Pump.fun has acquired crypto trading terminal Vyper in a strategic push to strengthen its cross-chain trading capabilities and infrastructure.
Quick Summary – TLDR:
- Pump.fun has acquired trading platform Vyper, integrating its team and tech into its Terminal service.
- Vyper will shut down most operations by February 10, with features absorbed into Pump.fun’s broader trading stack.
- The move follows Pump.fun’s earlier acquisition of Padre, now rebranded as Terminal.
- The expansion comes as the memecoin market sharply declines, prompting Pump.fun to pivot toward infrastructure.
What Happened?
Pump.fun, the Solana-based memecoin launchpad, is expanding beyond token creation by acquiring Vyper, a crypto trading execution terminal. The deal, announced on social media last week, will see Vyper sunset its services while transferring its tech and team to Pump.fun’s Terminal platform. Financial terms of the acquisition have not been disclosed.
This marks Pump.fun’s second acquisition in recent months, as the company looks to consolidate its position in the trading infrastructure space amid cooling memecoin interest and falling revenues.
We’re proud to announce that Vyper has been acquired by @Pumpfun
— Vyper (@TradeonVyper) February 5, 2026
Vyper’s infrastructure will soon be migrated to @TradingTerminal. As part of that process, Vyper will soon be sunsetting.
To celebrate, all Vyper users get a limited-time 90% cashback on Terminal!
Learn more 👇 pic.twitter.com/TFJIrR2bWy
Pump.fun Taps Vyper for Infrastructure Expansion
Pump.fun has been rapidly evolving from a memecoin launchpad into a full-fledged trading platform. The acquisition of Vyper adds powerful automation tools, including sniping features that help users act instantly on newly launched tokens. These tools will now be part of Terminal, which supports multiple chains including Solana, Ethereum, Base, and BNB Smart Chain.
According to Pump.fun co-founder Alon Cohen, the Vyper deal is part of a strategy to build “super rapid and efficient cross-chain trading infrastructure”. He emphasized that despite difficult market conditions, the company is expanding aggressively.
Despite market conditions, we’re expanding our team rapidly and aggressively.@_relational , @whythebrixxx & @scardi have proven that they have an outstanding understanding and passion for the onchain trading space over the past few years.
— alon (@a1lon9) February 5, 2026
Supporting our existing team with… https://t.co/RGV99TYAZR
Terminal’s team noted that EVM chain support is now a top priority, with Vyper’s capabilities expected to enhance execution speed on Ethereum-based networks.
Vyper to Shut Down as Services Move to Terminal
Vyper announced that its standalone product will begin shutting down on February 10, with limited functions remaining during the transition. Users have been directed to migrate to Terminal for continued trading access.
The merger is expected to give traders:
- Faster order execution.
- Better automation for token sniping and market tracking.
- Enhanced support for multichain assets.
Even though Vyper’s interface will disappear, its backend tools will live on within Terminal’s ecosystem.
Pump.fun Shifts Focus as Memecoin Mania Fades
The Vyper acquisition reflects a broader shift in Pump.fun’s strategy. The once red-hot memecoin market has cooled drastically. At its peak in December 2024, memecoins had a combined market cap of over $100 billion, but that number has since plunged to around $28 billion, a drop of 72 percent.
Pump.fun’s own revenue followed a similar pattern. According to DefiLlama, the platform brought in $137 million in January 2025, but earnings fell to just $31 million by January 2026, a 77 percent decrease.
Despite this downturn, Pump.fun is seeing new token activity rise again. On February 2, 2026, nearly 30,000 tokens were launched on the platform, a sharp increase from the 9,000 to 13,000 range seen in October 2025.
Beyond Memecoins: New Investment Arm and Broader Goals
Pump.fun’s roadmap is no longer solely focused on memecoins. In January, the company launched Pump Fund, an investment initiative aimed at early-stage projects, including those outside the crypto space. It kicked off with a $3 million hackathon to support builders beyond token speculation.
With both Padre and Vyper now part of its stack, Pump.fun is aligning itself to own the full lifecycle of token trading:
- Launch
- Trading execution
- Analytics
- Revenue generation via creator tools
The platform also recently revamped its creator fee model, allowing teams to split fees across up to 10 wallets and transfer ownership rights, making it easier to manage communities and project governance.
SQ Magazine Takeaway
I think this move shows Pump.fun is playing the long game. The hype around memecoins was wild while it lasted, but that wave is clearly crashing. Rather than chasing the next big meme, Pump.fun is building tools that matter whether the market’s hot or cold. By pulling in Vyper and doubling down on infrastructure, they’re betting that speed, automation, and multichain compatibility will be more important than any one trend. Honestly, it’s a smart pivot. If they keep improving Terminal, they might become a go-to platform not just for memes, but for serious crypto trading too.
