a few minutes.

The Pump.Fun protocol consists of two core components:

• Pump.Fun Issuance Platform: Used for token generation and initial issuance;
• Swap.Pump.Fun AMM Protocol: Supports users to freely trade Meme tokens.

PUMP is its official utility token, but users can use the protocol normally even if they do not hold PUMP, ensuring the platform’s permissionless openness.

Overview of the 10th Issue of the 3rd Points Carnival

Figure:https://www.gate.com/campaigns/1522alpha

To coincide with the launch of PUMP, the 10th phase of the Gate Alpha Third Points Carnival has officially started on July 15, 2025, and will continue until July 22 at 00:00 (UTC+8). This phase has a prize pool of up to 12,500,000 PUMP, making it one of the most generous in the current series of points festival activities.

Three reward mechanisms breakdown: ranking Airdrop, check-in sharing, points rewards.

Reward 1: Users ranked in the top 100 by trading volume

• During the event period, buy a total of PUMP ≥ 500 USDT on Gate Alpha;
• The top 100 users will receive 25,000 PUMP Airdrop;
• Competition mechanism: the earlier you participate and the more you trade, the more advantages you have.

Note: This reward cannot be combined with the check-in reward.

Reward 2: Daily trading accumulation, share tens of millions PUMP

• Buy PUMP worth 20 USDT every day to successfully check in.
• Cumulative check-in for 3 days to participate in the sharing of a prize pool of 10,000,000 PUMP tokens;
• Each user can receive up to 5,000 PUMP, limited to eligible users.

Suitable for medium to low position investors, easy participation can also yield substantial rewards.

Reward 3: Trade to qualify and win Gate Alpha points

• Accumulate buying PUMP up to 200 USDT to receive 1 point;
• Accumulate a purchase of PUMP reaching 300 USDT to earn 2 points;
• Rewards 1 or 2 can be claimed simultaneously, with no exclusion restrictions.

Gate Alpha points can be used to participate in more activities in the future or exchange for other benefits, and their long-term value should not be ignored.

Click to view details:https://www.gate.com/announcements/article/46115

PUMP Project Highlights Analysis

• Brand Collaboration: PUMP represents the official identity logo of the Pump.Fun protocol;
• Participate in promotional activities: In the future, there may be exclusive limited releases for PUMP, meme voting, and other incentive mechanisms.
• Solana ecosystem empowerment: high TPS and low Gas, suitable for fast Meme transactions;
• No need to hold coins: Lower the barriers for user participation and promote the open dissemination of the protocol.

This also means that PUMP is not just a governance or fee token, but an activating factor that links the brand and the platform.

How to participate in Gate Alpha trading

1. Open the Gate APP and click on “Trade”;
2. Switch to the “Gate Alpha” zone and search for “PUMP”;
3. Click ‘Participate Now’ to bind the activity;
4. Conduct compliant transactions and meet the reward criteria.
5. Claim rewards within 14 working days after the event ends.

Risk Warning and Precautions

• Gate Alpha’s listed projects are mostly early-stage innovative coins, and their price volatility may be significant.
• All participants must go through identity verification and sign the innovation disclaimer;
• If you participate in multiple Gate Alpha events simultaneously, you can only receive one “First Trade” reward.
• Prohibiting malicious traffic manipulation, false transactions, bulk registrations, and other behaviors. Once discovered, all reward qualifications will be canceled.
• This event is not related to Apple Inc. Users in restricted areas should read the user agreement terms carefully.

Conclusion

Pump.Fun is becoming a key building platform in the Meme economy, and PUMP is an important bridge driving its ecological interaction. This time, Gate Alpha is launching PUMP with the 10th edition of the points carnival, undoubtedly providing users with a rare opportunity of “trading equals rewards.”

Whether you are a Meme enthusiast, a Solana user, or a points fanatic, PUMP is the summer hotspot asset you can’t miss. Head to Gate Alpha now to start your exclusive check-in challenge and share in the tens of millions of token rewards!